monetary-policy

Fed can be ‘gentle’ in hiking rates, Dudley says

The Federal Reserve can be “gentle” in removing monetary stimulus since U.S. inflation remains low and the economic expansion could last five or more years, one of the most influential Fed policymakers said on Wednesday. “We&#…

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Fed can be ‘gentle’ in hiking rates, Dudley says

monetary-policy

IMF’s Lipton likes Bank of Japan policy revamp, calls for more ‘arrows’

International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic recovery. Lipton also shrugged off the view that monetary policy was nearing its limit as a means to revive economies across the globe, stressing that central banks must be open to new ideas to help spur growth. “Central banks have to always be ready to…

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IMF’s Lipton likes Bank of Japan policy revamp, calls for more ‘arrows’

monetary-policy

Apple fixes serious security flaw after UAE dissident’s iPhone targeted

By Joseph Menn SAN FRANCISCO (Reuters) – Apple Inc issued a patch on Thursday to fix a dangerous security hole in iPhones and iPads after researchers discovered that a prominent United Arab Emirates dissident's phone had been targeted with a previously unknown method of hacking. The attack on the dissident, Ahmed Mansoor, used a text message that invited

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Apple fixes serious security flaw after UAE dissident’s iPhone targeted

monetary-policy

Tesla wins U.S. antitrust approval to buy SolarCity

Tesla Motors Inc has won U.S. antitrust approval to buy solar panel installer SolarCity Corp , moving closer to its goal of creating a carbon-free energy and transportation company. The Federal Trade Commission said on Thursday that the deal was approved. Tesla said in July after it made its first offer that by acquiring SolarCity the two companies would form a one-stop shop for clean energy, offering consumers solar panels, home battery storage and electric cars under a single brand.

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Tesla wins U.S. antitrust approval to buy SolarCity

monetary-policy

U.S. agency rolls out refinance program for homeowners

The regulator of Fannie Mae and Freddie Mac unveiled on Thursday a program aimed at homeowners who are paying their mortgages on time but whose loan-to-value (LTV) ratios are too high to qualify for traditional refinance …

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U.S. agency rolls out refinance program for homeowners

monetary-policy

As central bankers gather, some at Fed make rate-hike case

As central bankers converge on this mountain resort Thursday for an annual conference on monetary policy, a couple of top Federal Reserve officials took the chance to renew a push for interest-rate hikes, citing improvement in employment and inflation. “The case is strengthening” for a rate hike, Dallas Fed President Robert Kaplan told CNBC, whose open-air studio here overlooks the craggy peaks of the Grand Teton National Park. “And you should conclude from that in the not-too-distant future … …

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As central bankers gather, some at Fed make rate-hike case

monetary-policy

Federal Reserve under growing pressure to reform system, goals

The U.S. Federal Reserve has two guiding goals when designing monetary policy: maximum employment and stable inflation. At this year's flagship economic policy conference, from Aug. 25 to 27, U.S policymakers will confer not only with their counterparts from around the world but also host…

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Federal Reserve under growing pressure to reform system, goals

monetary-policy

U.S. Judge extends VW diesel emissions settlement deadline

A U.S. judge late on Wednesday extended the deadline for Volkswagen AG , U.S. government regulators and owners of nearly 500,000 2.0 liter vehicles to reach a final diesel emissions settlement until June 28. The tentative settlement announced in April includes…

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U.S. Judge extends VW diesel emissions settlement deadline

monetary-policy

Fed keeps interest rates unchanged, signals fewer future hikes

By Jason Lange and Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve kept interest rates unchanged on Wednesday and signaled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years. Only one Fed policymaker had done so when economic forecasts were last issued in March. A sharp slowdown in U.S. hiring in

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Fed keeps interest rates unchanged, signals fewer future hikes

monetary-policy

Fed’s Mester says gradual rate hikes still appropriate after jobs report

The latest disappointing U.S. jobs number has not changed the overall economic picture and gradual rate hikes remain appropriate, Cleveland Federal Reserve President Loretta Mester said on Saturday. The Fed raised rates in December for the first time in nearly a decade. “I still believe that in order to achieve our monetary policy goals, a gradual upward pace

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Fed’s Mester says gradual rate hikes still appropriate after jobs report