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Fed officials dampen talk of imminent bond buying cutback
ReutersNEW YORK/FRANKFURT (Reuters) - Two senior Federal Reserve officials on Tuesday played down the chances that the central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening speculation the Fed's ultra-easy...Tags: Career and Workplace, Financial Markets, Mortgages, Ben Bernanke, Employment Opportunities
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Dollar edges down as Fed officials hint at status quo
ReutersTOKYO (Reuters) - The dollar edged down against the yen in early Asian trade on Wednesday, moving away from last week's 4-1/2-year high against the Japanese currency, after comments from two U.S. Federal Reserve regional presidents suggested the central...Tags: Industrial Production, Exports, Giorgio Napolitano, European Central Bank, Morgan Stanley Dean Witter & Company
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Japan exports disappoint, full benefits of weak yen yet to show
ReutersTOKYO (Reuters) - Japan's exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting the challenges confronting the world's third-biggest economy as policymakers try to engineer a sustained revival....Tags: Weather Reports, Japan, Japan Earthquake and Tsunami (2011), Trade Balance, Tokyo (Japan)
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Fed's Bullard recommends euro zone consider QE
ReutersFRANKFURT (Reuters) - A top Federal Reserve official urged the European Central Bank on Tuesday to consider employing a U.S.-style quantitative easing program to counter slowing inflation and recession in the euro zone. The ECB has engaged in bond...Tags: Japan, European Central Bank, Market and Exchange, Federal Reserve, Finance
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Ken Griffin calls Illinois tax incentives cronyism
Tribune staff reporterCitadel founder Kenneth Griffin named and shamed local corporations that have taken tax incentives from the state’s financially strapped government in a Monday evening speech to a prominent Chicago business group. "The last election cycle I called...Tags: Michael Madigan, Chicago Teachers Union, Chicago Tribune, Political Corruption, Illinois Governor
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COLUMN-Bernanke's dangerous optimism: James Saft
Reuters(James Saft is a Reuters columnist. The opinions expressed are his own) By James Saft May 21 (Reuters) - Federal Reserve Chairman Ben Bernanke is an optimist about economic growth in the coming decades, rejecting "depressing" views about a slowdown to...Tags: Technology, Apple iTunes, Ben Bernanke, Stock Market, Federal Reserve
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Carney agrees with King: Bank of England not a "one-man show"
Reuters* BoE head urged Carney not to import BoC forward guidance * Carney says King is right that BoE is a team effort * Says as much to do on financial reform as has been done By Leila Lemghalef MONTREAL, May 21 (Reuters) - The next head of the Bank of...Tags: G20, United Kingdom, Montreal (Canada), Finance, Economy, Business and Finance
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Hampton names Sledge economic development director
TidewaterBizHampton chose Leonard Sledge to lead the city’s economic development department, the city manager announced Tuesday. Sledge, the director of economic development for the College of William and Mary, is a member of the city’s Economic...Tags: Oakland-Alameda County Coliseum, College of William and Mary
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WRAPUP 2-Fed officials dampen talk of imminent bond buying cutback
Reuters(Updates with more market reaction) * New York Fed's Dudley says bond buying could increase or decrease * St. Louis Fed's Bullard says inflation too low to taper bond buying By Jonathan Spicer and Paul Carrel NEW YORK/FRANKFURT, May 21 (Reuters) - Two...Tags: Career and Workplace, Employment Opportunities, Ben Bernanke, Federal Reserve, Economy, Business and Finance
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Awaiting rebound in Europe, Poland stifles growth at home
ReutersWARSAW (Reuters) - Poland has turned its back on policies that once made it Europe's growth leader and is flirting with the recession that it alone among its emerging European Union peers has evaded through years of crisis. It weathered the global...Tags: Career and Workplace, International Organizations, Budgets and Budgeting, Credit and Debt, Finance
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Unclear whether Fed's bond buying has helped economy: Fisher
Reuters(Reuters) - While the Federal Reserve's accommodative policies have boosted stocks and helped the rich, it is unclear whether they are doing enough for the broader U.S. economy, a top central bank official said on Monday. "We've made rich people richer.....Tags: Mortgages, Stock Market, Ben Bernanke, Federal Reserve, Economy, Business and Finance
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INTERVIEW-Nigeria says switching to foreign debt to lower costs
Reuters* Nigeria says to cut domestic debt over 3-5 years * Says foreign borrowing 800 bps cheaper than local debt * Targets Debt/GDP ratio of 17 pct by 2018 (Adds analyst comment, details) By Chijioke Ohuocha LAGOS, May 20 (Reuters) - Nigeria will increase...Tags: Car Safety Tips and Advice, Loans, Credit Ratings, Credit and Debt, Nigeria
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