Edition:
United States

Ann Saphir

WRAPUP 2-Multiplying risks, including shutdown, bolster Fed call for 'patience'

Jan 15 2019

PLANO, Texas/SAN FRANCISCO, Jan 15 Multiplying risks to the U.S. recovery, including now a self-imposed government shutdown, have broadened calls among even hawkish Federal Reserve officials to be patient before raising interest rates again.

If U.S. again risks default, Fed has 'loathsome' playbook

Jan 11 2019

SAN FRANCISCO Should political deadlock in Washington again bring the world's biggest economy to the brink of a debt default, the U.S. central bank has a playbook that includes options one policymaker once labelled "loathsome," but, perhaps, necessary.

Powell sought fast end in 2013 to Fed's bond-buying program

Jan 11 2019

Federal Reserve Chairman Jerome Powell, in his early days on the U.S. central bank's board of governors, argued frequently and forcefully for an end to the bond purchases undertaken to support the recovery from the financial crisis, transcripts of policy meetings from 2013 released on Friday showed.

If U.S. again risks default, Fed has 'loathsome' playbook

Jan 11 2019

SAN FRANCISCO Should political deadlock in Washington again bring the world's biggest economy to the brink of a debt default, the U.S. central bank has a playbook that includes options one policymaker once labeled "loathsome," but, perhaps, necessary.

If U.S. again risks default, Fed has 'loathsome' playbook

Jan 11 2019

SAN FRANCISCO, Jan 11 Should political deadlock in Washington again bring the world's biggest economy to the brink of a debt default, the U.S. central bank has a playbook that includes options one policymaker once labeled "loathsome," but, perhaps, necessary.

Fed at 'end of road' on rate hikes, Bullard says

Jan 10 2019

With U.S. growth likely to slow this year, the U.S. Federal Reserve has come to the "end of the road" on its current interest-rate hike cycle, St. Louis Federal Reserve Bank President James Bullard said on Thursday.

Fed at 'end of road' on rate hikes, Bullard says

Jan 10 2019

With U.S. growth likely to slow this year, the U.S. Federal Reserve has come to the "end of the road" on its current interest-rate hike cycle, St. Louis Federal Reserve Bank President James Bullard said on Thursday.

Fed may be open to changes to balance sheet plan, minutes show

Jan 09 2019

SAN FRANCISCO Federal Reserve policymakers have indicated they may be open to tweaking a longstanding plan to shrink the central bank's balance sheet, including by shedding housing-backed bonds earlier than anticipated or keeping a bigger-than-expected portfolio of assets.

More U.S. regions see job openings outnumbering jobless

Jan 08 2019

WASHINGTON/SAN FRANCISCO Job openings are outnumbering unemployed workers across increasingly wide swaths of the United States, forcing businesses to rethink how they find workers, which could keep pressure on the Federal Reserve to raise interest rates despite a global economic slowdown.

GRAPHIC-More U.S. regions see job openings outnumbering jobless

Jan 08 2019

WASHINGTON/SAN FRANCISCO, Jan 8 Job openings are outnumbering unemployed workers across increasingly wide swaths of the United States, forcing businesses to rethink how they find workers, which could keep pressure on the Federal Reserve to raise interest rates despite a global economic slowdown.

World News

Search on for Brexit consensus after May's crushing defeat

Prime Minister Theresa May on Wednesday will try to forge consensus in parliament on a Brexit divorce agreement after the crushing defeat of her own deal left Britain's exit from the European Union in disarray 10 weeks before it is due to leave.