U.S. pending home sales end slide, hint at stabilization
WASHINGTON (Reuters) - Contracts to purchase previously owned U.S. homes edged up in November, marking the first increase in six months and providing a hopeful sign the sector has begun...
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Yellen set to move closer to confirmation as next Fed chair
WASHINGTON (Reuters) - Janet Yellen will take an important step on Thursday toward becoming the first woman to lead the U.S. Federal Reserve, with the Senate Banking Committee expected to...
Yellen set to move closer to confirmation as next Fed chair
WASHINGTON (Reuters) - Janet Yellen will take an important step on Thursday toward becoming the first woman to lead the U.S. Federal Reserve, with the Senate Banking Committee expected to...
Nobel Prize U.S. winner warns of ‘bubbly’ global home prices
WASHINGTON/STOCKHOLM (Reuters) - One of three American economists who won the 2013 economics Nobel prize on Monday for research into market prices and asset bubbles expressed alarm at the rapid...
Fed following up on report of unusual trading around FOMC statement
WASHINGTON (Reuters) - The U.S. Federal Reserve said on Tuesday it was following up with news organizations over a report of unusual trading around the release of its monetary policy...
Syria could complicate Obama’s decision on next Fed chairman
WASHINGTON (Reuters) - The uphill battle to convince the U.S. Congress to authorize a military strike against Syria could make it harder for President Barack Obama to nominate his former...
Fed to keep buying bonds, but may point to plans to taper
WASHINGTON (Reuters) - The Federal Reserve likely will decide at the end of a policy meeting on Wednesday to continue buying bonds at an $85 billion monthly pace, but it...
Bernanke hearing turns into eulogy over his tenure at Fed
WASHINGTON (Reuters) - With a smile periodically playing across his face, Ben Bernanke almost looked pleased to face questions from members of the House of Representatives on Wednesday, but that...
Fed’s George calls for end to bond-buying in first-half 2014
KANSAS CITY, Missouri (Reuters) - The Federal Reserve should begin to reduce its massive bond-buying program and bring it to a close "sometime in the first half of next year,"...
Fed’s Stein puts focus on September as time to assess QE3
NEW YORK/WHITE SULPHUR SPRINGS, West Virginia (Reuters) - September could be an opportune time for the Federal Reserve to consider scaling back its assets purchase, an influential official of the...