Fed’s Williams says decision not to raise rates was a ‘close call’
WASHINGTON (Reuters) – The Federal Reserve’s decision to hold interest rates steady last week rather than raise them was a close call, San Francisco Fed President John Williams said on Sunday.
A divided Fed pits world’s woes against domestic growth
NASHVILLE, Tenn (Reuters) – Federal Reserve policymakers appeared deeply divided on Saturday over how seriously problems in the world economy will effect the U.S., a fracture that may be difficult for Fed Chair Janet Yellen to mend as she guides the ce…
Fed’s Williams still sees 2015 rate hike after ‘close call’
ARMONK, NY (Reuters) – An interest rate hike will likely be appropriate this year given the U.S. Federal Reserve’s decision last week to stand pat was a “close call,” a top Fed policymaker said on Saturday.
Fed’s Lacker says economy strong enough for higher rates
WASHINGTON (Reuters) – Richmond Federal Reserve President Jeffrey Lacker on Saturday said he dissented at a Fed policy meeting because he thought the economy was now strong enough to warrant higher interest rates.
Global uncertainty changed timing of Fed rate hike: ECB’s Liikanen
HELSINKI (Reuters) – Global economic uncertainties might have impacted the timing of a U.S. interest rate rise but the market continues to expect the Fed to act, European Central Bank council member Erkki Liikanen said on Saturday.
Dividend payers get a break from Fed decision
NEW YORK (Reuters) – The Federal Reserve’s decision not to hike interest rates may have brought renewed volatility and a stock market selloff, but it also carved out breathing room for a couple of sectors: dividend payers and housing stocks.
Mitsubishi Motors preparing U.S. plant closure, job cuts: Nikkei
TOKYO (Reuters) – Japan’s Mitsubishi Motors Corp has started preparing for the closure of its sole U.S. factory after failing to find a buyer for the high-cost auto plant, the Nikkei business daily reported on Saturday.
Starbucks? OK. Lattes? No! Cuba business rules still complex after U.S. changes
(Reuters) – Starbucks Corp can move to Cuba, but it still cannot sell lattes there.
JPMorgan CEO Dimon says Washington gridlock slowed U.S. economy: NBC News
(Reuters) – Washington’s inaction on the debt ceiling crisis, government shutdowns and immigration have slowed America’s economic growth, JPMorgan Chase & Co Chief Executive Jamie Dimon told NBC News’ “Meet the Press” in an interview to be broadcast on Sunday.
Eyes on PMIs for clues after Fed keeps markets guessing
PARIS (Reuters) – Business confidence data from China and the euro zone will offer some pointers this week to where the global economy is going after the U.S. Federal Reserve kept markets guessing about when it will begin raising rates.
