Dollar stores in battle to double down on the poor
(Reuters) – Like millions of Americans, Darnel Ware needs to save money, even if it’s 40 cents on a bag of flour.
Pressure builds within Fed to signal new policy course
JACKSON HOLE Wyo. (Reuters) – Pressure is building within the Federal Reserve for officials to move as early as next month to more clearly acknowledge improvements in the U.S. economy and lay the groundwork for the central bank’s first interest rate hike in nearly a decade.
Deepening rivalries test German luxury car dominance
PARIS/BERLIN (Reuters) – Berlin-based PR executive Herbert Franz should be a soft target for German luxury automakers – his last car was a BMW X3 – but he can’t wait to leave them behind.
Europe fears deflation as Ukraine stays center-stage
ROME (Reuters) – The euro zone’s growing fears of deflation will be stirred again on Friday when preliminary consumer price data for August is issued, with signs the European Central Bank could be looking at bolder steps to help the region’s stagnant e…
Behind Indonesia mining deal, newly minted minister and U.S. mining legend
JAKARTA (Reuters) – As negotiations to resolve an increasingly bitter dispute over Indonesian mining rules teetered on the brink of collapse, the chairman of Freeport-McMoRan Inc James “Jim Bob” Moffett flew to Jakarta for last-ditch talks.
BoJ may ease policy for ‘some time’ to slay deflation: Kuroda
JACKSON HOLE Wyo. (Reuters) – The Bank of Japan may have to pursue its aggressive monetary policy easing for “some time” to fully vanquish deflation, BoJ Governor Haruhiko Kuroda said on Saturday.
BoJ may ease policy for ‘some time’ to slay deflation – Kuroda
JACKSON HOLE Wyo. (Reuters) – The Bank of Japan may have to pursue its aggressive monetary policy easing for “some time” to fully vanquish deflation, BoJ Governor Haruhiko Kuroda said on Saturday.
BoE can resolve financial stability coordination issues: Broadbent
JACKSON HOLE Wyo. (Reuters) – There are potential “coordination issues” between the Bank of England’s (BoE) new financial stability committee and other bank functions, a senior BoE official said on Saturday, adding that these issues can be resolved.
Unemployed take their case to Fed officials at Jackson Hole
JACKSON HOLE Wyo. (Reuters) – Reginald Rounds was among those present at the Federal Reserve’s high-flying monetary conference here, enjoying the chance to button hole two top officials of the U.S. central bank.
Fed in ‘real debate’ on rate hike in early to mid-2015: Lockhart
JACKSON HOLE Wyo. (Reuters) – The U.S. Federal Reserve is focused on an initial interest rate hike between the first quarter and the middle of next year, with possible changes in its main policy statement as soon as next month, Atlanta Fed President De…
