22 August, 2014 by The TZ Newswire Staff Comments Off on The Fed: Yellen says debate over when to hike now center stage
The Fed: Yellen says debate over when to hike now center stage
With the economy mending, the Federal Reserve’s emphasis is “naturally shifting” to the debate over when to raise interest rates, Janet Yellen said Friday.
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22 August, 2014 by The TZ Newswire Staff Comments Off on The Fed: By the numbers — Yellen’s review of the jobs market
The Fed: By the numbers — Yellen’s review of the jobs market
Federal Reserve Chairwoman Janet Yellen laid out at Jackson Hole her review of the jobs market.
22 August, 2014 by The TZ Newswire Staff Comments Off on A love of zoos may keep SeaWorld afloat
A love of zoos may keep SeaWorld afloat
A love for zoos and animal entertainment may help stymie bleeding attendance rates at SeaWorld.
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22 August, 2014 by The TZ Newswire Staff Comments Off on Higher rates not bad for economy: Fed’s Bullard
Higher rates not bad for economy: Fed’s Bullard
St. Louis Fed President James Bullard also tells CNBC he’s sticking with his prediction that the Fed should start hiking interest rates late in the first quarter of 2015.
22 August, 2014 by The TZ Newswire Staff Comments Off on Why Janet Yellen should ignore the Fed’s hawks
Why Janet Yellen should ignore the Fed’s hawks
Minutes of the FOMC’s July meeting released Wednesday revealed some Fed officials “viewed the actual and expected progress toward the Committee’s goals as sufficient to call for a relatively prompt move toward reducing policy accommodation to avoid overshooting the Committee’s unemployment and inflation objectives over the medium term.”
22 August, 2014 by The TZ Newswire Staff Comments Off on Russia keeps pressure on McDonald’s with new sanitary inspections
Russia keeps pressure on McDonald’s with new sanitary inspections
Russian authorities extended their scrutiny of McDonald’s (MCD.N) to several regions on Friday, carrying out inspections at a number of restaurants run by the U.S. The inspections are viewed by many businessmen as retaliation for Western sanctions against Russia because of its support for separatist rebels in eastern Ukraine, and they fear the retribution could spread to other symbols of Western capitalism. A spokeswoman for the country’s food safety agency, Rospotrebnadzor, said the inspections were not related to the standoff.
22 August, 2014 by The TZ Newswire Staff Comments Off on Janet Yellen’s J-Hole Speech: Slack Remains, QE Is Over, Rates Could Rise Sooner (Or Later)
Janet Yellen’s J-Hole Speech: Slack Remains, QE Is Over, Rates Could Rise Sooner (Or Later)
Simply put, as Citi noted, unless Fed head Janet Yellen goes full-dovish, risk assets face tremendous downside potential. As ConvergEx’s Nick Colas notes, Yellen receives a “B” grade from financial professionals, fewer than half (49%) of those surveyed approve of the job the Federal Reserve is doing. A clear majority (59%) of respondents describe the Fed as being “behind the curve” with respect to interest rates.