Dennis Lockhart News
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Federal Reserve Bank of Atlanta President Dennis Lockhart rebutted critics of the central bank who say its policies are monetizing the national debt or encouraging more deficit spending.
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Federal Reserve Bank of Atlanta President Dennis Lockhart rebutted critics of the central bank who say its policies are monetizing the national debt or encouraging more deficit spending.
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Luxembourg will begin the automatic exchange of tax data in 2015, easing its bank-secrecy rules as part of efforts to fight the financial crisis.
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Stocks jumped, sending the Standard & Poor’s 500 Index to a record, as China’s imports grew, Japan reiterated its stimulus plans and investors speculated earnings will beat estimates. Treasuries fell after minutes showed the Federal Reserve debated the end of its bond purchases.
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Federal Reserve Bank of Atlanta President Dennis Lockhart said he sees a risk regulators would need to provide a taxpayer bailout when winding down a failing financial institution.
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Federal Reserve Bank of Atlanta President Dennis Lockhart said it’s too early for the central bank to consider reducing its pace of bond purchases following a weakening in the labor market last month.
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Several Federal Reserve officials said the central bank should begin tapering its quantitative easing program later this year and stop it by year end, minutes of their March meeting showed.
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Several Federal Reserve officials said the central bank should begin tapering its quantitative easing program later this year and stop it by year end, minutes of their March meeting showed.
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Treasuries investors’ expectations for U.S. inflation were near a three-month low, supporting the Federal Reserve’s decision last month to continue its asset- purchase program to stimulate growth.
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Two Federal Reserve officials said they need to see stronger job growth before backing a slower pace of bond purchases as they sought to clarify improvements they want in the labor market.
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