As Fed Sets to Unwind, How Far Should It Go?
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The Federal Reserve is set to announce it will start passively shrinking its massive portfolio of bondholdings. But the central bank has left one piece of its plan undecided: the target size of the portfolio.
Markets Brace for Fed's Balance Sheet Decision
Investors have their sights on the Federal Reserve this week, which is poised to lay out a plan to start trimming its $4.5 trillion balance sheet.
Mattis Hints at Military Options for North Korea
The U.S. has military options available for North Korea that won't put South Korea at grave risk of counterattack, Defense Secretary Jim Mattis said Monday, but he refused to spell out what those are.
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Trump's Trade Czar Calls China a Major Threat to Trade
President Donald Trump's trade chief said China represents an "unprecedented" threat to the world trading system, saying its state-driven economy poses a "substantially more difficult" challenge than in the past.
U.S. Officials Promise Revamped Derivatives Rules
Postcrisis derivatives rules should be revised to reflect how markets are functioning nearly a decade after the financial meltdown, senior Trump administration and regulatory officials told an industry gathering.
Bitcoin's Wild Ride Shows The Truth
Behind every bubble is a good idea bursting to get out, and Bitcoin kind of looks like a good idea, at least if you squint a bit.
Bank of Canada to Watch Impact of Higher Rates, Stronger Currency
After raising its benchmark interest rate twice in recent months, the Bank of Canada will gauge how the economy responds to steeper borrowing costs and a stronger Canadian dollar when crafting future rate decisions, a senior central bank official said Monday.
CFPB Fines Two Groups Over Private Student Loans
The Consumer Financial Protection Bureau said it has fined a large holder of private student loans and its debt collector, alleging they sought to go after debts based on false or misleading legal documents.
Flush With Cash: EUR500 Bank Notes Sent Down the Drain
Swiss prosecutors are trying to figure out why two women flushed roughly EUR100,000 in cut-up EUR500 bank notes down a toilet at a UBS branch as well as in toilets at three neighboring restaurants.
BOE's Carney Says Brexit Could Lead to Persistently Higher U.K. Inflation
The U.K. faces a prolonged spell of inflationary pressure as it reorients its economy toward new markets and away from the European Union, Bank of England Gov. Mark Carney said.
(END) Dow Jones Newswires
September 18, 2017 21:15 ET (01:15 GMT)