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Top Federal Reserve official resigns as bank deregulation looms

February 11, 2017 by · Leave a Comment 

By Jason Lange and Lisa Lambert WASHINGTON (Reuters) – The Federal Reserve Board's top bank regulator said on Friday he would resign, giving a boost to President Donald Trump's plans to ease reforms put in place after the 2007-09 financial crisis. Daniel Tarullo, a strong regulator who…

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Top Federal Reserve official resigns as bank deregulation looms

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Greece says bailout deal close, but will not accept ‘illogical’ demands

February 11, 2017 by · Leave a Comment 

By Karolina Tagaris ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras said on Saturday he believed the country's drawn-out bailout review would be completed positively but repeated that Athens would not accept “illogical” demands by its lenders. Greece and its international lenders made clear progress on Friday toward bridging differences over its fiscal path in coming years, moving closer to a deal that …

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Greece says bailout deal close, but will not accept ‘illogical’ demands

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‘Significant uncertainty’ about fiscal policy under Trump: Fed’s Fischer

February 11, 2017 by · Leave a Comment 

U.S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under the Trump administration, but the Fed would be strict in meeting targets of creating full employment and getting inflation to 2 percent. Speaking at the Warwick Economics Summit on Saturday, Fischer also said he thought Dodd-Frank financial regulation would not be repealed as a whole, and he hoped capital requirements for banks would not be significantly reduced.

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‘Significant uncertainty’ about fiscal policy under Trump: Fed’s Fischer

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Russia to decide in April-May if global oil deal should be extended: TASS

February 11, 2017 by · Leave a Comment 

MOSCOW (Reuters) – Russia will decided in April or May whether an agreement on global oil output cuts between OPEC and non-OPEC producers, set to end on June 31, should be extended, TASS news agency quoted Russian Energy Minister Alexander Novak as saying on Saturday.

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Russia to decide in April-May if global oil deal should be extended: TASS