Bullard sees odds of taper rising along with labor-market gains
Federal Reserve Bank of St. Louis President James Bullard, who votes on policy this year, said the odds of tapering bond purchases have risen along with gains in the labor market, and any reduction should be modest to account for low inflation.
Stocks risk a bubble by pushing too high, too fast
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
Canada’s dollar trades at almost 3-year low on Fed taper bets
The Canadian dollar traded at almost a three-year low amid speculation Federal Reserve officials may signal the central bank will slow its monetary stimulus program as soon as next week.
Glass-Steagall fans plan new assault if Volcker Rule deemed weak
Five U.S. agencies will finish the Volcker rule tomorrow after more than three years of Wall Street resistance.
