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Euro holds line at $1.19 as investment prospects brighten

The German Central Bank (Bundesbank) presents the 50 euro banknote at its headquarters in Frankfurt, Germany, March 16, 2017. REUTERS/Kai Pfaffenbach LONDON (Reuters) – The euro edged higher for a third consecutive day on Friday as investment flows propped up ... More »

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Mortgage investors unfazed as Fed balance sheet plan looms

FILE PHOTO: Flags fly over the Federal Reserve Headquarters on a windy day in Washington, U.S., May 26, 2017. The Federal Reserve’s plan for shrinking its massive balance sheet envisions a future with no holdings of mortgage bonds, a prospect that could presen... More »

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Trump and Yellen may not be an odd couple after all

FILE PHOTO: Federal Reserve Chair Janet Yellen speaks during a news conference after a two day Federal Open Market Committee (FOMC) meeting in Washington, U.S., March 15, 2017. REUTERS/Yuri Gripas/File Photo At first glance, U.S. President Donald Trump and Fed... More »

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At the Fed, spring comes early with return to new `normal`

FILE PHOTO – A police officer keeps watch in front of the U.S. Federal Reserve in Washington, DC, U.S. on October 12, 2016. REUTERS/Kevin Lamarque/File Photo U.S. household wealth has hit record levels. U.S. stock prices recently hit all-time highs. Inflation ... More »

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BlackRock hires former UK finance minister Osborne as adviser

The BlackRock sign is pictured in the Manhattan borough of New York, in this October 11, 2015 file photo. REUTERS/Eduardo Munoz/Files Former British finance minister George Osborne, who lost his job after Britain’s vote to leave the European Union, will join B... More »

U.S. government, MetLife set for rematch over `too big to fail`

The MetLife building is seen in New York, March 8, 2010. REUTERS/Shannon Stapleton/File Photo The U.S. government and the country’s largest life insurer are set for a rematch in a U.S. appeals court on Monday over how federal regulators decide a company is “to... More »

Bond selloff a wild card that could delay Fed rate hike

NEW YORK The sharp bond market selloff is starting to pinch American consumers and companies, causing a mild economic tightening that, if sustained, could raise alarms at the Federal Reserve and even delay a plan to hike interest rates in coming months. U.S. m... More »