| | Wall Street rises modestly following Yellen speech | | NEW YORK (Reuters) - U.S. stocks rose slightly on Friday, lifted by high-dividend-paying stocks, after Federal Reserve Chair Janet Yellen stayed silent on monetary policy in a much-anticipated speech. |
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| | Yellen to Trump: don't expect a flip-flop on financial reforms | | JACKSON HOLE, Wyo. (Reuters) - Janet Yellen delivered a message to President Donald Trump on Friday, making it clear that if he re-nominates her as Federal Reserve chair she will not turn her back on the raft of U.S. financial reforms that Republicans want to roll back. |
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| | General Motors details Brazil investments | | SAO PAULO (Reuters) - U.S. automaker General Motors Co on Friday announced 1.9 billion reais ($603 million) of investments in its Joinville factory in southern Brazil and 1.2 billion reais of capital spending in its plant on the outskirts of São Paulo. |
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| | Low world inflation dogs central bankers, even as economies grow | | JACKSON HOLE, Wyo. (Reuters) - The world's top central bankers gather in Jackson Hole, their confidence bolstered by a sustained return to economic growth that may eventually allow the European Central Bank and the Bank of Japan to follow the Federal Reserve in winding down their crisis-era policies. |
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| | Stocks rise, U.S. dollar eases on Yellen remarks | | NEW YORK (Reuters) - World stock markets advanced while the U.S. dollar weakened on Friday after Federal Reserve Chair Janet Yellen omitted monetary policy in a much-anticipated speech that left the possibility of a U.S. interest rate hike in December open to interpretation. |
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| | Yellen: Financial rules have made economy stronger, changes should be 'modest' | | JACKSON HOLE, Wyo. (Reuters) - Reforms put in place after the 2007 to 2009 crisis have strengthened the financial system without impeding economic growth and any changes to these rules should remain modest, Federal Reserve Chair Janet Yellen said Friday in her fullest defense yet of the regulations enacted after the Great Recession. |
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Traders dial back rate hike view on Yellen's silence on policy | | (Reuters) - U.S. short-term interest rate futures rose on Friday as traders scaled back expectations that the Federal Reserve will raise interest rates further this year after Fed Chair Janet Yellen skipped mention of monetary policy in a widely anticipated speech. |
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