| CNBC | – |
|
Dallas Fed President Rob Kaplan speaks at noon on the economy and Fed policy, and former Fed Chairman Ben Bernanke will be at the Economic Club of New York at noon.
| Reuters | – |
|
Cleveland Fed President Loretta Mester repeated her position that the U.S. economy is now strong enough to absorb a modest policy tightening.
| CNBC | – |
|
Some lawmakers want legislation to audit the Federal Reserve, but such a move would break down the important “insulation of short-term political dynamics” needed to craft effective monetary policy, Richmond Fed President Jeffrey Lacker said Wednesday.
| Reuters | – |
|
“These external factors are going to keep the market on the edge, in spite of what theFed may or may not indicate.” The minutes of the Fed’s meeting, due at 2:00 p.m. ET (1900 GMT), will give investors clues on the central bank’s reading of the economy.
| CNBC | – |
|
Caron said the Fed could explain in its 2 p.m. EST release that the environment has changed since September, when it surprised markets and held off hiking rates due to concerns about financial markets and overseas conditions.
| Wall Street Journal | – |
|
MANILA—Citing a slow global economic recovery, Chinese President Xi Jinping called on Asia-Pacific leaders to align their development plans and advance a trade pact favored by Beijing. The China-backed pact, called the Free Trade Area of the Asia …
by 