Stronger Case for Fed Rate Rise Increases Volatility in Asia

Stronger Case for Fed Rate Rise Increases Volatility in Asia

Asian currencies look set for a bumpy ride over the next three months after Federal Reserve Chair Janet Yellen said Friday that the case for an
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Fed Chairwoman Janet Yellen Sees Stronger Case for Interest-Rate Increase

JACKSON HOLE, Wyo.—Federal Reserve Chairwoman Janet Yellen signaled growing conviction that the central bank will raise short-term interest rates in the weeks or months ahead.
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Saudi Aramco Says Operating as Normal After Yemeni Attack Report

Saudi Arabia's state-run oil company said all of its oil, gas and refining plants are operating as normal, after Yemeni rebels said they hit facilities with a
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Declining inventories crimp US second-quarter growth, consumer spending …

WASHINGTON U.S. economic growth was slightly more tepid than initially thought in the second quarter as businesses aggressively ran down inventories, offsetting a spurt in consumer spending.
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US Consumer Sentiment Eases Slightly in August

WASHINGTON—A gauge of consumer sentiment posted its third straight monthly decline, a potentially worrying sign for an economy heavily reliant on personal spending for growth.
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