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What Donald Trump's Shortlist For The Fed Chair Might Mean For Rates
Friday, October 27, 2017 - 11:07am | 604President Donald Trump has reportedly narrowed his decision for Federal Reserve chair down to three people: current chair Janet Yellen, Stanford University economist John Taylor or former investment banker Jay Powell. The Washington Post reported three Washington insiders have said Powell and...
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John Taylor For Fed Chair Supports The Dollar via OANDA
Tuesday, October 17, 2017 - 11:33am | 1285Tuesday October 17: Five things the markets are talking about The ‘mighty' U.S dollar has found some tentative support as investor speculation climbs on the back of the next Fed head being more ‘hawkish.' John Taylor, a candidate for Fed chair is known for a policy rule that...
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Trump Warming Up To Yellen? Economists See High Odds Of Her Renomination
Thursday, June 15, 2017 - 11:11am | 648As the din on the fourth interest rate hike in the current normalization cycle settles down, the focus shifts to whether the Federal Reserve will have a change of guard at the helm when the incumbent Janet Yellen completes her term on February 3, 2018. Keen On Serving Out The Full Term At the...
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Federal Court Blocks FAA Rule Requiring Hobbyists To Register Drones
Monday, May 22, 2017 - 8:15am | 496Hobbyists had a message for the Federal Aviation Administration: Leave my drone alone. The U.S. Circuit Court of Appeals in Washington, D.C., agreed, ruling on Friday that the FAA’s drone registration rule violates the agency’s own guidelines under the FAA Modernization and Reform Act,...
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Bernanke to Step Down at End of Term in 2014, Bankers Need Not Apply
Tuesday, October 23, 2012 - 11:43am | 765Federal Reserve Chairman Ben Bernanke, who has held that role since taking over for Allan Greenspan in 2006, looks set to step down in January 2014 at the end of his existing term. Bernanke has indicated to close friends that even if he were nominated, he would turn the job down and return to...
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FX Concepts' John Taylor: The Euro Should Be At Parity With Dollar
Friday, December 16, 2011 - 12:07pm | 866John Taylor, founder of the world's largest currency hedge fund FX Concepts LLC, spoke to Bloomberg TV's Lisa Murphy. Taylor talked about what currencies his fund is currently investing in and gave his thoughts on the euro and USD. The highlights can be found below, courtesy of Bloomberg Television...
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Republican Economist John Taylor Wants to Relive Reagan's Glory Days
Monday, July 25, 2011 - 7:26am | 1129I would love to live in the alternate universe that Stanford Professor John Taylor lives in. According to his editorial/column/wishful-thinking-exercise in the Wall Street Journal, the American economy would be gangbusters if the political class would cut taxes and regulations and let the free...
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Just How Likely Is A U.S. Downgrade?
Thursday, July 21, 2011 - 11:41am | 769This morning, S&P again reiterated its call for a U.S. debt downgrade sometime in the next three months. The New York-based ratings agency said that there is a 50% chance it will lower the U.S. credit rating from Aaa, where it has been for 70 years. This comes as worries persist that Congress...
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John Taylor Says Euro Is Going To 1
Monday, June 20, 2011 - 12:22pm | 75John Taylor, of FX Concepts was just on CNBC, and was asked where he sees the euro going. Taylor said that his target for the Euro is still 1, or parity with the U.S. dollar. He said that he is surprised that the Euro is trading around the 1.40 level. Taylor is the Chairman, CEO and founder of...
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Economists Believe Fed Must Abandon Stimulus
Monday, November 15, 2010 - 11:52am | 132The Wall Street Journal reported on Monday that a group of Republican-leaning economists will launch a campaign this week calling on the Federal Reserve to abandon its plan to buy $600 billion in Treasury bonds. The Fed's latest policy to revive the economy has come under heavy criticism from...
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FX Concept's John Taylor Says Euro Going To $1.20 On Bloomberg TV
Wednesday, March 24, 2010 - 7:59pm | 536John Taylor, Chairman of currency hedge fund FX Concepts, appeared on Bloomberg Television this morning and said that he believes the Euro will drop to $1.20 by August. Here are some of the highlights of the conversation. On the Euro: "There is nothing really good happening with the euro at all....