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Russian Central bank says its monetary policy capable of lowering sanctions risk

WASHINGTON (Reuters) - The Russian Central bank's monetary policy is in good shape to absorb risks from possible Western sanctions, its deputy head Kseniya Yudayeva said on Monday. "The monetary and credit policies, liquidity and interest rates management, as well as the floating double-currency corridor are now adjusted in a way allowing (us) to reduce a broad number of risks for financial stability, which can be caused by sanctions and psychological market fluctuations in expectation of sanctions," she told Reuters.

Dealers shifted rate view after Fed meeting: NY Fed poll

By Ann Saphir (Reuters) - Wall Street bond dealers began anticipating an earlier first interest-rate hike from the Federal Reserve after last month's policy meeting, according to the results of a poll by the New York Fed released on Thursday. That was exactly what Fed policymakers had feared would happen after the central bank published fresh forecasts on interest rates that appeared to map out a more aggressive cycle of rate hikes than previously expected, minutes of the meeting released Wednesday showed.

Steady stimulus taper 'likely': Fed minutes

Federal Reserve policy makers expect to continue the steady cutback to its stimulus program, the minutes to their March 18-19 meeting showed Wednesday. The members of the Federal Open Market Committee hedged their commitment on the performance of the economy, but the minutes show that, despite recent economic weakness, they remain on track to wind up the bond-buying program late this year.

South Korea central bank keeps rates steady for eleventh month under new governor

SEOUL (Reuters) - South Korea's central bank, under new Governor Lee Ju-yeol, held interest rates steady on Thursday, as expected, while it evaluated low inflation at home and uncertainties abroad. The Bank of Korea's monetary policy committee held its base rate at 2.50 percent, a media official said without elaborating. Lee will hold his first news conference on policy from 11:20 a.m. (0220 GMT).

At least six months between end of QE and rate rise: Fed's Evans

By Jonathan Spicer WASHINGTON (Reuters) - The Federal Reserve will likely wait at least six months after ending a bond-buying program before raising interest rates, and will only act that quickly "if things really go well," a top U.S. central banker said on Wednesday. "It could be six, it could be 16 months," Chicago Fed President Charles Evans told reporters on the sidelines of a Levy Economics Institute forum.

Canadian dollar rises, traders find reassurance on rates from Fed minutes

The Canadian dollar closed higher Wednesday, adding to a recent string of advances as the release of the minutes of the last Federal Reserve meeting eased concerns about the pace of interest rate hikes and pushed the greenback lower. The loonie gained 0.42 of a cent to 91.98 cents US after running ahead 0.39 of a cent on Tuesday. Two weeks before the Fed's regular meeting March 18-19, the Fed held an unusual and previously unannounced video conference to debate the issue of rates, according to the minutes.

Fed minutes show officials struggling with language to convey future interest-rate levels

WASHINGTON - The Federal Reserve struggled last month over how to convey to investors that it will raise short-term interest rates only slowly once it increases them from record lows. Two weeks before the Fed's regular meeting March 18-19, it held an unusual and previously unannounced videoconference to debate the issue, according to minutes of the meeting released Wednesday.

Bank of Canada to keep rates steady next week; hike in third quarter 2015

By Louise Egan OTTAWA (Reuters) - The Bank of Canada is unlikely to raise interest rates until the third quarter of 2015, possibly later than the U.S. central bank, and will stick to a staunchly neutral stance in its policy statement next week, a Reuters poll of analysts showed on Wednesday. The Canadian central bank may forecast a slightly higher profile for inflation in its quarterly Monetary Policy Report (MPR) on April 16, and it may sound upbeat about the positive effects on Canada of a strengthening U.S. economy.

Fed to hold rates until at least July 2015, says slim majority: Reuters poll

By Deepti Govind (Reuters) - The U.S. Federal Reserve will not raise its key interest rate until at least July next year as it waits for the world's biggest economy to gather pace, according to a slim majority of economists in a Reuters poll. Results of the survey of 69 economists based in the United States, Europe and Canada were similar to those in a poll of 18 primary dealers -- the banks that do business directly with the Fed -- conducted on Friday. <FED/R>

Fed needs collective vision on rates: Kocherlakota

ROCHESTER, Minnesota (Reuters) - The Federal Reserve needs to formulate, and then communicate, a sharper collective vision on what conditions would lead it to raise interest rates from rock-bottom levels, a top Fed official said on Tuesday. Without such a vision, "We face this instability, that two words in a press conference ... can end up moving financial markets," Narayana Kocherlakota, president of the Minneapolis Federal Reserve Bank, told reporters after a speech here.
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