Five years after the financial crisis, regulators will vote Tuesday on the "Volcker Rule,'' one of the most contested elements of the sweeping, post-crisis Wall Street reform act known as Dodd-Frank.
The stage could be set for stronger economic growth next year, as a surging stock market and run-up in home values have helped Americans recoup nearly all the wealth they lost in the recession.
TOKYO (Reuters) - Stocks mostly edged up in Asian trade on Tuesday, while tighter money market conditions in the euro zone helped the euro climb to a five-year peak against the yen and a six-week high against the dollar.
WASHINGTON Dec 9 (Reuters) - Government-run Fannie Mae and Freddie Mac will raise the fees they charge mortgage lenders for guaranteeing new loans in March to encourage private firms to wade back into the housing finance market.
James Bullard, president of the Federal Reserve Bank of St. Louis, opened up the possibility of a small reduction in the Fed's bond-buying program, another sign the central bank may soon shrink its 15-month-old monetary stimulus.