Fischer: Fed Needs to ‘Adjust’ to Market Reactio

March 13 (Bloomberg) -- Stanley Fischer, the nominee to be Federal Reserve vice chairman, says the central bank has to adjust to market reactions as it removes economic stimulus. He spoke in response to a question today at his nomination hearing before the Senate Banking Committee. (This is an excerpt. Source: Bloomberg)
Baoding Tianwei Says It Has No Money to Pay Debt
03:30 - Another Chinese company is saying that it may not meat its interest payments which are due today. Bloomberg’s Christine Hah reports on “Trending Business.” (Source: Bloomberg)
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