Fed official urges financial stability mandate

Federal Reserve Vice Chairman Stanley Fischer on Thursday suggested that banking regulators should seriously consider broadening their goals to include financial stability as policymakers around the world debate strategies for preventing another global crisis.

Fed vice chair nominee Fischer stresses financial stability

SAN FRANCISCO/ NEW YORK (Reuters) - Stanley Fischer, U.S. President Barack Obama's pick for the No. 2 spot at the Federal Reserve, dove in Wednesday to one of the most important debates at the U.S. central bank, as he called for making financial stability an "explicit" policy focus.

Israel 2023 Benchmark Bond Yield Jumps After S&P Rating, Syria

Israeli government bonds fell, lifting the yield on the benchmark 10-year debt the most in almost nine months, after Standard & Poor’s cut the country’s rating and amid reports Israel attacked targets in Syria.