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Janet Yellen said Thursday that the Federal Reserve had no plans to move toward negative interest rates, following the Swedish central bank's rate cut deep into negative territory. "I was surprised it was possible to move rates as negative as some countries have done," she said in a Senate hearing.
By Doina Chiacu WASHINGTON (Reuters) - Democratic presidential candidate Hillary Clinton was endorsed by the Congressional Black Caucus on Thursday, a much-needed boost to her campaign as it competes for the important black voting bloc in South Carolina's primary this month. Clinton and her husband, former President Bill Clinton, have built strong ties to the African-American community over the past decades. Several lawmakers cited Clinton's long history of not only working on issues important to black Americans, but on getting Democrats elected and advancing the party's agenda.