Fed lays out scenarios for 2015 bank stress tests

(Reuters) - The U.S. Federal Reserve said on Thursday it would assume wider corporate bond spreads and a higher oil price in the most strenuous scenario it will use in next year's run of its annual check of banks' health.

Fed's Fisher unworried by current low inflation

(Reuters) - Dallas Federal Reserve Bank President Richard Fisher said he is "not uncomfortable" with the current low level of U.S. inflation, and will not vote for or support any policy that drives it above the Fed's long-term 2-percent goal.

Harvard MBA Running Nigeria Fund Says Stocks Too Costly

Uche Orji, the Harvard-trained head of Nigeria’s sovereign wealth fund, said he’s worried about rising stock prices as he prepares to hand over the next tranche of the fund’s $1 billion of holdings to external fund managers.

Fidelity, Vanguard, Pimco Say U.S. Inflation Will Be Contained in 2012

Fidelity Investments, Vanguard Group Inc. and Pacific Investment Management Co., which together oversee $4.53 trillion, say U.S. inflation will be contained this year.