Today: September 27, 2024
Today: September 27, 2024

Latest From Reuters

Economy

Fed hawks, doves, and centrists: Tracking US central bankers' views 

The labels "dove" and "hawk" have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market

Fed hawks, doves, and centrists: Tracking US central bankers' views 
Economy

US current account deficit narrows in third quarter on petroleum exports

The U.S. current account deficit was the smallest in more than two years in the third quarter amid rising petroleum exports, government data showed on Wednesday.

US current account deficit narrows in third quarter on petroleum exports
Economy

Marketmind: Global disinflation cheer as records break

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street is zooming into year-end holidays cracking new records as global disinflation tailwinds lifted bonds and stocks across

Marketmind: Global disinflation cheer as records break
Economy

Japan Nov exports fall 0.2% year/year - MOF

Japan's exports fell 0.2% in November from the same month a year ago, Ministry of Finance (MOF) data showed on Wednesday.

Japan Nov exports fall 0.2% year/year - MOF
Economy

Inflation, not politics or markets, will determine Fed's next move -Goolsbee

Further progress on beating back inflation will be the decisive factor in any Federal Reserve decision next year to reduce interest rates, Chicago Federal Reserve Bank President Austan

Inflation, not politics or markets, will determine Fed's next move -Goolsbee
Economy

Marketmind: New records in sight as BOJ clears decks

A look at the day ahead in U.S. and global markets from Mike Dolan The Bank of Japan deferred any further tightening of its ultra-loose money policy until next year, becoming the last of the G4

Marketmind: New records in sight as BOJ clears decks
Economy

Investors dumped cash and bought stocks in December - BofA

Investors turned more bullish in December, buying stocks and reducing cash holdings on expectations the U.S.

Investors dumped cash and bought stocks in December - BofA
Economy

Fed's Daly: rate cuts may be needed next year to prevent overtightening -WSJ

San Francisco Federal Reserve Bank President Mary Daly said Monday that cuts to the U.S. central bank's benchmark rate are likely be appropriate next year because of an improvement in

Fed's Daly: rate cuts may be needed next year to prevent overtightening -WSJ
Economy

Goodbye, maybe, to the 'great inflation scare': World Bank blog

The sharp rise in inflation that forced global central banks to drive up interest rates at the fastest pace in decades looks poised to continue to subside in coming months, though risks

Goodbye, maybe, to the 'great inflation scare': World Bank blog
Economy

NY Fed finds new workers offered record average wages in November

The average wage employers were willing to offer to workers surged to record levels in November, a report from the Federal Reserve Bank of New York said Monday.

NY Fed finds new workers offered record average wages in November
Economy

BofA sees four rate cuts from Fed next year

BofA Global Research said on Monday that it expects the U.S. Federal Reserve to deliver four 25-basis point (bps) rate cuts next year, starting in March.

BofA sees four rate cuts from Fed next year
Economy

Fed's Mester says next phase is to see how long its policy needs to remain 'restrictive' - FT

Federal Reserve Bank of Cleveland President Loretta Mester said financial markets had got "a little bit ahead" of the central bank on when to expect interest rate cuts, the Financial Times

Fed's Mester says next phase is to see how long its policy needs to remain 'restrictive' - FT
Economy

Marketmind: Markets play 'will they or won't they' on BOJ

A look at the day ahead in European and global markets from Wayne Cole.

Marketmind: Markets play 'will they or won't they' on BOJ
Economy

CBO projects 1.5% U.S. GDP growth in 2024, 4.4% jobless rate

The Congressional Budget Office projects U.S. economic growth to slow to 1.5% in 2024, with the unemployment rate seen rising to 4.4% next year from what it estimates will be a 3.9%

CBO projects 1.5% U.S. GDP growth in 2024, 4.4% jobless rate
Economy

US business activity picks up in December- S&P Global survey

U.S. business activity picked up in December amid rising orders and demand for workers, which could further help to allay fears of a sharp slowdown in economic growth in the

US business activity picks up in December- S&P Global survey
Economy

Traders pare bets on 2024 rate cuts as Fed's Williams says talk is 'premature'

Traders of futures contracts that settle to the Federal Reserve's benchmark rate pared bets on U.S. interest-rate reductions next year as New York Fed President John Williams told CNBC in

Traders pare bets on 2024 rate cuts as Fed's Williams says talk is 'premature'
Economy

Marketmind: Fed's 'buy everything' party roars on

A look at the day ahead in U.S. and global markets by Amanda Cooper It's fair to say that markets have been holding on for the Federal Reserve to finally cave and agree with the extremely

Marketmind: Fed's 'buy everything' party roars on
Economy

Euro zone trade to surplus in October as imports decline

The euro zone turned from trade deficit to surplus in October, non-adjusted data showed on Friday, as imports of energy in particular declined in value from a year earlier.

Euro zone trade to surplus in October as imports decline
Economy

Take Five: A golden 'everything' rally

World markets head into year-end on a "buy everything" high, with the Federal Reserve signalling it will switch to rate cuts in 2024, propelling stocks and gold higher.

Take Five: A golden 'everything' rally
Economy

Fed seen pivoting to interest rate cuts in March, perhaps earlier

The Federal Reserve's signal on Wednesday that its interest rate hiking campaign is over triggered a drop in bond yields and a rash of market bets on U.S. rate cuts next year, marking a

Fed seen pivoting to interest rate cuts in March, perhaps earlier
Economy

US mortgage rates fall below 7% for first time since August

The average interest rate on the most popular U.S. home loan fell this week to below 7% for the first time since August as Treasury market yields dropped sharply after the Federal Reserve

US mortgage rates fall below 7% for first time since August
Economy

US business inventories unexpectedly fall in October

U.S. business inventories unexpectedly fell in October, suggesting that inventory investment could weigh on economic growth this quarter.

US business inventories unexpectedly fall in October
Economy

US import prices post second straight monthly decline in November

U.S. import prices fell for a second straight month in November amid decreases in the costs of energy products and motor vehicles, suggesting that import deflation could help to

US import prices post second straight monthly decline in November
Economy

Marketmind: Matching the Fed's green light

A look at the day ahead in U.S. and global markets from Mike Dolan Judged by the sharp drop in the dollar, European central banks may find it hard to match the dovishness from the Federal Reserve

Marketmind: Matching the Fed's green light
Economy

Hong Kong central bank leaves interest rate unchanged, tracks Fed

The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S.

Hong Kong central bank leaves interest rate unchanged, tracks Fed

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