Today: November 10, 2024
Today: November 10, 2024

Federal Reserve

Economy|Finance|News|US

Which way to look first?

U.S. Federal Reserve and Bank of Japan meetings, a G7 gathering, plus key U.S. inflation and UK jobs data are all coming up in the week ahead - and that's not all.

Which way to look first?
News|US

Fed's Bowman: need steady policy rate 'for some time' to beat inflation

U.S.

Fed's Bowman: need steady policy rate 'for some time' to beat inflation
Business|Economy|Finance|Stock Markets

Traders question case for rapid ECB rate cuts

Traders scaled back bets that the

Traders question case for rapid ECB rate cuts
Business|Economy|News|US

"Eye-popping" May US payrolls jump may set back Fed ease

U.S. job growth accelerated far more than expected in May, keeping the Federal Reserve on track to hold off starting to cut interest rates.

"Eye-popping" May US payrolls jump may set back Fed ease
Economy|Finance|Stock Markets|US

US bond funds gain robust weekly inflow as yields ease

U.S. bond funds secured the largest weekly inflow in four weeks in the seven days to June 5, driven by a rally in treasury bond prices after softer economic data bolstered expectations of

US bond funds gain robust weekly inflow as yields ease
Economy|Finance|US

Fed seen waiting to cut rates as job growth picks up

A U.S. job market scorecard that exceeded all forecasts has undercut confidence over when, or even if, the Federal Reserve will begin easing policy this year, putting the

Fed seen waiting to cut rates as job growth picks up
Business|Economy|News|US

US job gains surge past expectations, wage growth quickens

The U.S. economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience of the labor market and reducing the

US job gains surge past expectations, wage growth quickens
Business|Economy|Finance|US

US dollar advances after hawkish Fed comment, economic data

The U.S. dollar rose on Tuesday, bolstered by hawkish comments from Federal Reserve officials as well as data showing a stable housing market in the

US dollar advances after hawkish Fed comment, economic data
Economy|Finance|US

Oil prices dip as investors fret over demand outlook

Crude oil prices fell 1% on Tuesday as weak U.S. consumer confidence data fed worries about the economic outlook and fuel demand after a slow start to the U.S.

Oil prices dip as investors fret over demand outlook
Economy|News|US

Yellen announces efforts to boost the housing supply as high prices create a crunch

The Biden administration announced new steps to increase access to affordable housing

Yellen announces efforts to boost the housing supply as high prices create a crunch
Business|Economy|Finance|US

US productivity growth slowed in early 2024

U.S. worker productivity grew slightly less than previously estimated in the first quarter but exceeded market expectations, and unit labor costs rose by less than first thought, data from

US productivity growth slowed in early 2024
Business|Economy|Finance|US

Dollar flat ahead of US jobs report, euro digests ECB cut

The dollar traded sideways on Thursday ahead of Friday's U.S. employment data that could help the Federal Reserve set a

Dollar flat ahead of US jobs report, euro digests ECB cut
Business|Economy|Finance|Stock Markets|US

S&P 500, Nasdaq close at record highs as data supports Fed easing

The S&P 500 and Nasdaq indexes hit record closing highs on Wednesday, powered mainly by technology stocks as markets digested economic data that could support a

S&P 500, Nasdaq close at record highs as data supports Fed easing
Uncategorized

NY Fed official tells bond market to get ready for central clearing

By Michael S.

NY Fed official tells bond market to get ready for central clearing
Business|Economy|Finance|US

Oil rises 1% as Fed rate cut optimism offsets demand fears

Oil prices climbed 1% on Wednesday, rebounding from four-month lows, as hopes of an interest rate cut by the U.S.

Oil rises 1% as Fed rate cut optimism offsets demand fears
Business|Economy|Finance|Stock Markets|US

US equity funds witness outflows for second successive week

U.S. investors shed equity funds for a second successive week in the seven days to June 19, exercising caution as they evaluated the Federal Reserve's hawkish signals and ongoing political

US equity funds witness outflows for second successive week
Business|Economy|Finance|Stock Markets

Global equity funds see outflows for second week in a row

Global equity funds faced outflows for the second straight week in the week ending June 19, with investors cashing in on a share rally amid concerns that the Fed might cut rates only once

Global equity funds see outflows for second week in a row
Business|Finance|Stock Markets|US

Stock market today: Wall Street coasts to the close of another winning week as Nvidia cools again

U.S. stocks coasted to the close of their latest winning week, as Nvidia’s stock continued to cool from its startling, supernova run

Stock market today: Wall Street coasts to the close of another winning week as Nvidia cools again
Business|Economy|Europe|Finance

Rate cut wagers fire up (again)

A look at the day ahead in European and global markets from Ankur Banerjee: A softening labour market and a cooling economy have traders perking up with expectations of a September rate cut from the

Rate cut wagers fire up (again)
US

Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll

The U.S.

Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll
Business|Finance|US

US regulators reject Citi's 'living will' resolution plan, FT reports

U.S. banking regulators rejected Citigroup's so-called "living will", which is a detailed plan to wind itself down in the event of catastrophic failure, The Financial Times reported on

US regulators reject Citi's 'living will' resolution plan, FT reports
Business|Economy|Finance|US

Wall Street stocks end slightly higher as weak jobs data supports rate cut

U.S. stocks ended a shade higher on Tuesday following softer-than-expected labor market data that reaffirmed expectations of an interest rate cut by the Federal

Wall Street stocks end slightly higher as weak jobs data supports rate cut
Business|Economy|Finance

Average long-term US mortgage rate falls again, easing to lowest level since early April

Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since early April

Average long-term US mortgage rate falls again, easing to lowest level since early April
Business|Economy|News|US

US job openings drop in April, as labor market normalizes

U.S. job openings fell more than expected in April, pushing the number of available jobs per job-seeker to its lowest in nearly three years as labor market conditions soften

US job openings drop in April, as labor market normalizes
Business|Economy|News

US labor market, housing data point to slowing economy

First-time applications for U.S. unemployment benefits fell moderately last week, while new housing construction dropped to the lowest

US labor market, housing data point to slowing economy
Economy|Finance|US

US dollar sinks to three-week low on signs of slowing economy

The dollar fell to a three-week low on Monday after data showed the U.S. economy is gradually slowing down with weaker-than-expected readings on

US dollar sinks to three-week low on signs of slowing economy
Economy|Finance|US

Fed's Musalem signals wary approach to cutting rates in debut speech

The U.S. central bank should only start to cut interest rates after "months, and more likely quarters" of falling inflation, moderating demand and expanding supply, St.

Fed's Musalem signals wary approach to cutting rates in debut speech
Business|Economy|Finance|News

US inflation up moderately in April, consumer spending weakens

U.S. inflation tracked sideways in April and consumer spending weakened, mixed signals for the Federal Reserve that provided little clarity on whether the U.S. central

US inflation up moderately in April, consumer spending weakens
Business|Economy|Finance|US

Dollar set for first monthly drop after US inflation readout

The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, offering

Dollar set for first monthly drop after US inflation readout
Business|Economy|Finance|US

Price cuts, weaker spending could bolster Fed's faith in inflation outlook

Price cuts by major U.S. retailers and new data showing a slowdown in consumer spending may boost the Federal Reserve's confidence in falling inflation and

Price cuts, weaker spending could bolster Fed's faith in inflation outlook
Economy|Finance|News|US

Fed seen more likely to cut rates in Sept after PCE data

The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S.

Fed seen more likely to cut rates in Sept after PCE data
Economy|Europe|Finance|Stock Markets|US

European shares rise after US inflation data keeps Fed rate cut hopes alive

European shares rose on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal Reserve, while June rate cut bets

European shares rise after US inflation data keeps Fed rate cut hopes alive
Business|Economy|Finance|Stock Markets|US

PCE test for nervy markets

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks set to end the shortened week slightly punch drunk, with Friday's May inflation update set to be a decider after a

PCE test for nervy markets
Business|Economy|Finance|News|US

April PCE inflation not too hot, or cool

U.S. inflation tracked sideways in April, a worrying sign for the U.S. central bank that suggests the elevated pace of price increases could last longer than expected and casts doubt on

April PCE inflation not too hot, or cool
Economy|Finance|Stock Markets|US

US equity funds hit by outflows on rising yields, rates uncertainty

U.S. equity funds saw outflows for the first time four weeks in the seven days ended May 29, hit by rising bond yields and uncertainty over the timing and extent of Federal Reserve

US equity funds hit by outflows on rising yields, rates uncertainty
Uncategorized

Fed officials see inflation falling, signal no rush to cut rates

By Ann Saphir and Michael S.

Fed officials see inflation falling, signal no rush to cut rates
Business|Economy|Finance|News|US

Fed's Logan: inflation heading to 2%, too soon to cut rates

Dallas Federal Reserve Bank President Lorie Logan said on Thursday she believes inflation is still heading to the Fed's 2% target, although she can imagine "other paths" that

Fed's Logan: inflation heading to 2%, too soon to cut rates
Business|Economy|Finance|Stock Markets|US

'Bothersome' rebound in US yields casts shadow on stocks at record highs

Treasury yields are on the rise again, presenting a potential obstacle to a U.S. stock rally that has taken major indexes to record highs.

'Bothersome' rebound in US yields casts shadow on stocks at record highs
News|US

Fed's Goolsbee says inflation could still fall without rising unemployment

U.S.

Fed's Goolsbee says inflation could still fall without rising unemployment
Economy|Finance|News|US

Consumers curb US economic growth in first quarter, inflation cools

The U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending and a key measure of inflation ticked down

Consumers curb US economic growth in first quarter, inflation cools
Economy|Finance|News|US

US firms grow more pessimistic on economic outlook, Fed survey shows

U.S. economic activity continued to expand from early April through mid-May but firms grew more downbeat about the future amid weakening consumer demand while inflation

US firms grow more pessimistic on economic outlook, Fed survey shows
Business|Economy|News|US

US weekly jobless claims edge up in latest week

The number of Americans filing new claims for unemployment benefits ticked higher last week, but underlying strength in the labor market still shows signs of persisting and should continue

US weekly jobless claims edge up in latest week
Business|Economy|Finance|News|Stock Markets|US|World

Stock market today: Wall Street hangs around its records after European stocks slump

U.S. stocks hung around their record levels as Wall Street remained relatively quiet following another slide in Europe

Stock market today: Wall Street hangs around its records after European stocks slump
Economy|Finance|News|US

Mortgage rates ease for second straight week, leaving average rate on a 30-year home loan at 6.95%

Mortgage rates eased again this week, though the latest pullback leaves the average rate on a 30-year home loan at close to 7%, where it’s been much of this year

Mortgage rates ease for second straight week, leaving average rate on a 30-year home loan at 6.95%
Business|Economy|Finance|US

The number of Americans filing for jobless benefits jumps to the highest level in 10 months

The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, a sign that the labor market is likely cooling under the weight of high interest rates

The number of Americans filing for jobless benefits jumps to the highest level in 10 months
Economy|Finance|US

US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling

Wholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates

US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling
Business|Economy|Finance|US

Gold rises on softer dollar as focus shifts to US inflation data

Gold prices gained on Tuesday, helped by a weaker dollar as investors look forward to U.S. inflation data due later this week for more clarity on interest rate cut timings

Gold rises on softer dollar as focus shifts to US inflation data
Economy|Finance|US

Dollar rebounds as yields rise, consumer confidence improves

The dollar gained on Tuesday, giving back earlier losses, as benchmark U.S. Treasury yields hit a four-week high following some weak auctions.

Dollar rebounds as yields rise, consumer confidence improves
Business|Economy|Finance|News|Stock Markets|US

Fed in a bind as consumers stay upbeat

A look at the day ahead in U.S. and global markets from Mike Dolan World markets wobbled on Tuesday, with benchmark bond yields and volatility gauges jumping to their highest in almost four weeks, as

Fed in a bind as consumers stay upbeat
Business|Finance|Stock Markets|US

Wall St drops as rate worries push bond yields higher

Wall Street opened lower on Wednesday, with investors turning risk averse as concerns around the timing and scale of the Federal Reserve's interest rate cuts pushed Treasury yields higher

Wall St drops as rate worries push bond yields higher
Business|Economy|Finance

Inflation is cooling, but not fast enough for the Fed: Policymakers now expect only one rate cut in 2024

The Federal Reserve is being characteristically cautious.

Inflation is cooling, but not fast enough for the Fed: Policymakers now expect only one rate cut in 2024
Business|Economy|Finance|News|US

Fed's Bowman: Would have backed waiting to taper balance sheet run-off

Federal Reserve Governor Michelle Bowman on Tuesday said she would have supported either waiting to start slowing the run-off in the U.S. central bank's balance sheet or a more moderate

Fed's Bowman: Would have backed waiting to taper balance sheet run-off
Business|Economy|Finance

Fed's Mester: Fed statements would benefit from some added length

Federal Reserve policy statements would benefit from somewhat lengthier passages than currently employed to describe assessments of economic developments, how that influences the central

Fed's Mester: Fed statements would benefit from some added length
Economy|Finance|US

Fed's Kashkari wants significant progress on inflation before rate cuts

Minneapolis Federal Reserve Bank President Neel Kashkari said in an interview with CNBC broadcast on Tuesday that the U.S. central bank should wait for significant progress on inflation

Fed's Kashkari wants significant progress on inflation before rate cuts
Business|Finance|Stock Markets|US

Post-break Wall Street stays pumped up

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks set for a sleepy but positive start to a shortened week after Monday's Memorial Day break, with the consumer back

Post-break Wall Street stays pumped up
Economy|Finance|News|US

US inflation cooled in May in a sign that price pressures may be easing

Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed

US inflation cooled in May in a sign that price pressures may be easing
Economy|Finance|News

Federal Reserve sees some progress on inflation but envisions just one rate cut this year

Federal Reserve officials said inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year

Federal Reserve sees some progress on inflation but envisions just one rate cut this year
Finance|News|Stock Markets|US

Stocks rebound to close higher but Dow down for the week

U.S. stocks rebounded on Friday from sharp losses the day before on news of an improving consumer outlook on inflation, sending the Nasdaq to a fifth straight

Stocks rebound to close higher but Dow down for the week
Asia|Business|Economy|Finance

Stock market today: Asian shares are mostly lower ahead of Fed decision on interest rates

Shares are mostly lower in Asia ahead of a decision by the Federal Reserve on interest rates

Stock market today: Asian shares are mostly lower ahead of Fed decision on interest rates
Economy|Finance|News|Stock Markets|US

Inflation data, presidential debate could sink summer rally

The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and an early presidential debate that have the potential

Inflation data, presidential debate could sink summer rally
Business|Economy|Finance|US

Central bankers should acknowledge blind spots in a less certain world, Fed's Mester says

In nearly 40 years working for and helping lead the Federal Reserve, Cleveland Fed President Loretta Mester was part of a revolution that saw the

Central bankers should acknowledge blind spots in a less certain world, Fed's Mester says
Uncategorized

Fed's Waller ponders future path of underlying interest rates

By Michael S.

Fed's Waller ponders future path of underlying interest rates
Asia|Business|Economy|Finance|News|Stock Markets|US

Stock market today: Asian stocks are mixed ahead of this week's Fed meeting

Asian stocks are mixed ahead of a busy week with several top-tier reports on U.S. inflation due along with a policy meeting of the Federal Reserve

Stock market today: Asian stocks are mixed ahead of this week's Fed meeting
Economy|Finance|News|US

Fed's Bostic says U.S. not past 'worry point' for inflation

The Federal Reserve may need to wait longer to cut interest rates because even with April's slightly cooler inflation reading there is continued upward pressure on prices, Atlanta Fed

Fed's Bostic says U.S. not past 'worry point' for inflation
Business|Economy|Finance|Stock Markets|Technology|US

Stocks fall despite Nvidia boost as inflation concerns weigh

U.S. stocks ended lower on Thursday, even as a strong revenue forecast for Nvidia fueled a surge in its shares, but that was overshadowed by economic data

Stocks fall despite Nvidia boost as inflation concerns weigh
Business|Economy|Finance|News|US

US weekly jobless claims fall further as labor market remains strong

The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor market that should continue to

US weekly jobless claims fall further as labor market remains strong
Economy|Finance|News

Stock market today: Stocks slip and bond yields jump following a hotter-than-expected jobs report

Stocks slipped and Treasury yields rose sharply after the government released a jobs report whose headline numbers came in hotter than expected

Stock market today: Stocks slip and bond yields jump following a hotter-than-expected jobs report
Business|Economy|Finance|US

Oil slips for a third straight day on prospect of US rates staying high

Oil prices fell more than 1% on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about oil demand when they indicated interest rate

Oil slips for a third straight day on prospect of US rates staying high
Business|Economy|Finance|News|US

Amid doubts, Fed officials kept disinflation faith at last meeting

Federal Reserve officials at their last policy meeting said they still had faith that price pressures would ease at least slowly in coming months, but doubts emerged

Amid doubts, Fed officials kept disinflation faith at last meeting
Business|Finance|Stock Markets|Technology|US

Stocks fall after Fed minutes; Nvidia shares climb after the bell

U.S. stocks fell on Wednesday as investors digested minutes of the Federal Reserve's most recent meeting but Nvidia's shares rose about 6% after the close on

Stocks fall after Fed minutes; Nvidia shares climb after the bell
Economy|Finance|US

US Biden administration says it supports an independent Fed

The Biden administration asserted its support for an independent Federal Reserve on Wednesday, after a report surfaced last month that Republican presidential candidate

US Biden administration says it supports an independent Fed
Business|Economy|Finance|US

Goldman Sachs CEO says Fed unlikely to cut rates this year

Goldman Sachs CEO David Solomon said on Wednesday he does not expect the Federal Reserve to cut interest rates this year.

Goldman Sachs CEO says Fed unlikely to cut rates this year
Uncategorized

Not all Fed officials favored tapering of balance sheet contraction process

By Michael S.

Not all Fed officials favored tapering of balance sheet contraction process
Business|Economy|Finance|News|US

Fed shifts talk to 'scenarios' as policy grows less certain

Federal Reserve Chair Jerome Powell said in a May 1 press conference he didn't want to talk about economic "hypotheticals," but that's what he and other U.S.

Fed shifts talk to 'scenarios' as policy grows less certain
Business|Finance|News|Stock Markets|US

S&P 500 to end 2024 around current levels after strong run: Reuters poll

The Standard & Poor's 500 will end the year near current levels, but strong stock market gains so far in 2024 have some strategists saying the index is at

S&P 500 to end 2024 around current levels after strong run: Reuters poll
Business|Economy|Europe|Finance|Stock Markets|US|World

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited

The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
Business|Economy|Finance|Stock Markets|US

Stocks end slightly higher after Fed comments, ahead of Nvidia

U.S. stocks closed with slight gains on Tuesday, sending the S&P 500 and Nasdaq to record levels, as investors assessed the latest comments from Federal

Stocks end slightly higher after Fed comments, ahead of Nvidia
Business|Europe|Finance

Nvidia vigil almost over

A look at the day ahead in European and global markets from Kevin Buckland Two of the biggest events of this week are almost upon us, as Wednesday brings an end to the drawn-out two-day news vacuum

Nvidia vigil almost over
Economy|Finance|News|US

US households still feel pinched by inflation, Fed survey says

U.S. households continued to feel pinched by inflation in late 2023 even as price pressures ebbed, the Federal Reserve reported on Tuesday, with most Americans saying their financial

US households still feel pinched by inflation, Fed survey says
Business|Economy|Finance|News|Stock Markets|US|World

Calm markets hover near highs, metals step back

A look at the day ahead in U.S. and global markets from Mike Dolan Partly due to the absence of top-tier economic news this week, world markets have found a relatively calm plateau with stocks near

Calm markets hover near highs, metals step back
Business|Economy|Europe|Finance|Stock Markets

News vacuum sucks momentum from markets

A look at the day ahead in European and global markets from Kevin Buckland Stock market momentum is waning as a dearth of fresh economic clues sees the feverish punting over the pace of Federal

News vacuum sucks momentum from markets
Uncategorized

Fed policymakers still cautious on inflation and policy

By Michael S.

Fed policymakers still cautious on inflation and policy
Finance|Stock Markets|Technology

Nasdaq hits record, S&P ticks higher with Nvidia results eyed

The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia's highly anticipated earnings and

Nasdaq hits record, S&P ticks higher with Nvidia results eyed
News|US

Barr: Requiring discount window readiness could break 'stigma'

The U.S.

Barr: Requiring discount window readiness could break 'stigma'
Business|Economy|Finance|US

Fed's Barr says regulators considering 'adjustments' to liquidity rules

U.S. bank regulators are reconsidering how much liquidity banks should be required to have on hand following a series of abrupt bank failures in 2023, the

Fed's Barr says regulators considering 'adjustments' to liquidity rules
Economy|Finance|News|US

New supply chain pressure metric shows improvement has stalled, says NY Fed

A new set of supply availability indexes show that improvement in firms' access to inputs hit a wall over the past couple of months, the Federal Reserve Bank of New York said on Monday.

New supply chain pressure metric shows improvement has stalled, says NY Fed
Business|Economy|Finance|News|US

US regulators reconsider capital hike for big banks, WSJ reports

The Federal Reserve and two other U.S. regulators are moving toward a new plan that would significantly reduce a nearly 20% mandated increase in capital for the country's biggest banks

US regulators reconsider capital hike for big banks, WSJ reports
News|US

Fed's Bowman repeats she's willing to hike rates if needed

U.S.

Fed's Bowman repeats she's willing to hike rates if needed
Business|Economy|Finance|US

Dollar mostly flat as market mulls inflation outlook

The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve

Dollar mostly flat as market mulls inflation outlook
Business|Economy|Finance|US

NY Fed announces launch of new supply chain pressure metrics

The Federal Reserve Bank of New York is bolstering its data offerings tracking the state of supply chains.

NY Fed announces launch of new supply chain pressure metrics
Business|Economy|Finance|Stock Markets

Weaker loonie may not deter Bank of Canada diverging from the Fed

The Bank of Canada would be willing to cut interest rates three times ahead of the Federal Reserve's first move before a declining currency threatens to endanger

Weaker loonie may not deter Bank of Canada diverging from the Fed
Economy|Health|News|US

Fed Chair Powell tests positive for COVID-19, working from home

Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday and is currently working from home, a Fed spokesperson said in an emailed statement.

Fed Chair Powell tests positive for COVID-19, working from home
Economy|Europe|Finance

Markets ponders rate path, shares listless

A look at the day ahead in European and global markets from Ankur Banerjee The cold harsh reality of the Federal Reserve likely keeping interest rates higher for longer to combat inflation has put a

Markets ponders rate path, shares listless
Asia|Economy|Finance|US

Foreigners sold Asian bonds in April amid firm dollar, Fed uncertainty

Foreign investors were net sellers of Asian bonds for a second straight month in April as a strong U.S. dollar and uncertainties around the Federal Reserve's interest rate cuts dampened

Foreigners sold Asian bonds in April amid firm dollar, Fed uncertainty
Economy|News|US

Fed remains cautious on cuts even as data improves

Data this week offered the U.S.

Fed remains cautious on cuts even as data improves
Business|Economy|Finance|US

Oil up after US economic data strengthens rate cut expectations

Crude prices edged up on Thursday after data showed a stabilizing U.S. job market, fueling expectations that the Federal Reserve could begin to cut interest rates

Oil up after US economic data strengthens rate cut expectations
Economy|Finance|News|US

Dollar rebounds on high US import prices

The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised concerns the Federal

Dollar rebounds on high US import prices
Economy|Finance|News|US

IMF says US inflation data 'higher than we would like'

The International Monetary Fund on Thursday views recent U.S. inflation data as "overall higher than we would like to see" and is urging the Federal Reserve to stay cautious and

IMF says US inflation data 'higher than we would like'
Opinion

Fed's Mester seeks more evidence inflation pressures are easing

By Michael S.

Fed's Mester seeks more evidence inflation pressures are easing
Business|Economy|Finance|US

Major brokerages retain US rate-cut view after soft inflation data

Top global brokerages have retained their expectations for when the U.S.

Major brokerages retain US rate-cut view after soft inflation data
Economy|Finance|News|US

An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year

A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year

An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
Uncategorized

Fed's Williams welcomes inflation data, not ready to seek rate cuts

By Michael S.

Fed's Williams welcomes inflation data, not ready to seek rate cuts
Business|Economy|Finance|News|US

Transcript of interview with New York Fed's Williams

Federal Reserve Bank of New York President John Williams was interviewed by Reuters on Wednesday.

Transcript of interview with New York Fed's Williams
Business|Economy|Finance|Stock Markets|US

New highs hold as disinflation resumes, US cools

A look at the day ahead in U.S. and global markets from Mike Dolan World stocks notched new records and the dollar nursed its worst day of the year as fears of an overheating U.S. economy dissipate -

New highs hold as disinflation resumes, US cools
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street rallies to close out a bloom-filled May

An already verdant May for Wall Street finished with another push higher as stocks rallied after a report showed inflation is at least not worsening

Stock market today: Wall Street rallies to close out a bloom-filled May
Business|Economy|Finance|US

Kansas City Fed sets Jackson Hole conference dates Aug 22-24

The Federal Reserve Bank of Kansas City on Wednesday said its annual central banking conference in Jackson Hole, Wyoming, will take place from Aug. 22-24.

Kansas City Fed sets Jackson Hole conference dates Aug 22-24
News

Bernanke urges Bank of England to debate publishing rate projections

Former U.S.

Bernanke urges Bank of England to debate publishing rate projections
Economy|Finance|News

Fed gets some good news on inflation progress

Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some encouraging data on Wednesday with a government report

Fed gets some good news on inflation progress
Business|Economy|Finance|News|US

Dollar swoons after data suggests rate cut in September

The dollar slumped against major currencies on Wednesday after U.S. consumer prices in April showed inflation had resumed trending lower in the second quarter,

Dollar swoons after data suggests rate cut in September
Business|Economy|Finance|News|US

US consumer inflation resumes downward trend as domestic demand cools

U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost

US consumer inflation resumes downward trend as domestic demand cools
Business|Economy|Finance|US

US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending

The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said in a downgrade from its previous estimate

US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
Business|Economy|Finance|US

Fed's Schmid says he is prepared to be patient on policy

Inflation is still too high, and the U.S. central bank has more work to do to bring it down, Kansas City Federal Reserve Bank President Jeffrey Schmid said on Tuesday, a signal that he

Fed's Schmid says he is prepared to be patient on policy
Business|Finance|Stock Markets|US

New stock records jump the CPI gun

A look at the day ahead in U.S. and global markets from Mike Dolan Markets seem to have got bored waiting for today's big U.S. inflation print and stocks zoomed to new records in advance, taking

New stock records jump the CPI gun
Business|Economy|Finance|Stock Markets|US

Nasdaq hits record close after Powell reassures investors, CPI in focus

The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal Reserve Chair Jerome Powell reassured

Nasdaq hits record close after Powell reassures investors, CPI in focus
Business|Economy|Finance|News|US

Powell: Very strong support in Congress for an independent Fed

Federal Reserve Chair Jerome Powell said on Tuesday support for U.S. central bank independence remains "very strong" in Congress, pushing back on concerns surfaced in recent news

Powell: Very strong support in Congress for an independent Fed
Business|Economy|Finance|US

NY Fed report warns discount window stigma may never go away

The Federal Reserve needs to rethink how it provides swift liquidity to banks, a report from the Federal Reserve Bank of New York said on Monday.

NY Fed report warns discount window stigma may never go away
Business|Economy|Finance|Stock Markets|US

Earnings bolster US stocks but crucial inflation report looms

A strong earnings season and blockbuster reports

Earnings bolster US stocks but crucial inflation report looms
Business|Finance|Stock Markets|US

Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president

The Cleveland branch of the Federal Reserve says that Beth Hammack, an executive at investment bank Goldman Sachs, would be its next president effective Aug. 21

Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
Economy|Finance|US

Hopes for 'soft landing' at stake as investors await US inflation data

Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday, with consumer price data set to show whether the soft landing hopes that

Hopes for 'soft landing' at stake as investors await US inflation data
Economy|Finance|Stock Markets|US

Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause

Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation

Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Business|Economy|Finance|US

Waning Fed rate cut bets boost US Treasury yield forecasts: Reuters poll

Bond strategists upgraded their U.S.

Waning Fed rate cut bets boost US Treasury yield forecasts: Reuters poll
Economy|Finance|News|Stock Markets|US

Traders pare bets on Sept start to Fed rate cuts

Traders on Tuesday pared bets the Federal Reserve will deliver a first interest-rate cut in September after a government report showed wholesale prices rose more than expected in April. 

Traders pare bets on Sept start to Fed rate cuts
Economy|Finance|News|US

Fed's Powell: PPI 'mixed,' next move unlikely to be a rate hike

Federal Reserve Chair Jerome Powell on Tuesday said the latest report on U.S. producer prices was more "mixed" than "hot" given that prior data was revised lower even as the

Fed's Powell: PPI 'mixed,' next move unlikely to be a rate hike
Business|Economy|Finance|US

Corporate greed not to blame for price pressures, Fed study shows

Corporate price gouging has not been a primary driver of U.S. inflation, according to research published on Monday by economists at the Federal Reserve Bank of San Francisco.

Corporate greed not to blame for price pressures, Fed study shows
Economy|Finance|News

Gold dips as traders await US inflation data for Fed rate cut cues

Gold prices fell 1% on Monday on profit-taking, as investors looked forward to key inflation figures this week for clues on the U.S. interest rate cuts this year.

Gold dips as traders await US inflation data for Fed rate cut cues
Business|Economy|Finance|News|Stock Markets

S&P 500 barely changes as investors hold tight ahead of inflation data

The S&P 500 closed very slightly lower on Monday as investors took a breather after three weekly gains while they awaited key inflation readings and

S&P 500 barely changes as investors hold tight ahead of inflation data
Uncategorized

Fed's Jefferson flags challenges on communications front

By Michael S.

Fed's Jefferson flags challenges on communications front
News|US

Fed to cut rates in September, say nearly two-thirds of economists: Reuters poll

The U.S.

Fed to cut rates in September, say nearly two-thirds of economists: Reuters poll
Uncategorized

NY Fed survey finds general expectations of higher inflation

By Michael S.

NY Fed survey finds general expectations of higher inflation
Business|Economy|Finance|News|Stock Markets|US

Wall Street closes up, another weekly gain ahead of inflation data

U.S. stocks eked out modest gains on Friday and all three indexes posted another weekly advance as investors parsed comments from Federal Reserve officials and

Wall Street closes up, another weekly gain ahead of inflation data
Business|Economy|Finance|US

Oil falls on prospect of higher-for-longer US rates, stronger dollar

Oil prices fell by nearly $1 a barrel on Friday as comments from U.S. central bank officials indicated higher-for-longer interest rates, which could hinder demand

Oil falls on prospect of higher-for-longer US rates, stronger dollar
Business|Economy|Finance|US

Fed officials mull whether rates high enough as inflation expectations jump

Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a

Fed officials mull whether rates high enough as inflation expectations jump
Business|Economy|Finance|US

Fed's Goolsbee says US interest rates are 'relatively restrictive'

Chicago Federal Reserve President Austan Goolsbee on Friday said he believes U.S. monetary policy is "relatively restrictive," meaning that borrowing costs are putting downward pressure on

Fed's Goolsbee says US interest rates are 'relatively restrictive'
Business|Economy|Finance|US

Dollar up slightly after consumer sentiment data, CPI eyed

The dollar inched higher on Friday following a reading on U.S. consumer sentiment as investors sorted through a batch of comments from Federal Reserve

Dollar up slightly after consumer sentiment data, CPI eyed
Economy|Finance|News|US

US monetary policy may not be tight enough, Fed's Logan says

Dallas Federal Reserve President Lorie Logan on Friday said it's not clear if monetary policy is tight enough to bring inflation down to the U.S.

US monetary policy may not be tight enough, Fed's Logan says
Business|Economy|Finance|US

Fed's Bostic says economy likely slowing, though rate-cut timing uncertain

The U.S. central bank likely remains on track to cut interest rates this year even if the timing and extent of the policy easing is uncertain and further

Fed's Bostic says economy likely slowing, though rate-cut timing uncertain
Business|Economy|Finance|US

Fed's Daly says disinflation still happening, but sees 'considerable' uncertainty

There is "considerable" uncertainty about where U.S. inflation will head in coming months, San Francisco Federal Reserve President Mary Daly said on

Fed's Daly says disinflation still happening, but sees 'considerable' uncertainty
Business|Economy|Europe|Finance

Europe's rush for rate cuts shifts global market power away from US

The Bank of England has sent a new signal that borrowing costs will fall earlier and further across Europe than in the United States, setting

Europe's rush for rate cuts shifts global market power away from US
Business|Economy|Finance|Stock Markets|US

Stock market today: Nasdaq sets another record as Wall Street wins back earlier losses

U.S. stocks rose in a bounce back from Wall Street’s worst day since April

Stock market today: Nasdaq sets another record as Wall Street wins back earlier losses
Economy|Finance|News|US

US weekly jobless claims highest in more than eight months as labor market eases

The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, offering more evidence that

US weekly jobless claims highest in more than eight months as labor market eases
Economy|News|US

Fed's communications style scores well with analysts but not public

Through a tumultuous period of high inflation, aggressive interest rate hikes, and global instability, the U.S.

Fed's communications style scores well with analysts but not public
Uncategorized

NY Fed's Perli offers guideposts to measure market liquidity levels

By Michael S.

NY Fed's Perli offers guideposts to measure market liquidity levels
Business|Economy|Finance|US

Long-term mortgage rates ease for third straight week, dipping to just below 7%

The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid April, a modest boost for home shoppers navigating a housing market dampened by rising prices and relatively few available properties

Long-term mortgage rates ease for third straight week, dipping to just below 7%
Business|Economy|News|US

US applications for jobless benefits fall as labor market continues to thrive

The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels

US applications for jobless benefits fall as labor market continues to thrive
Business|Europe|Finance|Stock Markets|US

Morning bid: Stocks buoyant as Sweden cuts, oil skids

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks to have brushed off the latest hawkish Federal Reserve noises and Disney's outsize swoon, with European bourses

Morning bid: Stocks buoyant as Sweden cuts, oil skids
Uncategorized

Fed's Collins says economy may need to weaken to get 2% inflation

By Michael S.

Fed's Collins says economy may need to weaken to get 2% inflation
Business|Economy|Finance|US

Fed's Cook says households, banks, firms largely in solid financial shape

U.S. households, banks and firms are largely in solid financial shape, with the means at hand to cover debt payments and with strong enough buffers to absorb

Fed's Cook says households, banks, firms largely in solid financial shape
Business|Economy|Finance|US

PIMCO adds bond exposure outside the US on inflation risks

U.S. bond giant PIMCO said on Wednesday it is increasing its bond exposure in developed markets outside the United States as inflation could complicate the

PIMCO adds bond exposure outside the US on inflation risks
Business|Economy|Europe|Finance|News|US

Pondering the path of Fed policy

A look at the day ahead in European and global markets from Kevin Buckland The Federal Reserve and the enigmatic path of U.S. interest rates continue to dominate the market's attention.

Pondering the path of Fed policy
Business|Economy|Finance|News|US

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high

Federal Reserve minutes: Policymakers saw a longer path to rate cuts
Business|Economy|Finance|US

US dollar rises as yen weakness resumes

The U.S. dollar rose against most currencies on Tuesday, steadily gaining ground throughout the day as investors digested the latest comments from Federal

US dollar rises as yen weakness resumes
Business|Finance|Stock Markets|US

S&P, Dow end slightly up, extend closing streaks despite Disney drag

The S&P 500 and Dow Jones Industrial Average both clung onto gains to ended slightly higher on Tuesday, extending recent winning streaks fueled by renewed expectations that

S&P, Dow end slightly up, extend closing streaks despite Disney drag
Business|Economy|Finance|US

US banks report weaker loan demand, Fed survey says

U.S. banks reported renewed weakening in demand for industrial loans and a decline in household demand for credit in the first quarter of the year, according to a Federal Reserve survey of

US banks report weaker loan demand, Fed survey says
Economy|Finance|News|US

Fed may need to hold rates steady all year, Kashkari says

Stalled inflation buoyed in part by housing market strength means the Federal Reserve will need to hold borrowing costs steady for an "extended period," and possibly all year, Minneapolis

Fed may need to hold rates steady all year, Kashkari says
Business|Economy|News|US

Inflation "settling" high could pose new risks for the Fed, economy

Inflation lodged above the U.S.

Inflation "settling" high could pose new risks for the Fed, economy
Business|Economy|Finance|News

Australian interest rate changes since 1990

The Reserve Bank of Australia on Tuesday left its cash rate unchanged at 4.35% following a policy meeting.

Australian interest rate changes since 1990
Uncategorized

NY Fed survey finds Americans bracing for higher housing costs

By Michael S.

NY Fed survey finds Americans bracing for higher housing costs
Business|Economy|Finance|News|US

Fed's Williams says next Fed move likely to be lower rates

Federal Reserve Bank of New York President John Williams said Monday that at some undefined point the U.S. central bank will lower its interest rate target.

Fed's Williams says next Fed move likely to be lower rates
Business|Economy|Finance|US

Dollar weaker on Fed rate cut hopes, yen retreats after strong week

The dollar fell against most currencies on Monday for a fourth straight session as recent labor market data and comments from Federal Reserve officials buoyed

Dollar weaker on Fed rate cut hopes, yen retreats after strong week
Economy|News|US

Fed's Barkin: Ending inflation likely to require a hit to demand

Finishing the battle against inflation will likely require a hit to demand, after a year in which U.S. price pressures cooled largely through

Fed's Barkin: Ending inflation likely to require a hit to demand
Business|Economy|Finance|US

Citadel's Griffin says Fed's first rate cut may come in December

Ken Griffin, Citadel's founder and chief executive, said on Monday that he is unsure when the Federal Reserve may be able to cut interest rates this year,

Citadel's Griffin says Fed's first rate cut may come in December
Business|Economy|Finance|Stock Markets|US

Wall Street closes higher for third session on rate cut optimism

U.S. stock indexes closed higher on Monday, their third straight session of advances, as investors continued to gain hope that there was a greater chance of the Federal

Wall Street closes higher for third session on rate cut optimism
Business|Economy|Finance|News

Relief (mostly) everywhere

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe.

Relief (mostly) everywhere
Business|Economy|Finance|News|Stock Markets

Take Five: Surfin USA

Central banks in Australia, Britain and Sweden will meet this week, as markets assess how much leeway the U.S. Federal Reserve has to cut rates this year.

Take Five: Surfin USA
Business|Economy|Finance|Stock Markets|US

US small caps struggle as elevated interest rates take a toll

The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies,

US small caps struggle as elevated interest rates take a toll
Business|Economy|Finance|US

Oil settles down on US jobs data, steepest weekly loss in 3 months

Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs data and possible timing of a Federal

Oil settles down on US jobs data, steepest weekly loss in 3 months
News|Business|Economy|Finance|Stock Markets|US

Wall St ends sharply higher, jobs data strengthens case for rate cuts

Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also

Wall St ends sharply higher, jobs data strengthens case for rate cuts
News|Business|Economy|Finance|US

Weaker US jobs data soothes Fed worries of renewed overheating

Federal Reserve officials, buffeted by concerns the economy might again overheat, got relief on Friday when jobs data for April showed a marked

Weaker US jobs data soothes Fed worries of renewed overheating
Business|Economy|Finance|News|US

Fed's Bowman supports current policy stance but still sees inflation risks

Inflation should continue to decline even as the U.S. central bank holds its benchmark interest rate steady at current levels, Federal Reserve Governor Michelle Bowman said on Friday while

Fed's Bowman supports current policy stance but still sees inflation risks
Business|Economy|Finance|Stock Markets|US

April US jobs report shows looser labor market, good news for Fed

U.S. job growth slowed more than expected in April and annual wage gains cooled, signs of a looser labor market which are good news for markets and the Federal Reserve that will likely

April US jobs report shows looser labor market, good news for Fed
Business|Economy|Finance|US

US equity funds witness outflows for fifth week in a row

U.S. investors were net sellers of equity funds for a fifth successive week in the seven days to May 1, exercising caution ahead of the Federal Reserve's policy decision and scaling back

US equity funds witness outflows for fifth week in a row
Business|Economy|Finance

Major central banks linger in uneasy calm in April

Interest rates at major central banks remained static in April as the prospect of higher-for-longer U.S.

Major central banks linger in uneasy calm in April
Business|Economy|Finance|Stock Markets|US

Wall Street ends higher as Fed signals dovish bias; jobs report eyed

U.S. stocks rallied on Thursday as investors weighed the Federal Reserve's more dovish-than-expected interest rate guidance on Wednesday against a plethora of mixed

Wall Street ends higher as Fed signals dovish bias; jobs report eyed
Business|Economy|Finance|News|Stock Markets|US

Stocks jump after Fed, US data; yen strengthens

A gauge of global stocks climbed on Thursday after the Federal Reserve indicated it was leaning toward a dovish stance, while the dollar retreated against the

Stocks jump after Fed, US data; yen strengthens
Business|Economy|Finance|US

Weak US productivity could threaten Fed's 'soft landing' hopes

Weaker U.S. productivity gains in the first quarter may challenge the Federal Reserve's efforts to finish its inflation fight without a painful rise in

Weak US productivity could threaten Fed's 'soft landing' hopes
Business|Economy|Finance|US

US regulators discuss finalizing bank capital rules as soon as August, Bloomberg News reports

The Federal Reserve and other top U.S. regulators are forging ahead with their plan to make big banks hold more capital, Bloomberg News reported on Wednesday.

US regulators discuss finalizing bank capital rules as soon as August, Bloomberg News reports
Uncategorized

Fed announces reduction in balance sheet runoff pace

By Michael S.

Fed announces reduction in balance sheet runoff pace
US

Fed's Powell says looming US election will not sway rate decisions

By David Lawder and Michael S.

Fed's Powell says looming US election will not sway rate decisions
Business|Economy|Finance|News|Stock Markets|US

S&P 500, Nasdaq end lower after Fed rate decision, Powell press conference

U.S. stocks closed mixed on Wednesday after the Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will

S&P 500, Nasdaq end lower after Fed rate decision, Powell press conference
Business|Economy|Finance|News|US

Powell's soothing tone may not be enough for inflation-spooked markets

Federal Reserve Chairman Jerome Powell's reassuring message following the central bank’s monetary policy meeting may not calm frazzled U.S.

Powell's soothing tone may not be enough for inflation-spooked markets
News|US

Fed leaves rates unchanged, flags 'lack of further progress' on inflation

The U.S.

Fed leaves rates unchanged, flags 'lack of further progress' on inflation
Business|Economy|Finance|Stock Markets|US

Fed QT taper calms the horses, yen pops again

A look at the day ahead in U.S. and global markets from Mike Dolan Anxious bond traders seem to have taken solace from the Federal Reserve's surprisingly sharp brake on its "quantitative tightening"

Fed QT taper calms the horses, yen pops again
Economy|Finance|US

Greenback strength to persist on delayed Fed rate cut calls

A rallying U.S. dollar will stand resolute and may even trade more strongly than predicted in coming months if the policies of the Federal Reserve and other

Greenback strength to persist on delayed Fed rate cut calls
Business|Economy|Finance|Stock Markets|US

US productivity slows sharply in first quarter

U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid.

US productivity slows sharply in first quarter
Business|Economy|Environment|Finance

Citigroup sees loan book hit in climate action ramp-up, document shows

Citigroup could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle climate

Citigroup sees loan book hit in climate action ramp-up, document shows
Economy|News|US

US job openings slide to three-year low as demand for labor gradually eases

U.S. job openings fell to a three-year low in March, while the number of people quitting their jobs declined, signs of easing labor market conditions that over

US job openings slide to three-year low as demand for labor gradually eases
Business|Economy|Finance|US

FOMC holds rates in place and will slow balance sheet drawdown

The Federal Reserve on Wednesday said it would leave interest rates unchanged and announced plans to slow the speed of its balance sheet drawdown, after having spent much of the earlier

FOMC holds rates in place and will slow balance sheet drawdown
Business|Finance|Stock Markets|US

Stocks, dollar decline after Fed holds rates steady

A gauge of global stocks fell on Wednesday while the dollar weakened against a basket of peers after the Federal Reserve left interest rates unchanged and

Stocks, dollar decline after Fed holds rates steady
Economy|Europe|Finance|US

Fed day focus is on what Jay says

A look at the day ahead in European and global markets from Kevin Buckland The marquee markets event for the week is almost upon us, and needs little introduction: The outlook for U.S. interest rates

Fed day focus is on what Jay says
Uncategorized

More Fed officials ready to say goodbye to low-rate world

By Michael S.

More Fed officials ready to say goodbye to low-rate world
Business|Economy|Finance|Stock Markets|US

Mayday for bonds as 2024 Fed cut hopes dwindle

A look at the day ahead in U.S. and global markets from Mike Dolan May Day for Wall Street comes with the daunting prospect that the multiple interest rate cuts once expected from the Federal Reserve

Mayday for bonds as 2024 Fed cut hopes dwindle
Finance|Stock Markets|US

Bracing for shallow Fed easing, bond investors take the middle of the curve road

Bond investors are selectively adding longer-dated maturities to their portfolios on bets the Federal Reserve will delay cutting interest rates and

Bracing for shallow Fed easing, bond investors take the middle of the curve road
Business|Economy|News|US

US manufacturing sector regresses in April; prices paid near two-year high

U.S. manufacturing contracted in April amid a decline in orders after briefly expanding in the prior month, while a measure of prices paid by factories for inputs approached a

US manufacturing sector regresses in April; prices paid near two-year high
News|US

Yellen to warn that eroding US democracy, Fed, threatens economic growth

U.S.

Yellen to warn that eroding US democracy, Fed, threatens economic growth
Economy|News|US

US job openings fall to three-year low in March

U.S. job openings fell to a three-year low in March, while the number of people quitting their jobs declined, signs of easing labor market conditions that over time could aid

US job openings fall to three-year low in March
Business|Economy|Finance|Stock Markets|US

Wall Street stocks fall as markets weigh strong wage data, Fed meeting

U.S. stocks ended lower on Tuesday as markets weighed economic data showing rising labor costs and deteriorating consumer confidence on the day of a key Federal

Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Business|Economy|Finance|US

Quagmire anyone? Fed watchers try to divine a confusing state of play

U.S. central bankers began spreading rate-cut fever late last year, with the economy seemingly on a clear path back to low inflation and officials projecting

Quagmire anyone? Fed watchers try to divine a confusing state of play
News|Opinion

Fed's balance sheet plans could take center stage this week

By Michael S.

Fed's balance sheet plans could take center stage this week
Business|Economy|Finance

Latest inflation figures are good news – even if they give a lot of people heartburn

Investors, homebuyers and central bankers all have reason to be irritated by the latest data, and inflation isn’t licked just yet. But the numbers also show reason for optimism.

Latest inflation figures are good news – even if they give a lot of people heartburn
Economy|Finance|News|US

US home prices jump by most in nearly two years in February, FHFA says

U.S. home prices leapt in February by the most in nearly two years, federal housing authorities reported on Tuesday, reflecting the effects that lean home supply continue to have on the

US home prices jump by most in nearly two years in February, FHFA says
News|Asia|Economy|Finance|US

Stock market today: Asian shares advance after another round of Wall St records

Asian shares are higher after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction

Stock market today: Asian shares advance after another round of Wall St records
Business|Economy|Finance|Stock Markets|US

Inflation-wary US rate options market cautiously prices for 2024 Fed hike

Options on Secured Overnight Financing Rate (SOFR) futures are showing a higher probability that the Federal Reserve could hike interest rates a

Inflation-wary US rate options market cautiously prices for 2024 Fed hike
Business|Finance|Stock Markets|US

Wall Street stocks finish higher as investors focus on Fed moves

U.S. stocks ended higher on Monday, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say about the

Wall Street stocks finish higher as investors focus on Fed moves
News|Economy|US

US inflation eased last month in the first slowdown of 2024

Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team

US inflation eased last month in the first slowdown of 2024
Economy|Finance|News|US

Fed's Powell downplays potential for a rate hike despite higher price pressures

Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again

Fed's Powell downplays potential for a rate hike despite higher price pressures
Economy|Finance|US

Wholesale price increases accelerated in April as inflation remains sticky

U.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist after three elevated readings in consumer prices to start the year

Wholesale price increases accelerated in April as inflation remains sticky
Economy|News|US

Fed in a holding pattern as inflation delays approach to any soft landing

Inflation showing no recent sign of slowing or narrowing in scope leaves U.S.

Fed in a holding pattern as inflation delays approach to any soft landing
Business|Finance|Stock Markets|US

Wall St opens higher on megacap strength, Fed verdict awaited

Wall Street's main indexes opened higher on Monday as Tesla and Apple led gains in megacap companies, while investors exercised caution ahead of the Federal Reserve's interest rate

Wall St opens higher on megacap strength, Fed verdict awaited
Asia|Business|Finance|Stock Markets

Stock market today: Asian markets follow Wall Street higher ahead of U.S. key inflation update

Asian stocks have advanced after equities rose on Wall Street, with the Nasdaq composite hitting a record high

Stock market today: Asian markets follow Wall Street higher ahead of U.S. key inflation update
News|US

Take Five: Fed straight ahead

A U.S.

Take Five: Fed straight ahead
Business|Economy|Finance|US

US inflation increases moderately; consumer spending boosts Q2 outlook

U.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing and utilities suggested the Federal Reserve could keep interest rates

US inflation increases moderately; consumer spending boosts Q2 outlook
Economy|Finance|MidEast|News|US

Oil settles higher on supply concerns in the Mideast, economic woes subdue gains

Oil prices settled higher on Friday, garnering support from tensions in the Middle East, but a strong dollar and U.S. inflation data quashed hopes that the

Oil settles higher on supply concerns in the Mideast, economic woes subdue gains
Economy|Finance|News|US

Are US interest rates high enough to beat inflation? The Fed will take its time to find out

The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year

Are US interest rates high enough to beat inflation? The Fed will take its time to find out
Business|Economy|Finance|US

Analysis-Investors brace for 5% Treasury yields as US inflation worries mount

As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October.

Analysis-Investors brace for 5% Treasury yields as US inflation worries mount
Economy|Finance|News|Stock Markets|US

Futures extend gains after March PCE data

U.S. stock index futures extended gains on Friday, as fresh evidence of progress on the inflation front reignited hopes that the Federal Reserve could cut interest rates sometime this year

Futures extend gains after March PCE data
Business|Economy|Finance|Stock Markets|US

Global equity funds face fourth week of outflows amid dampened Fed rate cut hopes

Global equity funds recorded outflows for the fourth consecutive week as of April 24, affected by diminishing hopes of rapid Federal Reserve rate cuts this year amid a series of higher-

Global equity funds face fourth week of outflows amid dampened Fed rate cut hopes
Business|Economy|Finance|US

Imports hold back US economy in first quarter, inflation flares up

The U.S. economy grew at its slowest pace in nearly two years in the first quarter amid a surge in imports and small build-up of unsold goods at businesses,

Imports hold back US economy in first quarter, inflation flares up
Economy|News|US

Q1 US GDP shows surprise slowing and uncomfortable inflation

U.S. economic growth slowed more than expected in the first quarter, but a surprisingly hot quarterly Personal Consumption Expenditure inflation component suggested that the

Q1 US GDP shows surprise slowing and uncomfortable inflation
Business|Economy|Finance|News|US

Confounding US economic, inflation data cloud Fed's rate path

The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or

Confounding US economic, inflation data cloud Fed's rate path
Business|Economy|Finance|US

Weak GDP, strong prices, highlight Fed dilemma

U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two

Weak GDP, strong prices, highlight Fed dilemma
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street coasts to the finish line of another winning week

U.S. stocks coasted to the close of another winning week with a quiet, mixed finish

Stock market today: Wall Street coasts to the finish line of another winning week
Economy|News|US

US weekly jobless claims hit highest level since August of 2023, though job market is still hot

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening

US weekly jobless claims hit highest level since August of 2023, though job market is still hot
Business|Economy|Europe|Finance

Column-BoE tries to sail a mid-ocean policy :Mike Dolan

Cut in June or not at all? The Bank of England is left parsing policy between a European Central Bank nailed on for cutting rates by mid-year and a U.S.

Column-BoE tries to sail a mid-ocean policy :Mike Dolan
Business|Economy|Finance|US

US business activity cools in April; inflation measures mixed

U.S. business activity cooled in April to a four-month low due to weaker demand, while rates of inflation eased slightly even as input prices rose sharply, suggesting some possible relief

US business activity cools in April; inflation measures mixed
News|US

Fed to cut rates in September and maybe once more this year

The U.S.

Fed to cut rates in September and maybe once more this year
Business|Economy|Europe|Finance|News

ECB should be very cautious about post-June rate cuts, de Guindos says

The European Central Bank will cut interest rates in June but needs to be very cautious about subsequent moves and take into account signals from the U.S.

ECB should be very cautious about post-June rate cuts, de Guindos says
Economy|Finance|Stock Markets|US

Analysis-US bond bulls lean into latest selloff despite inflation scare

A sharp selloff in U.S. bonds so far in April is prompting some investors to consider allocating more funds to the asset class to lock in

Analysis-US bond bulls lean into latest selloff despite inflation scare
Business|Economy|Finance|US

Black swan hedge fund says Fed rate cuts will signal market crash

While U.S. financial markets debate the timing of interest rate cuts, one tail-risk hedge fund is warning that investors should make the

Black swan hedge fund says Fed rate cuts will signal market crash
Business|Economy|Finance|US

Fed's Powell faces 'what, me worry?' moment of spiking bond yields, war, political stalemate

Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their 19-month drive to hike borrowing costs is

Fed's Powell faces 'what, me worry?' moment of spiking bond yields, war, political stalemate
Business|Economy|Finance

Column-October suddenly looks like a bad bond dream: Mike Dolan

If the notorious 'term premium' is evaporating again, then last month's bond rout may just have been a nightmare.

Column-October suddenly looks like a bad bond dream: Mike Dolan
Business|Economy|Finance|US

Powell's 'restrictive' emphasis maximizes Fed flexibility: McGeever

Central bankers choose their words carefully, so recent comments from the Federal Reserve's two most senior policymakers that U.S. monetary policy could

Powell's 'restrictive' emphasis maximizes Fed flexibility: McGeever
Business|Economy|Finance|News|US

Fed survey cites inflation, US election as key financial stability risks

Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's latest

Fed survey cites inflation, US election as key financial stability risks
Economy|Finance|US

Fed policy on hold because of 'stalled' progress on inflation, Goolsbee says

Progress on bringing down inflation has "stalled" this year, Chicago Federal Reserve President Austan Goolsbee said on Friday, becoming the latest U.S. central banker to drop

Fed policy on hold because of 'stalled' progress on inflation, Goolsbee says
Economy|Finance|News|US

Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries

Wall Street's "fear gauge" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.

Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries
Business|Economy|Finance

Investors pull money from cash to pay tax bills, sell US stocks - BofA

Cash equivalent funds saw a $160 billion tax-related outflow in the week to Wednesday, according to a Bank of America's weekly report that cites fund flows and asset allocation from

Investors pull money from cash to pay tax bills, sell US stocks - BofA
Business|Finance|Stock Markets|US

Global equity funds see surge in outflows as rate cut hopes fade

Global equity funds saw a jump in outflows in the seven days through April 17 as speculation the U.S. Federal Reserve will delay cutting interest rates dampened investor sentiment.

Global equity funds see surge in outflows as rate cut hopes fade
Business|Economy|Finance|News|Stock Markets|US

Stocks end near flat as investors assess earnings, data

U.S. stocks closed near the unchanged mark on Thursday, as investors sifted through the latest corporate earnings, while economic data and comments from

Stocks end near flat as investors assess earnings, data
Uncategorized

Fed policymakers agree: there's no urgency to cut rates

By Ann Saphir and Michael S.

Fed policymakers agree: there's no urgency to cut rates
Business|Economy|Finance|US

Fed's rate-cut foot-dragging grates on global peers at IMF meetings

Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve's rapid resetting of rate-

Fed's rate-cut foot-dragging grates on global peers at IMF meetings
Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling

Stocks closed sharply higher on Wall Street, erasing their losses for the week, after the government reported a cooldown in hiring last month

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling
Business|Economy|Finance|Stock Markets|US

Stocks jump, yields drop as Fed cut hopes bloom

A gauge of global stocks rallied while Treasury yields fell on Friday after a U.S. payrolls report was softer than anticipated, easing concerns the Federal

Stocks jump, yields drop as Fed cut hopes bloom
Business|Economy|Finance|US

Dollar drops as employers add fewer jobs than expected in April

The dollar fell to a three-week low against the yen on Friday after data showed U.S. jobs growth slowed more than expected in April and annual wage gains cooled,

Dollar drops as employers add fewer jobs than expected in April
Business|Economy|Finance|News

The Fed indicated rates will remain higher for longer. What does that mean for you?

The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy

The Fed indicated rates will remain higher for longer. What does that mean for you?
Business|Economy|Finance|News|US

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve doesn’t appear eager to cut rates.

High interest rates aren’t going away anytime soon – a business economist explains why
Asia|Business|Finance|Stock Markets

Stock market today: Asian markets follow Wall Street swings after Fed keeps interest rates high

Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates

Stock market today: Asian markets follow Wall Street swings after Fed keeps interest rates high
Business|Economy|Finance

Federal Reserve says interest rates will stay at two-decade high until inflation further cools

The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target

Federal Reserve says interest rates will stay at two-decade high until inflation further cools
Economy|Finance|News

Workers' paychecks grew faster in the first quarter, a possible concern for the Fed

Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path of price increases at the Federal Reserve

Workers' paychecks grew faster in the first quarter, a possible concern for the Fed
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street

Asian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street
Business|Economy|US

Affluent Americans are driving US economy and likely delaying need for Fed rate cuts

Older Americans are fueling a sustained boost to the U.S. economy

Affluent Americans are driving US economy and likely delaying need for Fed rate cuts
Economy|News|US

How Trump could influence the makeup of the Fed

Federal Reserve Chair Jerome Powell on Thursday said he would not resign if asked to do so by President-elect Donald Trump, and said presidents do not have the legal authority to remove a

How Trump could influence the makeup of the Fed
Business|Economy|Finance|US

JPMorgan's Dimon says stagflation is possible outcome for US economy, but he hopes for soft landing

JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as the Federal Reserve attempts to tame stubbornly high consumer prices

JPMorgan's Dimon says stagflation is possible outcome for US economy, but he hopes for soft landing
Economy|News|US

Fed's preferred inflation gauge shows price pressures stayed elevated last month

A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid

Fed's preferred inflation gauge shows price pressures stayed elevated last month
Asia|Business|Economy|Finance|Stock Markets|World

Stock market today: Asian benchmarks mostly climb despite worries about US economy

Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally

Stock market today: Asian benchmarks mostly climb despite worries about US economy
Business|Economy|Finance|News|US

Fed's Bostic says he is not in a 'mad dash hurry' on rate cuts

Atlanta Federal Reserve President Raphael Bostic on Thursday said inflation is going to return to the U.S. central bank's 2% more slowly than many had expected, and "for me, that's okay ..

Fed's Bostic says he is not in a 'mad dash hurry' on rate cuts
Business|Economy|Finance|US

US existing home sales drop in March; median price increases

U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers from the market.

US existing home sales drop in March; median price increases
Business|Economy|US

US economic activity expanded slightly in recent weeks, Fed survey shows

U.S. economic activity expanded slightly from late February through early April and there were fears among firms that progress in lowering inflation would stall, a Federal Reserve survey

US economic activity expanded slightly in recent weeks, Fed survey shows
Business|Economy|Finance|US

Fed to cut US rates 'at some point, but no hurry, Mester says

Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs,

Fed to cut US rates 'at some point, but no hurry, Mester says
Business|Economy|Finance

Equifax sees second-quarter revenue below estimates as rates remain high

Credit ratings firm Equifax forecast on Wednesday its second-quarter revenue below estimates after strong economic data boosted chances of rates staying higher-for-longer, potentially

Equifax sees second-quarter revenue below estimates as rates remain high
Business|Economy|Finance|US

US Fed should not act urgently when it's not required, Daly says

San Francisco Federal Reserve Bank President Mary Daly said on Monday there is no urgency to cut U.S. interest rates, with the economy and labor market strong, and

US Fed should not act urgently when it's not required, Daly says
Asia|Finance|News

Morning Bid: Powell dashes easing hopes, markets dented again

A look at the day ahead in Asian markets.

Morning Bid: Powell dashes easing hopes, markets dented again
Business|Economy|Finance|News|US

Fed's Powell, Jefferson to square 'restrictive' policy with strong data

Federal Reserve Chair Jerome Powell and Vice Chair Philip Jefferson will make what are likely to be their last public comments before the U.S. central bank's

Fed's Powell, Jefferson to square 'restrictive' policy with strong data
Business|Economy|Finance|US

Fed could keep monetary policy tight for longer if needed, Jefferson says

Federal Reserve Vice Chair Philip Jefferson, in remarks devoid of any mention of interest rate cuts, said on Tuesday "it will be appropriate to hold in place

Fed could keep monetary policy tight for longer if needed, Jefferson says
Business|Economy|Finance|News|US

Dollar steady, yen fragile after Fed comments dash rate cut bets

The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from Federal Reserve officials, including Chair Jerome

Dollar steady, yen fragile after Fed comments dash rate cut bets
Business|Economy|Finance|US

U.S. homebuilder confidence holds steady in April

U.S. homebuilder confidence held steady in April at the highest since last July, snapping four months of gains with uncertainty about interest rates keeping potential home buyers hesitant,

U.S. homebuilder confidence holds steady in April
Business|Economy|Finance|US

US growth may be a global boon, but inflation could derail the train

U.S. economic growth that keeps motoring above its potential is emerging as a key prop for an ongoing global expansion, but spillovers from persistently high

US growth may be a global boon, but inflation could derail the train
Business|Europe|Finance|News|Stock Markets|World

Morning Bid: Nervy markets await Israel's response, Fed outlook

A look at the day ahead in European and global markets from Rae Wee European shares look set to track Asia's negative lead on Monday after a weekend dominated by news of escalating tensions in the

Morning Bid: Nervy markets await Israel's response, Fed outlook
Business|Economy|Finance|News|Stock Markets|US

Futures bounce back from last session's battering amid Middle East jitters

U.S. stock index futures rose on Monday, after Wall Street witnessed a bruising sell-off on the back of disappointing earnings from some big U.S. banks last week and escalating tensions in

Futures bounce back from last session's battering amid Middle East jitters
Business|Economy|Finance|US

Fed's reverse repo facility shrinks rapidly, lowest in nearly three years

A key Federal Reserve facility that takes in cash from money market funds and others saw inflows drop sharply on Monday.

Fed's reverse repo facility shrinks rapidly, lowest in nearly three years
Economy|Finance|News|US

US consumer sentiment slips; inflation expectations increase

U.S. consumer sentiment receded in April and households expected inflation to increase over the next 12 months and beyond, likely providing more ammunition for

US consumer sentiment slips; inflation expectations increase
Business|Economy|Finance|US

US banks' profit picture less clear with cloudy rates trajectory

The uncertain trajectory of interest rates is making it hard for U.S. banks to forecast profits and leading some to adopt a cautious stance for the remainder of the year.

US banks' profit picture less clear with cloudy rates trajectory
Business

Inflation still too high for Fed to cut interest rates, Schmid says

By Michael S.

Inflation still too high for Fed to cut interest rates, Schmid says
Business|Economy|Finance|US|World

IMF head says higher US rates could become a worry if they persist

IMF chief Kristalina Georgieva on Thursday said higher U.S. interest rates were not great news for the rest of the world and could become a worry if they

IMF head says higher US rates could become a worry if they persist
Business|Economy|Finance|News

Fed's Goolsbee keeps policy focus on PCE after high consumer price readings

Chicago Federal Reserve President Austan Goolsbee said on Friday continued high consumer price index readings were concerning, but he remains focused on how the Fed's targeted

Fed's Goolsbee keeps policy focus on PCE after high consumer price readings
Business|Economy|Finance|US

Fed's Daly: absolutely no urgency to cut US interest rates

San Francisco Federal Reserve President Mary Daly said on Friday there is still "a lot of work to do" to make sure inflation is on track to the Fed's 2% goal, and there is "absolutely" no

Fed's Daly: absolutely no urgency to cut US interest rates
Uncategorized

Fed's Collins sees no urgency to cut rates

By Michael S.

Fed's Collins sees no urgency to cut rates
Uncategorized

Exclusive-Fed's Collins eyes about two rate cuts this year

By Michael S.

Exclusive-Fed's Collins eyes about two rate cuts this year
Business|Economy|Finance|Stock Markets|US

Analysis-Wall Street gears up for US tax season liquidity test

Wall Street is bracing for a potential bout of stress in money markets by putting some cash on the side ahead of U.S. tax day, when high tax-related outflows

Analysis-Wall Street gears up for US tax season liquidity test
Business|Economy|Finance|Stock Markets|US

Analysis-Funds selling options help temper US stock swings

Popular funds that sell options for income may be moderating the recent bout of volatility in U.S. stocks, extending the calming effect they

Analysis-Funds selling options help temper US stock swings
Business|Economy|Finance|News

NY Fed inflation gauge sees cooler price pressures in February

The Federal Reserve Bank of New York said on Monday that underlying inflation pressures weakened in February.

NY Fed inflation gauge sees cooler price pressures in February
Business|Finance|Stock Markets|US

Morning Bid: Manufacturing kicks off jobs-packed week

A look at the day ahead in U.S. and global markets by Amanda Cooper. Today marks the start of a new week, a new month, a new quarter and a new set of data to get investors going.

Morning Bid: Manufacturing kicks off jobs-packed week
Economy|Finance|Stock Markets|US

Futures rise as signs of softening inflation bolster rate cut hopes

U.S. stock index futures rose on Monday after the latest inflation print showed moderating consumer prices, bolstering hopes of an early interest rate cut by the Federal Reserve.

Futures rise as signs of softening inflation bolster rate cut hopes
Business|Economy|Europe|Finance

Europe could lower rates ahead of Fed, ECB's Holzmann says

The European Central Bank could lower its key interest rate before the U.S. Federal Reserve, ECB Governing Council member Robert Holzmann was quoted as saying on Saturday.

Europe could lower rates ahead of Fed, ECB's Holzmann says
Business|Economy|Finance|US

Dollar steady as PCE data sets up June rate cut bets; yen in focus

The dollar was broadly steady on Monday as data showing easing U.S. prices bolstered bets that the Federal Reserve could cut interest rates in June, while the

Dollar steady as PCE data sets up June rate cut bets; yen in focus
Asia|Finance|Stock Markets

Asian shares up, dollar firms as rate cut wagers fade

Asian stocks rose on Tuesday and the dollar firmed, keeping the yen pinned near the 152-per-dollar levels that has traders worried about possible intervention,

Asian shares up, dollar firms as rate cut wagers fade
Business|Economy|Finance|Stock Markets|US

Analysis-Relentless US credit demand seen driving second-quarter rally

An investor scramble to lock in returns before the Federal Reserve cuts rates is expected to sustain a rally in the U.S. corporate bond market into the second

Analysis-Relentless US credit demand seen driving second-quarter rally
Economy|Finance|News|US

Powell to update views on policy as inflation remains sticky

Federal Reserve Chair Jerome Powell on Friday will update his views on U.S. inflation and the economy following the release of data showing price increases running faster than

Powell to update views on policy as inflation remains sticky
Business|Economy|Finance|Stock Markets|US

Investors eye Fed rate cut, earnings as key to sustaining market rally

After a stellar start to the year for stocks, investors are on guard for potential bumps in the second quarter as they gauge whether the Federal Reserve delivers

Investors eye Fed rate cut, earnings as key to sustaining market rally
Economy|Finance|News|US

Fed's balancing act could see June rate cut in play even with sticky inflation

Federal Reserve Chair Jerome Powell says the central bank is not growing more tolerant of higher inflation even though the latest policymaker projections

Fed's balancing act could see June rate cut in play even with sticky inflation
Business|Economy|Finance|Stock Markets|US

Morning Bid: Unrushed Fed sees out buoyant Q1, dollar revs up

A look at the day ahead in U.S. and global markets from Mike Dolan With Wall St set for its final trading day of a bumper first quarter, the Federal Reserve seems in "no rush" to lower interest rates

Morning Bid: Unrushed Fed sees out buoyant Q1, dollar revs up
Business|Economy|Finance|Stock Markets|US

How the US stock market rocketed through the first quarter

The U.S. stock market is off to a soaring start in 2024, as optimism over the economy and interest rate cuts has combined with exuberance about the business

How the US stock market rocketed through the first quarter
Business|Economy|Finance|Stock Markets|US

Futures recover; focus shifts to Fed officials' comments

U.S. stock index futures rebounded on Wednesday after ending lower in the last session, as investors shifted focus to comments from Federal Reserve officials to gauge the central bank's

Futures recover; focus shifts to Fed officials' comments
Economy|Finance|Stock Markets|US

Futures range-bound ahead of long weekend break

U.S. stock index futures were lackluster on Thursday as investors awaited more data to gauge the state of the economy and the Federal Reserve's policy path, though activity is expected to

Futures range-bound ahead of long weekend break
Uncategorized

Fed's Waller still sees 'no rush' to cut rates amid sticky inflation data

By Michael S.

Fed's Waller still sees 'no rush' to cut rates amid sticky inflation data
Business|Economy|Finance|Stock Markets|US

Futures rise as megacap, chip stocks bounce

U.S. stock index futures ticked up on Tuesday as most megacap and chip stocks advanced, while investors readied for more data to assess the Federal Reserve's rate path in a week curtailed

Futures rise as megacap, chip stocks bounce
Uncategorized

Fed says official net negative income was $114.3 billion in 2023

By Michael S.

Fed says official net negative income was $114.3 billion in 2023
Business|Economy|Finance|News|Stock Markets|US

Futures ease at start of holiday-shortened week

U.S. stock index futures edged lower at the start of a holiday-shortened week on Monday, as investors look ahead to speeches from Federal Reserve officials and a key inflation marker later

Futures ease at start of holiday-shortened week
Business|Economy|Finance|US

Fed's Goolsbee says he sees three rate cuts this year

Chicago Federal Reserve Bank President Austan Goolsbee said on Monday that at the Federal Reserve's policy meeting last week he penciled in three rate cuts for this year.

Fed's Goolsbee says he sees three rate cuts this year
Business|Economy|Finance|US

Fed's Cook says cautious approach needed to policy easing

The U.S. central bank needs to proceed carefully as it decides when to begin cutting interest rates, Federal Reserve Governor Lisa Cook said on Monday,

Fed's Cook says cautious approach needed to policy easing
News|US

Federal Reserve expected to cut rates, lift Biden's prospects

The U.S.

Federal Reserve expected to cut rates, lift Biden's prospects
Business|Economy|Finance

Dollar dips, yen draws support from Tokyo's jawboning

The dollar was on the back foot on Tuesday, owing to profit taking and pressured in part by a slightly stronger yen as Japanese government officials continued with

Dollar dips, yen draws support from Tokyo's jawboning
Business|Finance|Stock Markets|US

Futures tick up after Wall Street hits record highs

U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and

Futures tick up after Wall Street hits record highs
Business|Economy|News|US

Fed Chair Powell says pandemic has had lasting effects on economy

Federal Reserve Chair Jerome Powell on Friday opened a "Fed Listens" event on how Americans are experiencing the economy, saying the pandemic has had "lasting" effects and that to make

Fed Chair Powell says pandemic has had lasting effects on economy
Business|Economy|Finance|Stock Markets|Technology|US

Broadening US market rally gets boost from dovish Fed

A reassuring economic outlook and dovish signals from the Federal Reserve are encouraging investors to look beyond the massive growth and technology stocks that

Broadening US market rally gets boost from dovish Fed
Business|Economy|Finance|News|US

US weekly jobless claims unexpectedly fall

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting that job growth remained strong in March.

US weekly jobless claims unexpectedly fall
Business|Economy|Finance|US

US business activity stable in March; inflation picks up

U.S. business activity held steady in March, but prices increased across the board, suggesting that inflation could remain elevated after picking up at the start of the year.

US business activity stable in March; inflation picks up
Business|Finance|Stock Markets|US

UBS Global Research pushes back Fed rate cut expectation to June

UBS Global Research now expects the Federal Reserve to start cutting interest rates from June, a month later that its previous prediction and in line with other brokerages' forecasts, it

UBS Global Research pushes back Fed rate cut expectation to June
Business|Economy|Finance|Stock Markets|US

Morning Bid: Markets feed off unfased Fed and SNB jumps gun

A look at the day ahead in U.S. and global markets from Mike Dolan With markets already cheering the Federal Reserve's restated consensus on three interest rate cuts later this year, the Swiss

Morning Bid: Markets feed off unfased Fed and SNB jumps gun
Business|Finance|Stock Markets|US

Futures gain as Fed sticks to rate cut projections; Micron rally lifts chipmakers

U.S. stock index futures rose on Thursday as chipmakers tracked sharp gains in Micron Technology and investors took comfort in the Federal Reserve sticking to its three-rate-cut view for

Futures gain as Fed sticks to rate cut projections; Micron rally lifts chipmakers
Economy|News|US

Fed's dovish pivot 'inertia' may spell trouble for long-term bonds, BlackRock says

Longer-term U.S.

Fed's dovish pivot 'inertia' may spell trouble for long-term bonds, BlackRock says
Business|Finance|Stock Markets|US

Analysis-Steady Fed outlook boosts stock market's hopes for coveted 'soft landing'

A U.S. stock market perched at record highs received an encouraging message from the Federal Reserve, after the central bank

Analysis-Steady Fed outlook boosts stock market's hopes for coveted 'soft landing'
Business|Economy|Finance|Stock Markets|US

Policy uncertainty drives investors into US medium-term bond funds

Investors are flocking to U.S. medium-term government bond funds and helping push their assets to record highs, as uncertainty about the Federal Reserve's

Policy uncertainty drives investors into US medium-term bond funds
Business|Economy|Finance|US

Morning Bid - G7 disinflation cheer as Fed decides

A look at the day ahead in U.S. and global markets from Mike Dolan However the Federal Reserve spins it later, there's some relief in other G7 economies at least that the disinflation process hasn't

Morning Bid - G7 disinflation cheer as Fed decides
Business|Economy|Finance

Fed's rate-cut confidence likely shaken but not yet broken by inflation

Federal Reserve officials left their policy meeting in late January in search of "greater confidence" that inflation was on a sustainable downward path, a

Fed's rate-cut confidence likely shaken but not yet broken by inflation
News|US

Fed's Powell says balance sheet drawdown taper coming soon

U.S.

Fed's Powell says balance sheet drawdown taper coming soon
Business|Economy|Finance|US

Fed policymakers stick to three-rate-cut view in '24, but barely

U.S. central bankers still anticipate cutting interest rates three times this year, according to the median of new economic projections published on Wednesday, but

Fed policymakers stick to three-rate-cut view in '24, but barely
Business|Economy|Finance|Stock Markets|US

Fed leaves rates alone and holds view on 2024 cuts in face of elevated inflation

The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still expect to reduce them by three-quarters of a percentage point by the end of 2024 despite

Fed leaves rates alone and holds view on 2024 cuts in face of elevated inflation
Business|Economy|Finance|Stock Markets|US

Dollar slips as Fed stays the course; Aussie jumps on jobs data

The dollar fell broadly on Thursday after the U.S.

Dollar slips as Fed stays the course; Aussie jumps on jobs data
Uncategorized

Amid forecast shift, Fed's Powell flags uncertainty over longer-run outlook

By Michael S.

Amid forecast shift, Fed's Powell flags uncertainty over longer-run outlook
Asia|Economy|Finance

Morning bid: Yen hurtles toward historic low, Fed in focus

A look at the day ahead in Asian markets.

Morning bid: Yen hurtles toward historic low, Fed in focus
Business|Economy|Finance|Stock Markets|US

Morning Bid - Japan returns from upside-down world, AI fizzes

A look at the day ahead in U.S. and global markets from Mike Dolan If just two years ago, you'd imagined the day the Bank of Japan ended its negative interest rate era, you'd probably not have put the

Morning Bid - Japan returns from upside-down world, AI fizzes
Finance|News|Stock Markets|US

US yields nearing level that could pressure stocks, Morgan Stanley says

U.S. stocks have climbed this year despite rising Treasury yields, but equities could become more sensitive if yields push higher from current levels, Morgan

US yields nearing level that could pressure stocks, Morgan Stanley says
Business|Economy|Finance|News|Stock Markets|US

S&P 500, Nasdaq futures tick up ahead of Fed meeting, AI conference

Futures tracking the S&P 500 and the Nasdaq rose on Monday ahead of the Federal Reserve's meeting this week, where it is expected to keep borrowing costs steady and provide cues on its

S&P 500, Nasdaq futures tick up ahead of Fed meeting, AI conference
Uncategorized

More Americans tried for mortgage loans in February, NY Fed report finds

By Michael S.

More Americans tried for mortgage loans in February, NY Fed report finds
Business|Economy|Finance|US

Inflation frustration may prompt Fed to dial back rate-cut outlook

U.S. central bankers are not expected to cut borrowing costs this week, but their new economic projections may be a wild card, potentially signaling fewer interest rate cuts

Inflation frustration may prompt Fed to dial back rate-cut outlook
Economy|News|US

US import prices rise moderately in February

U.S. import prices increased marginally in February as a surge in the cost of petroleum products was partially offset by modest gains elsewhere, which bodes well for the

US import prices rise moderately in February
Business|Economy|Finance|US

Morning Bid: Treasuries torpedoed, Tesla tanked

A look at the day ahead in U.S. and global markets from Mike Dolan With next week's Federal Reserve meeting up close and personal - once a hot favourite date for a first rate cut - this is not the

Morning Bid: Treasuries torpedoed, Tesla tanked
Business|Economy|Finance|Stock Markets

Global equity funds draw big inflows as investors eye central bank signals

Global equity funds saw notable inflows in the week to March 13 as investors focused on strong global stock performances, overlooking inflation concerns ahead of the Federal Reserve

Global equity funds draw big inflows as investors eye central bank signals
Business|Economy|Finance|Stock Markets|US

Futures nearly flat ahead of Fed meet next week

U.S. stock index futures were little changed on Friday as investors braced for a Federal Reserve meeting next week that could provide clues on the timing of the central bank's interest-

Futures nearly flat ahead of Fed meet next week
Economy|Finance|News|US

Column-Fed's new neutral may be one FOMC takeaway: Mike Dolan

Next week's Federal Reserve meeting has lost the heat it once had as a likely moment for the central bank's first interest rate cut - but it could shine a big light on

Column-Fed's new neutral may be one FOMC takeaway: Mike Dolan
Business|Economy|Finance|News|US

Traders stick to bets on June Fed rate cut after economic data

Stronger than expected producer prices and weaker-than-expected consumer spending reported Thursday did little to budge financial market bets on a June start to Federal Reserve interest-

Traders stick to bets on June Fed rate cut after economic data
Business|Finance|Stock Markets|US

JPMorgan to pay nearly $350 million in penalties for inadequate trade reporting

JPMorgan Chase & Co has been fined $348.2 million by a pair of U.S. bank regulators over its inadequate program to monitor firm and client trading activities for market

JPMorgan to pay nearly $350 million in penalties for inadequate trade reporting
Economy|Finance|News|US

Gasoline, food boost US producer prices in February

U.S. producer prices increased more than expected in February amid a surge in the cost of goods like gasoline and food, which could fan fears that inflation was picking up again

Gasoline, food boost US producer prices in February
Business|Economy|Finance|Stock Markets

Futures rise in run-up to inflation figures, retail sales data

Futures tracking Wall Street's main stock indexes advanced on Thursday as investors awaited a raft of economic data, including the producer

Futures rise in run-up to inflation figures, retail sales data
Business|Economy|Finance|US

US small business optimism falls to lowest in 9 months, NFIB says

U.S. small business sentiment fell in February to the lowest level since May due to continued concerns around inflation, according to a report published on Tuesday

US small business optimism falls to lowest in 9 months, NFIB says
Economy|Finance|News

Traders keep bets on June for first Fed rate cut after inflation data 

Federal Reserve policymakers are still seen starting interest-rate cuts in June, even as a government report showed consumer prices rose last month more than expected, based on prices of

Traders keep bets on June for first Fed rate cut after inflation data 
Business|Economy|Finance|Stock Markets|US

Sticky Feb US CPI inflation raises questions about June Fed cut

U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June

Sticky Feb US CPI inflation raises questions about June Fed cut
Economy|Finance|US

S&P 500, Nasdaq futures edge higher ahead of key inflation test

S&P 500 and Nasdaq futures inched up on Tuesday ahead of U.S. consumer prices data that could provide insight on whether inflation has eased enough for the Federal Reserve to lower

S&P 500, Nasdaq futures edge higher ahead of key inflation test
Business|Economy|Finance|News

Oil prices up on strong US demand, Fed signals in focus

Oil prices rose on Wednesday on expectations of strong global demand, including in the world's top consumer the United States, and as even somewhat sticky U.S.

Oil prices up on strong US demand, Fed signals in focus
Economy|Finance|US

Inverted yield curve no longer reliable recession flag, strategists say: Reuters poll

A key indicator of an oncoming recession implied by the U.S. bond market is no longer reliable, according to nearly two-thirds of strategists polled by Reuters

Inverted yield curve no longer reliable recession flag, strategists say: Reuters poll
Economy|Finance|News|US

Gasoline, shelter costs lift US consumer prices in February

U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June

Gasoline, shelter costs lift US consumer prices in February
Business|Economy|Finance|Stock Markets|US

Options players ready for market swings after US inflation data

Traders in the U.S. equity options market have grown skittish ahead of Tuesday's release of inflation data that could sway the Federal Reserve's monetary

Options players ready for market swings after US inflation data
Uncategorized

NY Fed: Consumer outlook on longer-term inflation hit snag in February

By Michael S.

NY Fed: Consumer outlook on longer-term inflation hit snag in February
Business|Economy|Europe|Finance|News

Morning Bid: Accentuating the positive at the BOJ

A look at the day ahead in European and global markets from Wayne Cole. So Japan isn't in recession after all.

Morning Bid: Accentuating the positive at the BOJ
Business|Economy|Finance|US

Fed projections to show if rate cut outlook stays intact through strong data

No one expects the Federal Reserve to change interest rates at next week's policy meeting, but whether officials hold to their previous rate-cutting outlook

Fed projections to show if rate cut outlook stays intact through strong data
Business

Emergency Fed bank effort ends lending, as eyes turn to discount window

By Michael S.

Emergency Fed bank effort ends lending, as eyes turn to discount window
Business|Economy|Finance|US

Dollar on guard; BOJ speculation keeps yen supported

The dollar held broadly steady on Tuesday ahead of key U.S. inflation data due later in the day, while the yen firmed near a one-month high on mounting expectations

Dollar on guard; BOJ speculation keeps yen supported
Asia|Business|Finance|Stock Markets|US

Asia shares slip, yen firms as Japan GDP data revised up

Asian share markets followed Wall Street lower on Monday while the dollar looked vulnerable ahead of a reading on U.S. inflation that could hasten, or delay, the start

Asia shares slip, yen firms as Japan GDP data revised up
Business|Economy|Finance|Stock Markets|US

US bond funds attract biggest weekly inflow since mid-2021 on rate cut hopes

U.S. bond funds racked up large inflows in the seven days to March 6 as weaker manufacturing data and dovish comments from Federal Reserve officials raised expectations for interest rate

US bond funds attract biggest weekly inflow since mid-2021 on rate cut hopes
Economy|Finance|News|Stock Markets|US

Futures steady before key payrolls test

U.S. stock index futures were subdued on Friday following a sharp overnight rally on Wall Street, as investors braced for a crucial labor market report that could determine the Federal

Futures steady before key payrolls test
Uncategorized

Fed's Williams: Neutral rate is likely still low

By Michael S.

Fed's Williams: Neutral rate is likely still low
Business|Economy|Finance|US

Fed gets another reason not to rush on rate cuts

Federal Reserve policymakers weighing when to start interest-rate cuts got another reason Friday to sit tight for now, after a government report showed

Fed gets another reason not to rush on rate cuts
Economy|Finance|US

Feb US payrolls show labor market healthy but not overly tight

U.S. job growth accelerated in February, but a rise in the unemployment rate and moderation in wage gains kept on the table an anticipated interest rate cut in June from the Federal

Feb US payrolls show labor market healthy but not overly tight
Business|Economy|Finance|US

Dollar droops ahead of payrolls

The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome Powell sounded more confident about cutting interest rates

Dollar droops ahead of payrolls
Business|Economy|Finance|Stock Markets|US

Vanguard considering more credit exposure hedges despite bullish outlook

Top U.S. asset manager Vanguard is bullish on the corporate bond market but has been hedging against a hard landing for the U.S.

Vanguard considering more credit exposure hedges despite bullish outlook
Economy|Finance|US

Powell says Fed not "remotely close" to a central bank digital currency

Federal Reserve Chairman Jerome Powell significantly downplayed the possibility of the central bank issuing its own digital currency, and said if it ever came

Powell says Fed not "remotely close" to a central bank digital currency
Business|Finance|News|Stock Markets|US

Morning Bid: Brighter mood as ECB meets, yen knocks Nikkei

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's early-week wobble seems to have stabilised as Federal Reserve Chair Jerome Powell plays it straight on Capitol Hill,

Morning Bid: Brighter mood as ECB meets, yen knocks Nikkei
Business|Economy|Finance|News|US

Fed's Powell says aware of policy risks to workers, but cuts depend on inflation

Federal Reserve Chair Jerome Powell told U.S. lawmakers on Thursday the central bank was "well aware" of the risks its tough monetary policy posed to workers

Fed's Powell says aware of policy risks to workers, but cuts depend on inflation
Uncategorized

Fed's Mester still sees rate cuts later this year

By Michael S.

Fed's Mester still sees rate cuts later this year
Business|Economy|Finance|News|US

Fed's Kashkari sees two rate cuts at most this year

Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday signaled that stronger economic data since the start of the year will likely make it appropriate for the Fed to cut

Fed's Kashkari sees two rate cuts at most this year
Business|Economy|Finance|US

Fed's Bowman: "Not yet" ready for rate cuts, willing to hike again if needed

The U.S. economy is not at the point where the Federal Reserve should reduce interest rates, Fed Governor Michelle Bowman said on Thursday, and while the

Fed's Bowman: "Not yet" ready for rate cuts, willing to hike again if needed
Uncategorized

Fed report says small businesses faced financial, inflation challenges in 2023

By Michael S.

Fed report says small businesses faced financial, inflation challenges in 2023
Business|Economy|Finance|News|US

US job openings fall marginally in January

U.S. job openings fell marginally in January, while hiring declined as labor market conditions continue to gradually ease.

US job openings fall marginally in January
Business|Economy|Finance|News|US

U.S. economic activity increased slightly in recent weeks, Fed survey shows

U.S. economic activity increased slightly from early January through late February while inflation and the jobs market gave a mixed picture on how quickly they will

U.S. economic activity increased slightly in recent weeks, Fed survey shows
Business|Economy|Finance|US

U.S. dollar's strength to persist as markets eye cautious Fed - Reuters poll

A strong U.S. dollar will maintain the status quo in the near term, as markets brace for a risk the Federal Reserve's first interest rate cut

U.S. dollar's strength to persist as markets eye cautious Fed - Reuters poll
Business|Economy|Finance|US

Powell says he expects "broad, material" changes to Basel proposal

Federal Reserve Chairman Jerome Powell said he expects bank regulators will adopt "broad, material" changes to a contentious plan to raise large bank capital

Powell says he expects "broad, material" changes to Basel proposal
Business|Economy|Finance|US

NY Fed says supply chain pressures ticked up small amount in February

Supply chain pressures picked up modestly last month, the Federal Reserve Bank of New York said in a report Wednesday.

NY Fed says supply chain pressures ticked up small amount in February
Business|Economy|Finance|News|Stock Markets|US

Marketmind: Powell tees up after megacaps scatter

A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks' worst day in almost three weeks sets the backdrop for Wednesday's congressional testimony from Federal Reserve chair

Marketmind: Powell tees up after megacaps scatter
Business|Economy|Finance|News|Stock Markets|US

Futures gain ahead of Powell's testimony, economic data

U.S. stock index futures rose on Wednesday as investors await testimony by Federal Reserve Chair Jerome Powell before Congress that could help determine the central bank's monetary policy

Futures gain ahead of Powell's testimony, economic data
Business|Economy|Finance|Stock Markets|US

Fed's Powell to set election year stage with testimony on rate cuts, inflation

With asset values from stocks to crypto to homes piling higher, inflation still considered too high, and worries of "exuberance" creeping into the

Fed's Powell to set election year stage with testimony on rate cuts, inflation
News|US

Fed's Powell sees US cuts in 2024 but inflation progress a risk

U.S.

Fed's Powell sees US cuts in 2024 but inflation progress a risk
Entertainment|News

Fed's Powell: Don't expect a soft landing victory lap

The soft landing, it appears, will not be televised.

Fed's Powell: Don't expect a soft landing victory lap
News

Fed's Powell: Climate change real, but not focus of Fed's mission

By Michael S.

Fed's Powell: Climate change real, but not focus of Fed's mission
Business|Economy|Finance|News|US

Fed 'focused and resolute' on beating inflation, Daly says

San Francisco Federal Reserve Bank President Mary Daly on Wednesday said the U.S. central bank is committed to "finishing the job" on attaining price stability, particularly with rising

Fed 'focused and resolute' on beating inflation, Daly says
Economy|Finance|News|US

Column-Sturdy US private finances bolster 'no landing' view: McGeever

Murmurs are growing that the Federal Reserve might resist cutting interest rates at all this year as corporate and household balance sheets look to have

Column-Sturdy US private finances bolster 'no landing' view: McGeever
Business|Economy|Finance|Stock Markets|US

Column-Channelling Greenspan, Powell's exuberance moment? :Mike Dolan

The Federal Reserve may finally have interest rate markets back in the palm of its hand - but it's surely casting a wary eye on effervescent stocks that seem oblivious

Column-Channelling Greenspan, Powell's exuberance moment? :Mike Dolan
Business|Economy|Finance|News|Stock Markets|US

Analysis-'Worst case’ inflation fears threaten bond market calm as Powell addresses lawmakers

An uneasy calm that has pervaded the U.S. bond market could break in coming days, as looming data on employment and consumer prices shed more

Analysis-'Worst case’ inflation fears threaten bond market calm as Powell addresses lawmakers
Economy|Finance|News|Stock Markets|US

Futures ease ahead of economic data, megacap growth stocks slide

U.S. stock index futures dipped on Tuesday as investors awaited a slew of economic data and several key events this week, including appearances from Federal Reserve Chair Jerome Powell.

Futures ease ahead of economic data, megacap growth stocks slide
Business|Economy|Finance|Stock Markets|US

Marketmind: Stocks hold records with Powell in view, Nikkei tops 40k

A look at the day ahead in U.S. and global markets from Mike Dolan Record tech-led U.S. and world stock indexes, a recoil in Treasury bond yields and the prospect of fresh Chinese stimulus make for a

Marketmind: Stocks hold records with Powell in view, Nikkei tops 40k
Business|Finance|Stock Markets|US

Futures lose steam after Wall St rally; jobs data, Powell hearing on tap

U.S. stock index futures were muted on Monday after the S&P 500 and the Nasdaq's record-closing highs in the prior session, as investors paused at the start of a week packed with key jobs

Futures lose steam after Wall St rally; jobs data, Powell hearing on tap
News|US

Fed's Bostic: No urgency to cut interest rates given US economy's strength

The U.S.

Fed's Bostic: No urgency to cut interest rates given US economy's strength
Economy|Finance|US

Dollar eases as Fed clues awaited; bitcoin hits 2-year high

The U.S. dollar drifted weaker on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of

Dollar eases as Fed clues awaited; bitcoin hits 2-year high
Business|Economy|Finance|Stock Markets|US

US home prices to grind higher as cheap mortgage holders stay put: Reuters poll

U.S. home prices will rise steadily over the next few years amid prospects for modest interest rate cuts by the Federal Reserve and as many

US home prices to grind higher as cheap mortgage holders stay put: Reuters poll
Business|Economy|Finance|News

QT not quite "paint drying," but having little impact so far -research

The move by major central banks to reduce their asset holdings, begun in 2022 as part of their inflation fight, has had only a modest impact on interest rates

QT not quite "paint drying," but having little impact so far -research
Business|Economy|Finance|US

Fed's Waller: Upcoming balance sheet decisions have no bearing on monetary policy

The Federal Reserve's upcoming decisions about the ultimate size of its balance sheet has no bearing on the central bank's inflation fight or changes to its

Fed's Waller: Upcoming balance sheet decisions have no bearing on monetary policy
News|US

Fed's Logan: Fed will feel its way to balance sheet limit

The U.S.

Fed's Logan: Fed will feel its way to balance sheet limit
Business|Economy|Finance|US

Fed's Kugler 'optimistic' on disinflation without big job losses

Federal Reserve Governor Adriana Kugler on Friday signaled she sees the elusive "soft landing" of falling inflation amidst a healthy labor market within reach for the U.S. economy, noting

Fed's Kugler 'optimistic' on disinflation without big job losses
Business|Economy|Finance

Fed's Barkin: I still see wage, inflation pressures

Price increase pressures still exist in the U.S. economy and it is too soon to predict when the Federal Reserve will be able to begin to cut its benchmark interest rate, Richmond Federal

Fed's Barkin: I still see wage, inflation pressures
Uncategorized

Fed monetary policy report warns on financial sector vulnerabilities

By Michael S.

Fed monetary policy report warns on financial sector vulnerabilities
Business|Economy|Finance|News|US

US inflation increases in line with expectations in January

U.S. prices picked up in January, but the annual increase in inflation was the smallest in nearly three years, keeping a June interest rate cut from the Federal Reserve on the

US inflation increases in line with expectations in January
Economy|Election|News|US

Take Five: Never a dull moment

U.S. jobs data, testimony by the Federal Reserve chief, a key date in the U.S. election calendar and President Joe Biden's State of the Union address all in one week.

Take Five: Never a dull moment
Economy|Finance|Stock Markets|US

Futures ease as caution prevails ahead of inflation data

U.S. stock index futures dipped on Thursday as investors refrained from making big bets ahead of key inflation data that could hold the key to the timing of interest rate cuts by the

Futures ease as caution prevails ahead of inflation data
Uncategorized

Fed's Williams reiterates rate cut likely later this year

By Michael S.

Fed's Williams reiterates rate cut likely later this year
Business|Economy|Finance|US

Fed's Goolsbee: policy 'restrictive,' more disinflation likely

Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said he believes last year's improvements in the supply of goods and labor set the stage for further

Fed's Goolsbee: policy 'restrictive,' more disinflation likely
Economy|Finance|US

Fed rate cut seen on track for June even as inflation bumps up

An increase in U.S. inflation last month that was largely in line with expectations likely won't change the calculus for U.S. central bankers weighing when to deliver a first

Fed rate cut seen on track for June even as inflation bumps up
Economy

Analysis-Fed's balance sheet endgame may play out over a longer-than-expected horizon

By Davide Barbuscia and Michael S.

Analysis-Fed's balance sheet endgame may play out over a longer-than-expected horizon
Business|Economy|Finance|US

U.S. oil futures settle lower as Fed takes stock before cutting rates

U.S. crude oil futures settled lower on Wednesday after the Federal Reserve held firm on its decision to hold off cutting U.S. interest rates in the near

U.S. oil futures settle lower as Fed takes stock before cutting rates
US

Fed's Williams: Still ways to go to achieve 2% inflation goal

By Michael S. Derby GARDEN CITY, N.Y.

Fed's Williams: Still ways to go to achieve 2% inflation goal
Business|Economy|Finance|US

Fed's Collins repeats it is 'likely' rate cuts will begin this year

The Federal Reserve will likely need to start cutting its benchmark overnight lending rate later this year, Boston Fed Bank President Susan Collins said on Wednesday.

Fed's Collins repeats it is 'likely' rate cuts will begin this year
Business

Analysis - Supply still matters: Why US housing inflation relief may be short-lived

U.S.

Analysis - Supply still matters: Why US housing inflation relief may be short-lived
Business|Economy|Finance|US

In the Market: Banks warily warm up to Fed repo backstop

Banks are finally signing up for a U.S.

In the Market: Banks warily warm up to Fed repo backstop
Business|Economy|Finance|Stock Markets|US

Futures edge up ahead of economic data

U.S. stock index futures were rangebound on Tuesday as investors awaited a crucial inflation report and other economic data that would shape expectations for interest rate cuts from the

Futures edge up ahead of economic data
Business|Economy|Finance|US

Fed's Schmid: No need to 'preemptively' cut rates

Kansas City Federal Reserve Bank President Jeffrey Schmid on Monday used a debut speech on policy to signal that he, like most of his central banking colleagues, is in no rush to cut

Fed's Schmid: No need to 'preemptively' cut rates
Economy|Finance|News|US

Fed's Bowman says she will stay 'cautious' on monetary policy

Federal Reserve Governor Michelle Bowman on Tuesday signaled she is in no rush to cut U.S. interest rates, particularly given upside risks to inflation that could stall progress or even

Fed's Bowman says she will stay 'cautious' on monetary policy
Business|Economy|Finance|Stock Markets|US

Futures muted as traders buckle up for inflation test

U.S. stock index futures were subdued on Monday after last week's scorching AI-driven rally as investors once again shifted their focus to the Federal Reserve's monetary policy path and

Futures muted as traders buckle up for inflation test
Business|Economy|Finance|US

Analysis-'Slam dunk' Treasury trade becomes test of patience as yields march higher

A sell-off in the U.S. government bond market is picking up speed, as a strong economy whittles away at hopes for imminent interest rate cuts from the Federal

Analysis-'Slam dunk' Treasury trade becomes test of patience as yields march higher
Business|Economy|Finance|Stock Markets|US

U.S. investors retreat from equity funds on rate cut uncertainty

U.S. investors were net sellers of equity funds in the week to Feb. 21 as stubborn inflation reduced expectations the Federal Reserve would deliver a rates cut soon.

U.S. investors retreat from equity funds on rate cut uncertainty
Business|Finance|News|Stock Markets|US

Soaring US stocks could take cues from Fed as earnings wind down

Strong corporate results have helped fuel the S&P 500’s climb to new highs this year, taking the focus away from the Federal Reserve’s tortuous path towards

Soaring US stocks could take cues from Fed as earnings wind down
Business|Finance|News|Stock Markets|US

Marketmind: Record world stocks leave bonds in gloom

A look at the day ahead in U.S. and global markets from Mike Dolan Global stocks captured by MSCI's all-country index surpassed 2022's peaks on Friday and soared to new records - leaving bonds unloved

Marketmind: Record world stocks leave bonds in gloom
Economy|Finance|News|US

Fed's Williams: rate cuts likely appropriate 'later this year' 

New York Federal Reserve Bank President John Williams sees the U.S. central bank on track for  interest-rate cuts "later this year," despite stronger-than-expected readings on inflation

Fed's Williams: rate cuts likely appropriate 'later this year' 
News|US

Fed cautious on a rate cut case that has yet to be made

U.S.

Fed cautious on a rate cut case that has yet to be made
Business|Economy|Finance|News|US

US weekly jobless claims unexpectedly fall

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting that job growth likely remained solid in February.

US weekly jobless claims unexpectedly fall
Business|Economy|Finance|US

US business activity moderates in February - S&P Global survey

U.S. business activity cooled in February and there was encouraging news on inflation, with a measure of prices paid for inputs falling to the lowest level in nearly 3-1/2 years

US business activity moderates in February - S&P Global survey
Business|Finance|Stock Markets|US

S&P 500 to end 2024 with small gain after strong 2023: Reuters poll

The S&P 500 will finish this year above the 5,000 mark, but up just a little more than 2% from its current level, as it remains unclear when the Federal

S&P 500 to end 2024 with small gain after strong 2023: Reuters poll
Finance|Stock Markets|US

Goldman Sachs no longer expects US interest rate cut in May

Goldman Sachs' analysts no longer expect a U.S. interest rate cut in May and see four 25 basis point cuts this year, as policymakers' rhetoric suggests they are in no rush.

Goldman Sachs no longer expects US interest rate cut in May
Economy|Finance|US

Fed's Jefferson says he is 'cautiously optimistic' about inflation

Federal Reserve Vice Chair Philip Jefferson said on Thursday he remained "cautiously optimistic" about the U.S. central bank's progress in bringing inflation

Fed's Jefferson says he is 'cautiously optimistic' about inflation
Business

Fed's Harker: Central bank likely on track for rate cut this year

By Michael S.

Fed's Harker: Central bank likely on track for rate cut this year
News|Uncategorized|US

Fed's Cook: need more confidence on inflation before cutting rates

U.S.

Fed's Cook: need more confidence on inflation before cutting rates
Economy|Finance|News|US

US inflation data for January made Fed's job 'harder,' Barkin says

Inflation data in January, with consumer and wholesale prices rising faster than anticipated, complicate upcoming U.S. central bank interest rate decisions,

US inflation data for January made Fed's job 'harder,' Barkin says
Business|Economy|Finance|US

S&P expects US real GDP growth of 2.4% in 2024

Ratings agency S&P Global said on Wednesday it now expects U.S. real GDP growth of 2.4% in 2024.

S&P expects US real GDP growth of 2.4% in 2024
Uncategorized

Fed officials ready to start full tilt balance sheet debate at March FOMC

By Michael S.

Fed officials ready to start full tilt balance sheet debate at March FOMC
Economy|Finance|News|US

Fed concerned about cutting rates too soon, minutes of Jan. 30-31 meeting show

The bulk of policymakers at the Federal Reserve's last meeting were concerned about the risks of cutting interest rates too soon, with

Fed concerned about cutting rates too soon, minutes of Jan. 30-31 meeting show
Business|Economy|Finance

Dollar rangebound, an array of PMI data awaited

The dollar held broadly steady on Thursday as traders awaited a slew of business activity surveys to gauge the health of major economies and what that may mean for the

Dollar rangebound, an array of PMI data awaited
News|US

US Supreme Court weighs bid to challenge debit card 'swipe fee' rule

The U.S.

US Supreme Court weighs bid to challenge debit card 'swipe fee' rule
News|US

Fed to cut US rates in June, risks skewed towards later move: Reuters poll

The U.S.

Fed to cut US rates in June, risks skewed towards later move: Reuters poll
Arts|Science

Column-The 'art' of rate cut timing - or clumsy indecision? :Mike Dolan

Art more than science?

Column-The 'art' of rate cut timing - or clumsy indecision? :Mike Dolan
Asia|Business|Economy|Finance|News|Stock Markets

Asian shares ease as early rate cut bets fizzle, focus on Fed minutes

Asian stocks eased on Wednesday as diminishing expectations of early interest rate cuts from the Federal Reserve sapped risk appetite, with investors looking to

Asian shares ease as early rate cut bets fizzle, focus on Fed minutes
Business|Economy|Finance

Oil down in thin trade as US gears up for Presidents' Day

Oil prices edged down on Monday morning as markets digested comments from U.S.

Oil down in thin trade as US gears up for Presidents' Day
Business|Economy|Finance|Stock Markets|US

Traders see rising chance Fed defers first rate cut beyond June

Traders of futures contracts tied to the Federal Reserve policy rate pared bets on Friday that the U.S central bank will start cutting interest rates in June after a government report

Traders see rising chance Fed defers first rate cut beyond June
Business|Economy|Finance|Stock Markets|US

Marketmind: Global stocks at two-year highs, Nikkei skirts record

A look at the day ahead in U.S. and global markets from Mike Dolan A confusing mix of red hot stock markets, chilly U.S. economic updates and hawkish Federal Reserve noises make for a foggy end to the

Marketmind: Global stocks at two-year highs, Nikkei skirts record
Uncategorized

Fed's Bostic open to summer time rate cut - CNBC

By Michael S.

Fed's Bostic open to summer time rate cut - CNBC
Uncategorized

Fed's Bostic: More time needed to weigh prospect of rate cut

By Michael S.

Fed's Bostic: More time needed to weigh prospect of rate cut
Business|Economy|Finance|US

Fed's Bostic: Good liquidity means Fed balance sheet cuts can continue

Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday he sees no reason right now to stop the central bank's ongoing drawdown of liquidity from the market.

Fed's Bostic: Good liquidity means Fed balance sheet cuts can continue
Business|Economy|Finance|US

Fed's Barr says supervisors more aggressive in past year, focused on commercial real estate risk

The Federal Reserve's top regulatory official said Friday that bank supervisors have been flagging problems at banks at a higher rate in the past year, and are "closely focused"

Fed's Barr says supervisors more aggressive in past year, focused on commercial real estate risk
Economy|Finance|News|US

Fed needs time, data, patience on inflation fight: Daly

Despite "remarkable" progress on U.S. inflation, Federal Reserve Bank of San Francisco President Mary Daly said on Friday "there is more work to do" to ensure stable prices - a phrase that

Fed needs time, data, patience on inflation fight: Daly
Business|Economy|Finance|US

US dollar to remain world's reserve currency, Fed's Waller says

Federal Reserve Governor Christopher Waller on Thursday laid out the case for the world's continued reliance on the U.S. dollar and the currency's dominance in international trade, a key

US dollar to remain world's reserve currency, Fed's Waller says
Business|Economy|Finance|US

US dollar falls after retail sales data

The dollar extended losses against a basket of currencies on Thursday after data showed U.S. retail sales dropped more than expected last month, reinforcing expectations of

US dollar falls after retail sales data
Business|Economy|Finance|Stock Markets|US

Futures tepid ahead of economic data

U.S. stock index futures were subdued on Thursday with a slew of economic data reports on the radar, while investors looked ahead to commentary from central bank officials on the timing of

Futures tepid ahead of economic data
Business|Economy|Finance|US

Foreign holdings of US Treasuries surge to all-time high in December -data

Foreign holdings of U.S.

Foreign holdings of US Treasuries surge to all-time high in December -data
Economy|Finance|News|US

Fed Chair Powell to give Congress monetary policy update in early March

Federal Reserve Chair Jerome Powell will give the Senate banking committee its biannual monetary policy update on March 7, a spokeswoman for the committee said. 

Fed Chair Powell to give Congress monetary policy update in early March
Economy|Finance|US

Column-The dollar's 'smile' looks painted on: McGeever

Only a return of more aggressive Fed easing speculation or a switch out of relatively expensive U.S. stocks seems likely to wipe the dollar's smile off

Column-The dollar's 'smile' looks painted on: McGeever
Asia|Business|Economy|Finance|Stock Markets|US

Oil prices fall on sticky inflation, bigger-than-expected US crude stock build

Oil prices fell in early Asian trade on Wednesday after a U.S. industry group reported crude stocks rose more than expected last week and as investors reined in

Oil prices fall on sticky inflation, bigger-than-expected US crude stock build
Business|Economy|Finance|Stock Markets|US

Marketmind: 'No Landing' scenarios swirl as markets recoil

A look at the day ahead in U.S. and global markets from Mike Dolan If the U.S. economy is still so strong that robust demand won't allow inflation to return to the Federal Reserve's 2% target, there's

Marketmind: 'No Landing' scenarios swirl as markets recoil
Economy|Finance|Stock Markets|US

Futures climb after Wall St sell-off; rate-cut jitters loom

U.S. stock index futures recovered some ground on Wednesday from a sharp sell-off in the previous session, as data showed inflation did not cool as expected, fanning uncertainty on the

Futures climb after Wall St sell-off; rate-cut jitters loom
Economy|Finance|News|US

Fed's Waller says post-pandemic response to inflation was 'not textbook'

The Federal Reserve bound itself to promises during the coronavirus pandemic that proved too constraining once inflation started to surge, forcing the U.S.

Fed's Waller says post-pandemic response to inflation was 'not textbook'
Economy|Finance|News|US

Fed's Barr: January data shows path to 2% inflation will be "bumpy"

Hotter-than-expected inflation in January shows that the U.S.'s path back to 2% inflation "may be a bumpy one," Fed Vice Chair for Supervision Michael Barr

Fed's Barr: January data shows path to 2% inflation will be "bumpy"
Business|Economy|Finance|US

Dollar reigns supreme as hot CPI cools bets for Fed cuts

The dollar traded near three-month highs to major peers on Wednesday as traders pushed back bets for a first Federal Reserve interest rate cut following

Dollar reigns supreme as hot CPI cools bets for Fed cuts
Business|Economy|Finance|Stock Markets|US

Analysis-Investors hope strong US economy can insulate stocks from yield surge

As Treasury yields march higher, some investors are betting a resilient U.S. economy and moderating inflation can shield stocks from their

Analysis-Investors hope strong US economy can insulate stocks from yield surge
Economy|Finance|News|US

Warm Jan US CPI reinforces that inflation still outside Fed comfort zone

U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and healthcare, but the pick-up in inflation likely does not change expectations

Warm Jan US CPI reinforces that inflation still outside Fed comfort zone
Economy|Finance|News|US

Traders bet Fed won't cut rates until June as inflation fails to cool 

Federal Reserve policymakers will probably wait until June before cutting interest rates, traders bet on Tuesday, after a government report showed consumer inflation ran higher than

Traders bet Fed won't cut rates until June as inflation fails to cool 
Business|Finance|US

Sharp US Treasury yield decline on pause as Fed shows patience on rates: Reuter poll

The recent sharp decline in U.S.

Sharp US Treasury yield decline on pause as Fed shows patience on rates: Reuter poll
Uncategorized

NY Fed survey finds stability in January inflation expectations

By Michael S.

NY Fed survey finds stability in January inflation expectations
Business|Finance|Stock Markets|US

Marketmind: 5,000 reasons for optimism

A look at the day ahead in U.S. and global markets by Amanda Cooper. The S&P 500 has finally broken the magic 5,000-level and just as the fourth-quarter results season winds down.

Marketmind: 5,000 reasons for optimism
Business|Economy|Finance|World

IMF's Gopinath urges central banks to move cautiously on any rate cuts

The No. 2 official at the International Monetary Fund on Monday said inflation had come down in many countries and the global economy appeared headed for a soft landing, but

IMF's Gopinath urges central banks to move cautiously on any rate cuts
Business|Economy|Europe|Finance

Marketmind: US inflation looms large with Asia on holiday

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

Marketmind: US inflation looms large with Asia on holiday
Asia|Economy|Finance|Stock Markets|US

Dollar steady, US inflation data tops this week's bill

The dollar was steady on Monday as a holiday in most major Asian markets subdued the start of what could turn into a busy week, with all eyes on U.S. inflation data for clues on

Dollar steady, US inflation data tops this week's bill
Asia|Business|Economy|Finance

Yen near 10-week low, dollar buoyant as traders adjust rate bets

The yen wallowed near a 10-week low on Friday, while the dollar ground towards a fourth weekly advance as traders dialled back bets on how quickly the Bank of Japan

Yen near 10-week low, dollar buoyant as traders adjust rate bets
Business|Economy|Finance|US

US December consumer prices revised lower

U.S. monthly consumer prices rose less than initially estimated in December, revised government data showed on Friday.

US December consumer prices revised lower
Business|Finance|News|Stock Markets|US

Market breadth suggests narrowing rally as S&P 500 hits records

As the S&P 500 has soared to fresh highs, fewer stocks have been participating in the rally, stirring worries that recent gains could reverse if the market’s

Market breadth suggests narrowing rally as S&P 500 hits records
Finance|Stock Markets|US

Futures edge higher ahead of revised 2023 inflation data

U.S. stock index futures edged higher on Friday, a day after the benchmark S&P 500 breached the 5,000-mark for the first time, while investors looked ahead to inflation data for hints on

Futures edge higher ahead of revised 2023 inflation data
Economy|Finance|News|US

Fed's Collins says her baseline expectation is 75 bps of rate cuts this year

Boston Federal Reserve Bank President Susan Collins on Thursday said she believes the U.S. central bank will likely cut interest rates by three-quarters of a percentage point this year,

Fed's Collins says her baseline expectation is 75 bps of rate cuts this year
Business|Economy|Finance|News|US

Fed's Barkin says he's cautious about accuracy of recent economic data

Recent stronger-than-expected data on the U.S. economy may be partly due to the difficulty of making accurate seasonal adjustments around the beginning of a new year, Richmond Federal

Fed's Barkin says he's cautious about accuracy of recent economic data
Economy|Health|News|US

Fed policy shift needs a farewell to 'elevated' inflation

As they navigated the onset of the COVID-19 pandemic Federal Reserve officials had a steady progression of descriptions for inflation, first saying it

Fed policy shift needs a farewell to 'elevated' inflation
Business|Economy|Finance|US

US swap spreads seen widening if Fed QT speculation pans out

An early end or a slowdown in the pace of the Federal Reserve's ongoing balance sheet reduction would cut the supply of U.S. government debt, a move

US swap spreads seen widening if Fed QT speculation pans out
Business|Europe

Marketmind: Waiting for Beijing to get real on markets

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

Marketmind: Waiting for Beijing to get real on markets
Business|Finance|Stock Markets|US

Futures flat with focus on earnings, rate-cut expectations

U.S. stock index futures were muted on Wednesday though shares of Ford and Snap saw significant moves following their quarterly results, while investors were on the look out for clues from

Futures flat with focus on earnings, rate-cut expectations
News|US

Fed's Kugler: "Optimistic" on inflation, though that remains policy focus

U.S.

Fed's Kugler: "Optimistic" on inflation, though that remains policy focus
Uncategorized

Fed's Collins says rate cut could come later this year

By Michael S.

Fed's Collins says rate cut could come later this year
Economy

Fed balance sheet draw down going well - NY Fed staffer

By Michael S.

Fed balance sheet draw down going well - NY Fed staffer
Business|Economy|Finance|US

Column-Get used to bloated Fed balance sheet - it's here to stay: McGeever

The Federal Reserve may have lopped more than $1 trillion off its balance sheet but it's difficult to envisage a scenario where its bond holdings return

Column-Get used to bloated Fed balance sheet - it's here to stay: McGeever
Business|Economy|Finance|News|US

Analysis-Uncertainty creeps back into US Treasury market after Fed, blockbuster data

A rethink on when the Federal Reserve will cut interest rates is reverberating through the fixed income market, heightening risk for those betting the

Analysis-Uncertainty creeps back into US Treasury market after Fed, blockbuster data
Uncategorized

New York Fed finds slightly higher supply chain pressure in January

By Michael S.

New York Fed finds slightly higher supply chain pressure in January
Business|Economy|Finance|News|Stock Markets|US|World

Marketmind: Rates rebound cools, China commands rally

A look at the day ahead in U.S. and global markets from Mike Dolan World markets found their footing again on Tuesday as China's panicky markets staged a sharp rally on reports the government may

Marketmind: Rates rebound cools, China commands rally
Economy|Finance|Stock Markets|US

Futures subdued with focus on pharma earnings, rate expectations

U.S. stock index futures were muted on Tuesday with earnings from pharma companies on the radar, while investors looked ahead to commentary from Federal Reserve officials for clues on the

Futures subdued with focus on pharma earnings, rate expectations
Business|Economy|Finance|News|US

Fed's Mester open to rate cuts if clear inflation is easing further

Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday if the U.S. economy performs as she expects it could open the door to rate cuts, but she’s not ready yet to offer

Fed's Mester open to rate cuts if clear inflation is easing further
Economy

Fed's Harker says 'soft landing' in sight for US economy

By Michael S.

Fed's Harker says 'soft landing' in sight for US economy
Business|Economy|Finance

Dollar remains a force to reckon with; analysts wary of US currency's strength: Reuters poll

A resurgent dollar is more likely to stay strong than not over the coming months, according to foreign exchange strategists polled by Reuters,

Dollar remains a force to reckon with; analysts wary of US currency's strength: Reuters poll
Business|Economy|Finance|Stock Markets|US

US banks see loan demand rising as rates fall in 2024: Fed survey

U.S. banks expect to hold steady or tighten credit standards this year even as they anticipate an increase in demand for loans of all types as interest rates fall, according to a Federal

US banks see loan demand rising as rates fall in 2024: Fed survey
Business|Economy|Finance|News|US

Marketmind: Rough winds do shake the darling buds of May

A look at the day ahead in U.S. and global markets by Alun John Markets, until last week's blowout jobs numbers, were all but certain that the Federal Reserve would have cut interest rates by its May

Marketmind: Rough winds do shake the darling buds of May
Business|Economy|Finance|News|Stock Markets|US

Futures under pressure as Treasury yields climb; earnings on tap

U.S. stock index futures dipped on Monday, pressured by rising Treasury yields, as investors turned cautious on the timing of interest rate cuts while awaiting more quarterly reports from

Futures under pressure as Treasury yields climb; earnings on tap
Economy|Finance|US

Fed's Kashkari: Strong economy means Fed has time to study data before rate cuts

A resilient economy and a possibly higher neutral rate of interest means the U.S.

Fed's Kashkari: Strong economy means Fed has time to study data before rate cuts
Business|Economy|Finance|US

Dollar firms near 3-month high as rate cut bets dwindle

The U.S. dollar was perched near a three-month peak on Tuesday, buoyed by elevated Treasury yields, on growing expectations that the Federal Reserve is unlikely

Dollar firms near 3-month high as rate cut bets dwindle
Economy|Finance|News|US

Deutsche Bank no longer expects U.S. recession in 2024

Deutsche Bank no longer expect the U.S. economy to tip into recession this year, given cooling inflation and the labor market returning to a "better balance" without unemployment rising

Deutsche Bank no longer expects U.S. recession in 2024
Business|Economy|Finance|News|US

US factory orders rise moderately in December

New orders for U.S.-made goods rose just moderately in December, but a pick up is likely in the months ahead as unfilled orders continued to pile up.

US factory orders rise moderately in December
Business|Economy|Finance|US

Scorching US economy throws off market's Fed cut narrative

Robust U.S. economic data is confronting investors with an unexpected question: whether strong growth can keep driving stocks higher even if the Federal Reserve

Scorching US economy throws off market's Fed cut narrative
Economy|Finance|News|US

Fed's Bowman sees inflation falling, calls for caution on rate cuts

Federal Reserve Governor Michelle Bowman on Friday said she expects U.S. inflation to decline further, but flagged worries about upward price pressure from rising wages and warned against

Fed's Bowman sees inflation falling, calls for caution on rate cuts
News|US

Fed can be 'prudent' in weighing rate cuts, Powell tells '60 Minutes'

The U.S.

Fed can be 'prudent' in weighing rate cuts, Powell tells '60 Minutes'
Business|Economy|Finance|Stock Markets

Dollar scales fresh peaks as Fed cut bets recede

The dollar rose to an eight-week high against its major peers on Monday as traders clawed back bets for aggressive rate cuts by the Federal Reserve this year in view

Dollar scales fresh peaks as Fed cut bets recede
Economy|Election|Finance|US

Trump would not reappoint Powell as Fed chief

Former President Donald Trump said he would not reappoint Federal Reserve Chair Jerome Powell if Trump wins this year's presidential election, the Republican frontrunner told Fox Business

Trump would not reappoint Powell as Fed chief
Economy|Finance|News|US

Strong job gains may deal blow to Fed confidence on inflation

Federal Reserve policymakers seeking greater confidence that inflation is on track to their 2% goal were dealt a setback on Friday when new data showed

Strong job gains may deal blow to Fed confidence on inflation
Business|Economy|Finance|US

IMF's Georgieva backs Fed's stance, sees risks in waiting too long to ease rates

International Monetary Fund Managing Director Kristalina Georgieva on Thursday said she anticipates that the Federal Reserve would begin to cut U.S. interest rates in "a matter

IMF's Georgieva backs Fed's stance, sees risks in waiting too long to ease rates
Uncategorized

Fed bank lending facility still key liquidity source despite rate change

By Michael S.

Fed bank lending facility still key liquidity source despite rate change
Business|Economy|Finance|News|Stock Markets|US

Explainer-Charting the Fed's economic data flow

The Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5.50% range at the end of its Jan. 30-31 policy meeting, but said it would consider reducing it once it

Explainer-Charting the Fed's economic data flow
Business|Economy|Finance|US

Dollar poised for weekly decline; US jobs data up next

The dollar fell broadly on Friday in a bout of positive risk sentiment following upbeat big tech earnings on Wall Street, while traders awaited U.S. jobs data due

Dollar poised for weekly decline; US jobs data up next
Finance|News

Column-Dating first rate cuts a 'red herring' for bonds: Mike Dolan

Everyone's guilty of it - but an obsessive guessing game over precise dates for the first central bank interest rate cuts this year seems increasingly pointless to

Column-Dating first rate cuts a 'red herring' for bonds: Mike Dolan
Business|Economy|Finance|US

Analysis-Productivity bump another step for Fed toward inflation "confidence"

U.S. worker productivity gains running well above the long-term average may help buttress the Federal Reserve's faith that inflation is contained and further

Analysis-Productivity bump another step for Fed toward inflation "confidence"
Business|Economy|Finance|Stock Markets|US

Traders pare bets on March start to Fed rate cuts

Traders on Wednesday trimmed bets the Federal Reserve will begin a series of interest-rate cuts as soon as March, and now see a May start to rate cuts as about as likely.   

Traders pare bets on March start to Fed rate cuts
Business|Economy|Finance

Oil edges up on U.S. Fed rate signals, China property sector support

Global oil prices climbed in early trade on Thursday, supported by signals from the U.S.

Oil edges up on U.S. Fed rate signals, China property sector support
Business|Europe|Finance|Stock Markets

Marketmind: For markets, a Fed delay means more in May

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

Marketmind: For markets, a Fed delay means more in May
Business|Economy|Finance|Stock Markets|US

Marketmind: Fed shuffles rate diary, BoE and Apple awaited

A look at the day ahead in U.S. and global markets from Mike Dolan A relaxed Federal Reserve is nudging markets to a May rather than March interest rate cut even as regional bank stocks rumble again -

Marketmind: Fed shuffles rate diary, BoE and Apple awaited
Business|Economy|Finance|Stock Markets|US

Goldman Sachs pushes back Fed rate cut expectation to May from March

Goldman Sachs pushed back its expectation of the U.S. Federal Reserve starting interest rate cuts to May from March, after Chair Jerome Powell's signaled delays in cuts.

Goldman Sachs pushes back Fed rate cut expectation to May from March
Business|Economy|Finance|Stock Markets|US

Futures climb following Wall St selloff after Fed holds rates steady

U.S. stock index futures rose on Thursday, following a Wall Street selloff in the previous session as the Federal Reserve dashed hopes for early interest rate cuts, with the focus moving

Futures climb following Wall St selloff after Fed holds rates steady
News|US

Fed plans 'in-depth' talks on balance sheet run-off in March: Powell

U.S.

Fed plans 'in-depth' talks on balance sheet run-off in March: Powell
Business|Finance|US

Federal Reserve further expands investing restrictions to more of its top staff

The Federal Reserve on Wednesday further expanded the number of policy makers covered by its new ethics regime.

Federal Reserve further expands investing restrictions to more of its top staff
Economy|Finance|Stock Markets|US

Dollar hovers near 7-week high as Fed cut bets shift to May

The dollar hovered close to the highest level in seven weeks against the euro on Thursday, after Federal Reserve Chair Jerome Powell pushed back on the idea of a

Dollar hovers near 7-week high as Fed cut bets shift to May
Business|Economy|Finance|Stock Markets|US

Analysis-Inflation-focused Fed shoots down Wall Street’s hopes of March cut

Investors hoping for imminent rate cuts by the Federal Reserve received a sobering reminder of the U.S. central bank’s focus on fighting inflation,

Analysis-Inflation-focused Fed shoots down Wall Street’s hopes of March cut
US

Fed shifted to rate cuts in 2019, but it took time to get there

U.S.

Fed shifted to rate cuts in 2019, but it took time to get there
Business|Economy|Finance|News|US

Fed Chair Powell faces tough communications task on rate cuts ahead

Federal Reserve Chair Jerome Powell has a tough task on Wednesday as he wraps up the U.S. central bank's first policy meeting of 2024: signaling an end to interest-rate hikes

Fed Chair Powell faces tough communications task on rate cuts ahead
Economy|Finance|News|US

Citadel's Griffin says cooling inflation could lead to Fed rate cuts this summer

Cooling inflation in the United States gives the Federal Reserve room to potentially start cutting interest rates this summer, Citadel founder and billionaire investor Ken Griffin said on

Citadel's Griffin says cooling inflation could lead to Fed rate cuts this summer
Business|Economy|News|US

US job openings unexpectedly rise in December

U.S. job openings unexpectedly rose in December and data for the prior month was revised higher, suggesting the labor market likely remains too strong for the Federal Reserve to

US job openings unexpectedly rise in December
Business|Economy|Finance|Stock Markets|US

US economic expansion likely hinges on a nimble Fed this time

It took a stock market crash, a housing crash and a pandemic to kill the last three U.S. economic expansions.

US economic expansion likely hinges on a nimble Fed this time
Business|Economy|Stock Markets|Technology|US

Futures struggle for direction ahead of key jobs data, big tech earnings

Futures on Wall Street's main indexes were muted on Tuesday, as investors braced for a crucial jobs report to gauge the U.S. labor market's strength, and awaited high-profile tech earnings

Futures struggle for direction ahead of key jobs data, big tech earnings
Business|Economy|Finance|Stock Markets|US

Futures muted ahead of Fed decision, tech earnings this week

U.S. main index futures were subdued at the start of a week packed with major events including the Federal Reserve's rate decision and big-ticket tech earnings that could set the tone for

Futures muted ahead of Fed decision, tech earnings this week
Business|Economy|Finance|US

Fed meeting likely to see start of debate over ending balance sheet contraction

Decision time is close at hand for the Federal Reserve to plan the mechanics of how it ends the winddown of a balance sheet that remains swollen by historic standards.

Fed meeting likely to see start of debate over ending balance sheet contraction
Economy|US

Fed in a trust-but-verify moment as inflation falls

In economic projections issued after their December meeting U.S.

Fed in a trust-but-verify moment as inflation falls
Business|Economy|Finance|News|US

Bond investors gear up for looming Fed interest rate cuts

Bond investors are expecting the Federal Reserve to drop its bias toward hiking interest rates at a policy meeting this week to prepare the market for

Bond investors gear up for looming Fed interest rate cuts
Economy|Finance|News|US

US prices rise moderately in December, inflation trending lower

U.S. prices rose moderately in December, keeping the annual increase in inflation below 3% for a third straight month, which could allow the Federal Reserve to start cutting

US prices rise moderately in December, inflation trending lower
News|US

US budget gap should prompt Treasury to increase auction sizes again

The U.S.

US budget gap should prompt Treasury to increase auction sizes again
Business|Economy|Finance|US

Traders keep bets the Fed's rate cuts will start in May

Inflation is cooling, but not quite quick enough to allow the U.S. central bank to deliver its first interest-rate reduction by March, with traders betting on Friday that May

Traders keep bets the Fed's rate cuts will start in May
Business|Economy|Finance|US

Instant view: Mild Dec US PCE inflation won't divert Fed from easing in 2024

U.S. prices rose moderately in December, keeping the annual increase in inflation below 3% for a third straight month, which could allow the Federal Reserve to start cutting

Instant view: Mild Dec US PCE inflation won't divert Fed from easing in 2024
Business|Economy|Finance|Stock Markets|US

Futures fall as Intel forecast hurts chip stocks; inflation data eyed

U.S. stock index futures fell on Friday as chip stocks sagged on a dour revenue forecast from Intel, while a crucial inflation print that could influence the Federal Reserve's monetary

Futures fall as Intel forecast hurts chip stocks; inflation data eyed
Economy|Finance|News|US

Five signs the Fed's pivot is underway before even a single rate cut

Federal Reserve policymakers have signaled they won't cut U.S. interest rates just yet; economists think they will wait until June, given ongoing strength in household

Five signs the Fed's pivot is underway before even a single rate cut
Business|Economy|Finance|News|Stock Markets|US

Fed, earnings and economic data to test U.S. stocks at record highs

The U.S. stock market’s strong start to the year faces a major test next week in a stretch packed with big tech earnings, the Federal Reserve’s monetary policy

Fed, earnings and economic data to test U.S. stocks at record highs
Economy|Finance|US

Dollar steady in cautious start to busy data, Fed week

The dollar started the week on a steady footing as investors took stock of U.S. economic data ahead of the Federal Reserve policy meeting this week, while

Dollar steady in cautious start to busy data, Fed week
Business|Economy|Europe|Finance|Stock Markets|US

Take Five: Over to the Fed

The Federal Reserve and the Bank of England, grabbing the baton from the ECB and the Bank of Japan, hold their first meetings of the year while U.S. tech giants and Europe banks report

Take Five: Over to the Fed
Business|Economy|Finance|US

Nomura expects Fed to cut interest rates by 100 bps in 2024

Nomura on Friday forecast the U.S.

Nomura expects Fed to cut interest rates by 100 bps in 2024
Business|Economy|Finance|Stock Markets|US

Marketmind: PCE in our time as US economy impresses

A look at the day ahead in U.S. and global markets from Mike Dolan There was little for markets to dislike in the impressive sweep of U.S. economic and corporate healthchecks on Thursday - unless of

Marketmind: PCE in our time as US economy impresses
Business|Economy|News|US

Moderate US economic growth expected in fourth quarter

The U.S. economy likely grew at its slowest pace in 1-1/2 years in the fourth quarter as businesses throttled back on inventory investment and consumer

Moderate US economic growth expected in fourth quarter
Business|Economy|Finance|US

Fed to allow emergency bank lending program expire on March 11

The Federal Reserve announced on Wednesday that it will allow its Bank Term Funding Program to expire as scheduled on March 11, as it wraps up a lifeline program created for banks during

Fed to allow emergency bank lending program expire on March 11
Economy|Finance|News|US

Fed's Daly: Policy in a 'good place,' risks 'balanced'

San Francisco Federal Reserve Bank President Mary Daly on Friday said she believes the U.S. economy and monetary policy both are in a "good place," and the risks have grown more balanced

Fed's Daly: Policy in a 'good place,' risks 'balanced'
Business|Economy|Finance|US

Dollar holds near one-month peak as dovish Fed bets recede

The dollar held close to a one-month peak versus major peers on Thursday after robust U.S. retail sales data overnight added to building expectations the Federal

Dollar holds near one-month peak as dovish Fed bets recede
Business|Economy|Finance|US

US economic activity little changed in recent weeks, Fed survey shows

U.S. economic activity saw little or no change from December through early January, while firms reported pricing pressures were mixed and nearly all cited signs of a

US economic activity little changed in recent weeks, Fed survey shows
Business|Economy|Finance|News|Stock Markets|US

US business inventories fall in November

U.S. business inventories fell for a second straight month in November amid declines in retail and wholesale stocks, which could see inventory investment subtracting from

US business inventories fall in November
Business|Economy|Finance|News|US

Goldman Sachs CEO says US economy looks constructive but cautions on inflation

Goldman Sachs CEO David Solomon expects the U.S. economy to avoid a big slowdown this year, but warned that inflation could remain more stubborn than

Goldman Sachs CEO says US economy looks constructive but cautions on inflation
Economy|Finance|US

Column-Focus sharpens on Fed's disappearing reverse repo: McGeever

As the amount of cash parked at the Federal Reserve's overnight reverse repo facility (ON RRP) hurtles towards zero, the Fed's visibility on the minimum

Column-Focus sharpens on Fed's disappearing reverse repo: McGeever
Business|Finance|News|Stock Markets

UBS lifts 2024 year-end S&P 500 target to 5,150, tops big banks

UBS Global Research increased its year-end target for the S&P 500 on Tuesday to 5,150, marking the highest projection among major global banks and indicating a potential 8% upside from

UBS lifts 2024 year-end S&P 500 target to 5,150, tops big banks
Business|Economy|Finance|News|Stock Markets|US

Fed's Waller says US "within striking distance" of inflation goal

The U.S. is "within striking distance" of the Federal Reserve's 2% inflation goal, but the central bank should not rush towards cuts in its

Fed's Waller says US "within striking distance" of inflation goal
Business|Economy|Finance|Stock Markets|US

Analysis-Coming flood of US Treasury issuance unsettles some investors after blazing rally

Cracks are forming in the market’s bullish consensus for bonds, as resurfacing fiscal concerns duel with expectations that cooling inflation will push the

Analysis-Coming flood of US Treasury issuance unsettles some investors after blazing rally
Economy|Finance|News|US

US producer prices unexpectedly fall; goods deflation seen persisting

U.S. producer prices unexpectedly fell in December amid declining costs for goods such as diesel fuel and food, suggesting inflation would continue to subside

US producer prices unexpectedly fall; goods deflation seen persisting
Political

Trump's broadsides in 2018 were met with veritable silence at Fed, transcripts show

By Howard Schneider and Michael S.

Trump's broadsides in 2018 were met with veritable silence at Fed, transcripts show
Business|Economy|Finance|US

Fed reports steep paper loss for 2023 amid surge in interest expenses

Rising income expenses pushed the Federal Reserve system deep into the red last year, the central bank said in preliminary figures released on Friday.

Fed reports steep paper loss for 2023 amid surge in interest expenses
Business|Economy|Finance|Stock Markets|US

Slightly hot Dec US CPI suggests Fed won't rush to cut

U.S. consumer prices increased more than expected in December as rents maintained their upward trend, which could delay a much anticipated interest rate cut in March from the

Slightly hot Dec US CPI suggests Fed won't rush to cut
Economy|Finance|News|US

'Remarkable' surge in auto insurance costs fans US inflation

Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months as a surprise force in preventing consumer prices from falling even further: auto

'Remarkable' surge in auto insurance costs fans US inflation
Finance|News|Stock Markets|US

Marketmind: Crude shrugs at Yemen strikes, banks report

A look at the day ahead in U.S. and global markets from Mike Dolan Much like the slightly peculiar debt market nonchalance after December's sticky inflation readout, world markets have remained calm

Marketmind: Crude shrugs at Yemen strikes, banks report
News|US

Fed officials say December CPI did not budge view of inflation

U.S.

Fed officials say December CPI did not budge view of inflation
Economy|Finance|News|US

Dollar steady as markets assess higher-than-expected US CPI

The dollar held steady against peer currencies on Friday, as investors weighed higher-than-expected U.S. consumer price inflation against market bets that the Federal

Dollar steady as markets assess higher-than-expected US CPI
Economy|News|US

Fitch no longer expects a US recession, forecasts three rate cuts

Credit rating agency Fitch no longer forecasts a U.S. recession this year due to several signs of strength in the economy, Fitch Ratings’ Chief Economist Brian Coulton said in a

Fitch no longer expects a US recession, forecasts three rate cuts
US

US Treasury yields flat until June, fall in second half: Reuters poll

U.S.

US Treasury yields flat until June, fall in second half: Reuters poll
Uncategorized

Markets tweak Fed balance sheet views after comments from Dallas Fed chief

By Michael S.

Markets tweak Fed balance sheet views after comments from Dallas Fed chief
News|US

Fed considering changes to Basel proposal: supervision chief

Officials at the U.S.

Fed considering changes to Basel proposal: supervision chief
Business|Economy|Finance|US

Dollar steady as traders brace for US inflation data, bitcoin volatile

The dollar was steady on Wednesday in cautious trading ahead of U.S. inflation data due later this week that is likely to influence the Federal Reserve's policy

Dollar steady as traders brace for US inflation data, bitcoin volatile
Uncategorized

US consumers see smaller inflation gains ahead, New York Fed says

By Michael S.

US consumers see smaller inflation gains ahead, New York Fed says
Business|Economy|Finance|News|US

Fed's Bowman says policy rate appears 'sufficiently restrictive'

Federal Reserve Governor Michelle Bowman on Monday said the U.S. central bank's monetary policy appears "sufficiently restrictive" to bring inflation back down to the Fed's 2% target.

Fed's Bowman says policy rate appears 'sufficiently restrictive'
Business|Economy|Finance|US

Atlanta Fed's Bostic says bias remains for policy to stay tight

Atlanta Federal Reserve President Raphael Bostic said on Monday that with inflation still above the central bank's 2% target, his bias is for monetary

Atlanta Fed's Bostic says bias remains for policy to stay tight
Business|Economy|Finance|News|US

As pandemic 'jobs hole' closes, Fed finds labor market easing elusive

The U.S. economy ended last year with the labor scars from the COVID-19 pandemic effectively healed and a quandary for Federal Reserve policymakers so far

As pandemic 'jobs hole' closes, Fed finds labor market easing elusive
Business|Economy|Finance|US

US service sector slows in December as employment plummets - ISM survey

The U.S. services sector slowed considerably in December, with a measure of employment dropping to the lowest level in nearly 3-1/2 years, a survey showed on Friday.

US service sector slows in December as employment plummets - ISM survey
Business|Economy|Finance|US

US economy cranks out jobs at brisk clip in December; wages increase

U.S. employers hired more workers than expected in December while raising wages at a solid clip, casting some doubt on financial market expectations that the

US economy cranks out jobs at brisk clip in December; wages increase
Business|Economy|Finance|Stock Markets|US

Traders pare bets on March start to Fed rate cuts after strong jobs data

Traders on Friday tempered expectations for the Federal Reserve to start cutting interest rates in March after the U.S. government's monthly labor market report showed employers added more

Traders pare bets on March start to Fed rate cuts after strong jobs data
Uncategorized

NY Fed says global supply chain pressures eased in December

By Michael S.

NY Fed says global supply chain pressures eased in December
Business|Economy|Finance|US

Marketmind: Fed fizz goes a bit flat

A look at the day ahead in U.S. and global markets from Mike Dolan If the Federal Reserve is now wary of a sudden fracture in the U.S. labor market, it won't be unduly alarmed by what it's seen of

Marketmind: Fed fizz goes a bit flat
Business|Economy|Finance|Stock Markets|US

Investors flee to US money market funds on caution as rate cut optimism cools

U.S. investors reduced holdings in equity funds, shifting to money market funds amid caution before key payroll reports, as a stock market rally eased and they awaited further evidence to

Investors flee to US money market funds on caution as rate cut optimism cools
Economy|Finance|News

Healthy US December payrolls puts March Fed pivot in doubt

U.S. employers hired more workers than expected in December while raising wages at a solid clip, casting some doubt on financial market expectations that the Federal Reserve would

Healthy US December payrolls puts March Fed pivot in doubt
Business|Economy|Finance|US

Fed's Logan: should not rule out another rate hike

Federal Reserve Bank of Dallas President Lorie Logan on Saturday warned that the U.S. central bank may need to resume raising its short-term policy rate to keep a recent

Fed's Logan: should not rule out another rate hike
News|US

Fed's Barkin: Strong jobs report keeps focus on inflation fight

LINTHICUM, Md.

Fed's Barkin: Strong jobs report keeps focus on inflation fight
Economy|Finance|US

An end to quantitative tightening could support bonds, though timing is tricky

A potential ending to the Federal Reserve’s balance sheet reduction measures this year bolsters the case for Treasuries to extend their 2023 rally, investors

An end to quantitative tightening could support bonds, though timing is tricky
Economy

Wall Street banks push back expected end of Fed balance sheet drawdown

By Michael S.

Wall Street banks push back expected end of Fed balance sheet drawdown
Business|Economy|Finance|Stock Markets|US

Wall St notches second lower finish as 2024 starts with profit-taking

U.S. stock indexes ended the second session of the year down again in extended profit-taking on Wednesday after a strong finish to 2023, with minutes from the Federal

Wall St notches second lower finish as 2024 starts with profit-taking
Business|Economy|Finance|Stock Markets|US

Weekly US jobless claims fall to two-month low; labor market steadily cooling

The number of Americans filing new claims for jobless benefits dropped to a two-month low last week, pointing to underlying labor market strength even as

Weekly US jobless claims fall to two-month low; labor market steadily cooling
Business|Economy|Finance|Stock Markets|US

Dollar rebounds as traders rethink Fed rate cut expectations

The dollar edged higher on Thursday as investors reassessed their expectations of the scale of rate cuts by the Federal Reserve this year, with an air of caution

Dollar rebounds as traders rethink Fed rate cut expectations
Economy

At December meeting, some Fed officials mulled end to balance sheet cuts

By Michael S.

At December meeting, some Fed officials mulled end to balance sheet cuts
Business|Economy|Finance

For investors, 2024 is year of transition to a new economic order

Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them.

For investors, 2024 is year of transition to a new economic order
Business|Economy|Finance|US

Dollar starts 2024 steady, focus switches to data

The dollar was steady on the first trading day of the year as traders weighed the prospect of steep interest rate cuts from the Federal Reserve in 2024 and

Dollar starts 2024 steady, focus switches to data
Business|Economy|Finance|US

US overnight funding rate hits record high amid year-end volatility

A gauge measuring the borrowing costs on loans between banks and other participants in the U.S. repurchase agreement (repo) market hit its highest level since

US overnight funding rate hits record high amid year-end volatility
Business|Economy|Finance|Stock Markets|US

US equity funds see big inflows as rate cut bets rise

U.S. equity funds attracted massive inflows in the week up to Dec. 27, bolstered by expectations of early rate cuts by the Federal Reserve as data showed that inflation cooled further in

US equity funds see big inflows as rate cut bets rise
Uncategorized

New York Fed: Inflows to reverse repo facility surge, hitting $1.018 trillion

By Michael S.

New York Fed: Inflows to reverse repo facility surge, hitting $1.018 trillion
Business|Economy|Finance|US

Mortgage rates slide to lowest since May - Freddie Mac

The interest rate on the most common type of U.S. home loan fell for a ninth straight week this week to close out the year at their lowest level since May, according to data released

Mortgage rates slide to lowest since May - Freddie Mac
Business|Economy|Finance|Stock Markets|US

US banks' NIM to remain under pressure despite expected Fed rate cuts - S&P

U.S. banks whose net interest margins (NIM) have been compressed due to higher funding costs are unlikely to see relief before the end of 2024 even if the Federal Reserve cuts rates,

US banks' NIM to remain under pressure despite expected Fed rate cuts - S&P
Uncategorized

Fed liquidity drains moves spotlight to usage of new lending facility

By Michael S.

Fed liquidity drains moves spotlight to usage of new lending facility
Business|Economy|Finance

Dollar struggles to gain footing in thin trade; yen steady

The dollar was trying to find a floor on Tuesday in holiday-thinned trade, pressured by signs that inflation in the world's largest economy is cooling that will likely

Dollar struggles to gain footing in thin trade; yen steady
Asia|Business|Finance|Stock Markets

Asian stocks rise with year-end cheer, rate cuts in sight

Asian stocks rose broadly on Wednesday, tracking a rally from Wall Street as investors latched on to the year-end optimism driven by expectations that the Federal

Asian stocks rise with year-end cheer, rate cuts in sight
Business|Finance|Stock Markets|US

Wall Street awaits 'Santa Rally' with US stocks near records

Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains.

Wall Street awaits 'Santa Rally' with US stocks near records
Economy|Finance|US

Fed rate cuts seen starting in March as inflation cools

Traders on Friday stuck to the view that the Federal Reserve will start cutting interest rates in March after government data showed price pressures continued to cool last month, bringing

Fed rate cuts seen starting in March as inflation cools
Business|Economy|Finance|Stock Markets|US

Bond investors may be betting too aggressively on 2024 rate cuts, says BlackRock

A year-end rally in U.S. government bonds has potentially limited further gains in some Treasury maturities, said Rick Rieder, chief investment officer of

Bond investors may be betting too aggressively on 2024 rate cuts, says BlackRock
Business|Economy|Finance|US

Regional US Fed banks adopt records transparency policy

The 12 regional banks of the U.S.

Regional US Fed banks adopt records transparency policy
Business|Finance|US

Morgan Stanley's outgoing CEO says markets will take off after rate cuts- FT

Morgan Stanley's outgoing CEO James Gorman said financial markets will "take off" once investors are sure the Federal Reserve has finished raising interest rates, the Financial Times

Morgan Stanley's outgoing CEO says markets will take off after rate cuts- FT
Economy|Finance|News|Stock Markets|US

Wall St ends sharply higher, rebounding with a boost from chips

U.S. stocks closed higher on Thursday, winning back much of the previous day's losses, as economic data fueled optimism that the Federal Reserve would ease

Wall St ends sharply higher, rebounding with a boost from chips
Business|Economy|Finance|Stock Markets|US

Wall St opens lower as rate-cut rally fizzles; FedEx slides

Wall Street's main indexes opened lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve's likely pivot to a dovish policy, while FedEx

Wall St opens lower as rate-cut rally fizzles; FedEx slides
Economy|Finance|News|US

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
Business|Economy|Finance|News|Stock Markets|US

Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally

U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street's impressive rally, which had been driven by falling interest rates

Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally
Business|Economy|Finance|US

Fed's Bostic: No 'urgency' for rate cuts

There is no current "urgency" for the Federal Reserve to reduce U.S. interest rates given the strength of the economy and the need to be sure that inflation

Fed's Bostic: No 'urgency' for rate cuts
Business|Economy|Finance

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 
Asia|Economy|Finance

Yen awaits critical BOJ outcome; dollar adrift

The yen rose broadly on Tuesday ahead of a policy decision from the Bank of Japan (BOJ) later in the day which some traders hope will prove crucial in determining if

Yen awaits critical BOJ outcome; dollar adrift
Business|Economy|Finance|US

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
Business

Fed's Barkin: Central bank 'nicely positioned' amid inflation retreat

By Michael S.

Fed's Barkin: Central bank 'nicely positioned' amid inflation retreat
Business|Economy|Finance

US corporate bond issuance seen increasing after yields slide

Some investors are predicting an increase in corporate bond issuance in the New Year, after bond yields slid last week, opening the door for companies to refinance existing

US corporate bond issuance seen increasing after yields slide
Business|Economy|Finance|Stock Markets|US

Goldman Sachs sees S&P 500 hitting 5,100 in 2024, boosting forecast

Goldman Sachs raised its 2024 S&P 500 target by 8% to 5,100, forecasting a tailwind for U.S. stocks from falling inflation and declining interest rates.

Goldman Sachs sees S&P 500 hitting 5,100 in 2024, boosting forecast
Business|Economy|Finance|News|US

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'
Business|Economy|Finance|Stock Markets

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
Business|Economy|Finance|Stock Markets|World

Hedge funds' bearish bets get crushed in post-Fed meeting rally

Global equities long/

Hedge funds' bearish bets get crushed in post-Fed meeting rally
Economy

Fed's Williams pushes back on market expectations of rate cuts

By Michael S.

Fed's Williams pushes back on market expectations of rate cuts
Business|Economy|Finance|Stock Markets|US

Epic Treasury rally may be running out of fuel as Fed pivot priced in

A surge in U.S. government bonds has helped lift stocks and heightened investors’ appetite for risk.

Epic Treasury rally may be running out of fuel as Fed pivot priced in
Business|Economy|Finance|News|US

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|Finance|News|US

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
Business|Economy|Finance|Stock Markets|US

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|Finance|News|US|World

Fed stands alone as ECB, BoE stick with tight policy

The U.S.

Fed stands alone as ECB, BoE stick with tight policy
Business|Economy|Finance|US

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
News|US

Exclusive-US regulator probes banks' climate risk planning

The U.S.

Exclusive-US regulator probes banks' climate risk planning
Business|Economy|Finance|US

Dollar heads for worst week in five months on Fed rate outlook

The dollar headed for its biggest weekly drop in five months on Friday as the prospect of rate cuts from the Federal Reserve versus a tough line from central banks

Dollar heads for worst week in five months on Fed rate outlook
Business|Economy|Finance

Column-Fed rarely cuts rates at a 'measured pace': McGeever

The Federal Reserve is about to embark on an interest rate-cutting journey next year, but what is striking about the 150 basis points of easing markets

Column-Fed rarely cuts rates at a 'measured pace': McGeever
Business|Economy|Finance|News|Stock Markets|US

Analysis-Investors cheer Fed's dovish pivot, as focus shifts to 2024 risks

A dovish shift from the Federal Reserve has put record highs in sight for U.S. stocks, even as some investors worry the market may be moving

Analysis-Investors cheer Fed's dovish pivot, as focus shifts to 2024 risks
Economy|News|US

US producer prices unchanged in November

U.S. producer prices were unexpectedly unchanged in November as a decline in the cost of energy products more than offset higher food prices, indicating that inflation at the

US producer prices unchanged in November
Asia|Business|Finance|Stock Markets|US

Marketmind: Markets buoyant, Fed vigil almost over

A look at the day ahead in Asian markets. Asian markets will likely tread water on Wednesday ahead of the U.S.

Marketmind: Markets buoyant, Fed vigil almost over
Business|Economy|Finance|News|Stock Markets|US

Marketmind: Fed nods and dots eyed, peso halved

A look at the day ahead in U.S. and global markets from Mike Dolan As Wall St waited optimistically for the Federal Reserve's latest nods and winks on future policy, Argentina took a

Marketmind: Fed nods and dots eyed, peso halved
Uncategorized

At meeting, Fed must weigh if financial conditions now hindering goals

By Michael S.

At meeting, Fed must weigh if financial conditions now hindering goals
Business|Economy|Finance|Stock Markets|US

Why are US stocks sluggish? Blame a record $5 trillion options expiration

An upcoming U.S. stock options expiration that is set to be the largest on record is tamping down market swings, potentially counterbalancing any gyrations

Why are US stocks sluggish? Blame a record $5 trillion options expiration
US

U.S. bond yields almost fully priced in for 2024 rate cuts -strategists: Reuters poll

U.S.

U.S. bond yields almost fully priced in for 2024 rate cuts -strategists: Reuters poll
Uncategorized

Near-term expected US inflation at more than 2-year low, NY Fed says

By Michael S.

Near-term expected US inflation at more than 2-year low, NY Fed says
Uncategorized

Sharp Fed liquidity drain hints at early end for balance sheet runoff

By Michael S.

Sharp Fed liquidity drain hints at early end for balance sheet runoff
Business|Finance|US

Powell may hope for replay of Fed circa 1995 even as he shuns "victory"

As victory celebrations go, the Federal Reserve's announcement of a quarter point interest rate cut in July of 1995 was hardly ostentatious.

Powell may hope for replay of Fed circa 1995 even as he shuns "victory"
Business|Economy|Finance|US

Goldman Sachs sees Fed delivering its first rate cut in Q3 2024

Goldman Sachs forecasts the U.S.

Goldman Sachs sees Fed delivering its first rate cut in Q3 2024
Business|Economy|Finance|US

Factbox-Key moments in Fed easing history since 1994

Since 1994 when the Federal Reserve first began issuing a statement announcing actions taken at each monetary policy meeting, it has initiated new interest-rate cutting cycles or has

Factbox-Key moments in Fed easing history since 1994
Economy|Finance|US

Yellen says Fed performance strong, U.S. economy robust

U.S. Treasury Secretary Janet Yellen said on Thursday the U.S.

Yellen says Fed performance strong, U.S. economy robust
Business|Economy|Finance|Stock Markets|US

Year-end rally in US stocks faces twin tests as Fed, inflation data loom

The Federal Reserve’s last monetary policy meeting of 2023 and a U.S. inflation report in coming days should test a stock market rally that some view as

Year-end rally in US stocks faces twin tests as Fed, inflation data loom
Business|Economy|Finance|Stock Markets|US

Marketmind: Markets freeze for jobless recession gauge

A look at the day ahead in U.S. and global markets from Mike Dolan With investors trying to read recessionary warnings from softening U.S. labor market signals all week, the outsize importance of the

Marketmind: Markets freeze for jobless recession gauge
Business|Finance|News|Stock Markets|US

S&P 500 and Nasdaq notch highest closes since early 2022

U.S. stocks closed higher on FridayA, with the S&P 500 and Nasdaq notching their highest closing levels since early 2022 after a robust U.S. jobs

S&P 500 and Nasdaq notch highest closes since early 2022
Business|Economy|Finance|Stock Markets|US

Column-Praying for 'soft landing' of $1 trln basis trade :McGeever

Hedge funds look to be scaling down their record short position in U.S.

Column-Praying for 'soft landing' of $1 trln basis trade :McGeever
Business|Economy|Finance|US

US labor market steadily slowing; wholesale inventories revised down

The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually losing

US labor market steadily slowing; wholesale inventories revised down
Business|Economy|Finance|News|Stock Markets|US

Wall St ends lower as investors weigh fresh employment data

U.S. stocks ended down on Wednesday, pulled lower by megacaps and energy shares as signs of a cooling jobs market reinforced expectations that the

Wall St ends lower as investors weigh fresh employment data
Economy|Finance|US

Dollar steady as traders weigh labour data, rate outlook

The dollar was near a two-week high against a basket of currencies on Wednesday as investors assessed U.S. economic data that showed a cooling labour market,

Dollar steady as traders weigh labour data, rate outlook
Business|Economy|Finance|US

Column-Deflating 'QT cushion' may have raised red Fed flag: Mike Dolan

Any real economy crunch from the U.S.

Column-Deflating 'QT cushion' may have raised red Fed flag: Mike Dolan
Business|Economy|Finance|US

US service sector picks up in November - ISM

The U.S. services sector picked up in November amid an increase in business activity, although new orders remained flat and a gauge of input inflation dipped as the lagged effects of

US service sector picks up in November - ISM
Economy|Finance|News|US

Underlying US inflation pressures eased in October - NY Fed

Underlying inflation pressures eased in October compared to the prior month, according to a report released on Monday by the Federal Reserve Bank of New York.

Underlying US inflation pressures eased in October - NY Fed
News|US

Markets outpacing the Fed may be in for a Christmas season scolding

After their meeting five weeks ago, U.S.

Markets outpacing the Fed may be in for a Christmas season scolding
Economy|Finance|Stock Markets|US

Market expectations of Fed cuts 'overdone', volatility to jump in '24, BlackRock says

Global markets will be swayed by greater volatility in 2024 as the Federal Reserve cuts benchmark interest rates fewer times than futures markets are pricing in,

Market expectations of Fed cuts 'overdone', volatility to jump in '24, BlackRock says
Business|Economy|Finance|Stock Markets|US

Stifel strategists see S&P 500 struggling to gain much ground by mid 2024

The S&P 500 will likely struggle to rise much above current levels into the middle of 2024, as investors rotate away from growth stocks and the Federal Reserve

Stifel strategists see S&P 500 struggling to gain much ground by mid 2024
News|US

Fed, with rates at a peak, now looks at a hold and an eventual pivot lower

U.S.

Fed, with rates at a peak, now looks at a hold and an eventual pivot lower
Business|Economy|Finance|News|Stock Markets|US

S&P 500 rises to highest close of 2023 amid rate cut optimism

The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising U.S. interest rates and could begin to cut

S&P 500 rises to highest close of 2023 amid rate cut optimism
Business|Economy|Finance|US

Powell says Fed to move 'carefully' on interest rates with risks 'more balanced'

The risks of the Federal Reserve moving too far with interest rate hikes, and slowing the economy more than necessary, have become "more balanced" with those of not moving high

Powell says Fed to move 'carefully' on interest rates with risks 'more balanced'
Business|Economy|Finance|News

Oil prices stabilise after slump on underwhelming OPEC+ cuts

Oil prices were stable on Friday following a 2% drop on Thursday, with the market unconvinced that the latest round of OPEC+ production cuts will be able to lift prices

Oil prices stabilise after slump on underwhelming OPEC+ cuts
Business|Economy|Finance|Stock Markets

S&P, Nasdaq slip as caution prevails ahead of Powell comments

The S&P 500 and Nasdaq fell on Friday as investors were on edge ahead of Federal Reserve Chair Jerome Powell's comments that some fear may have a

S&P, Nasdaq slip as caution prevails ahead of Powell comments
Economy|Finance|News|US

Fed's Goolsbee says inflation is on track to central bank's 2% goal

Chicago Federal Reserve President Austan Goolsbee said on Friday he believes inflation is "on track" to reaching the U.S. central bank's 2% target, driven in coming months by what he

Fed's Goolsbee says inflation is on track to central bank's 2% goal
Economy|Finance

Fed hawks, doves, and centrists: How US central bankers' views are changing

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: How US central bankers' views are changing
News|US

Did pandemic central banking work? Fed review to eye inflation, jobs tradeoffs

The U.S.

Did pandemic central banking work? Fed review to eye inflation, jobs tradeoffs
Business|Economy|Finance|US

US consumer spending slows in October; weekly jobless claims rise slightly

U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest since early 2021, signs of cooling demand that could further strengthen

US consumer spending slows in October; weekly jobless claims rise slightly
Business|Economy|Finance|US

Overly cautious Fed could lead to mild US recession next year -Vanguard

The Federal Reserve will likely hesitate to cut interest rates next year for fears of a rebound in inflation, but by keeping interest rates high for long it

Overly cautious Fed could lead to mild US recession next year -Vanguard
Business|Economy|Europe|Finance|Stock Markets

Marketmind: Treasuries on cusp of best month since 2008

A look at the day ahead in European and global markets from Wayne Cole. Let's start with Treasuries because, if this were sports, we'd be calling it a comeback for the ages.

Marketmind: Treasuries on cusp of best month since 2008
Economy

Fed's Williams keeps alive rate hike chance if inflation doesn't retreat

By Michael S.

Fed's Williams keeps alive rate hike chance if inflation doesn't retreat
Business

As inflation cools, Fed officials signal rate hikes likely done

By Ann Saphir and Michael S.

As inflation cools, Fed officials signal rate hikes likely done
Business|Economy|News|US

US economic activity slowed in recent weeks, Fed survey shows

U.S. economic activity slowed from early October through the middle of November, while businesses reported inflation largely moderated and it was easier to hire workers, the Federal

US economic activity slowed in recent weeks, Fed survey shows
Economy

Fed's Williams welcomes stability of longer-run inflation expectations

By Michael S.

Fed's Williams welcomes stability of longer-run inflation expectations
Business|Economy|Finance|Stock Markets|US

With Fed likely done hiking rates, Waller flags pivot ahead

Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing

With Fed likely done hiking rates, Waller flags pivot ahead
Business|Economy|Finance

Fed hawks, Fed doves: What U.S. central bankers are saying

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

Fed hawks, Fed doves: What U.S. central bankers are saying
Economy|Finance|US

Dollar rises from 3-1/2-month low; rate cut bets intact

The dollar climbed from more than three-month lows on Wednesday after data showing the U.S. economy grew faster in the third quarter

Dollar rises from 3-1/2-month low; rate cut bets intact
News

Current policy rate lets Fed be 'nimble' with incoming data, Mester says

By Michael S.

Current policy rate lets Fed be 'nimble' with incoming data, Mester says
Business|Economy|Finance|News|US

US recession will prompt 175 basis points in Fed cuts next year, DB economists say

The Federal Reserve will cut rates more aggressively than markets are currently pricing in as a mild U.S. recession arrives in the first half of next year,

US recession will prompt 175 basis points in Fed cuts next year, DB economists say
Economy|Finance|News|US

With Fed likely done hiking rates, Waller flags pivot ahead

Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing

With Fed likely done hiking rates, Waller flags pivot ahead
Business|Economy|Finance|US

Fed may need four years to recoup income loss, St. Louis Fed study says

The Federal Reserve will need nearly four more years to cover a historic operating loss and start sending profits again to the U.S.

Fed may need four years to recoup income loss, St. Louis Fed study says
Business|Economy|Finance|News|US

US weekly jobless claims fall; business spending on equipment easing

The number of Americans filing new claims for unemployment benefits fell more than expected last week, but that likely does not change the view that the labor

US weekly jobless claims fall; business spending on equipment easing
Business|Economy|Finance|Stock Markets|US

Wall St gains before holiday, investors optimistic Fed done raising rates

U.S. stocks rose on Wednesday as investors were optimistic the Federal Reserve may be done raising interest rates and that the economy is still resilient.

Wall St gains before holiday, investors optimistic Fed done raising rates
Business|Finance|Stock Markets|US

Analysis-Big investors say US markets rally could prove short-lived

The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to

Analysis-Big investors say US markets rally could prove short-lived
Economy|Finance|News|US

S&P 500 to see small gain in 2024 as US economic risks rise: Reuters poll

The S&P 500 will end next year only about 3% higher than its current level, with a possible U.S. economic slowdown or recession among the biggest risks

S&P 500 to see small gain in 2024 as US economic risks rise: Reuters poll
Finance

Marketmind: Nvidia takes the stage as equity rally pauses

A look at the day ahead in Asian markets from Lewis Krauskopf, markets correspondent.

Marketmind: Nvidia takes the stage as equity rally pauses
Business|Economy|Finance|News|US

Fed minutes anchor cautious policy approach as risks become more two-sided

Federal Reserve officials agreed at their last policy meeting they could take a cautious approach to raising U.S. interest rates moving forward, and would

Fed minutes anchor cautious policy approach as risks become more two-sided
Economy

US demand for new credit down in 2023, New York Fed survey shows

By Michael S.

US demand for new credit down in 2023, New York Fed survey shows
Business|Economy|Finance|US

Structural demand for US debt strong despite bond market volatility - Moody's

The structural demand for U.S. debt which underpins the dollar-based global financial system remains strong against the backdrop of recent Treasury market volatility, Moody's Investors

Structural demand for US debt strong despite bond market volatility - Moody's
Business|Economy|Finance|Stock Markets

Morgan Stanley urges higher quality corporate bonds as 2024 maturities approach

Investment bank Morgan Stanley is recommending that corporate bond investors focus on higher quality investment-grade and high-yield bonds headed into next year, as a wave of

Morgan Stanley urges higher quality corporate bonds as 2024 maturities approach
Economy|Finance|US

Dollar falls to two-month low on Fed view, yen strengthens

The dollar index fell to its lowest in more than two months on Monday, extending a slide from the prior week as investors held to the belief that the U.S.

Dollar falls to two-month low on Fed view, yen strengthens
Business|Economy|Finance|US

US jobs data may be miscounting millions of 'gig' workers, research suggests

Millions of "gig" workers may get missed every month in the U.S. government's employment report, a discrepancy with implications for how Federal Reserve

US jobs data may be miscounting millions of 'gig' workers, research suggests
Economy|Finance|US

Fed's Goolsbee expects easing shelter inflation to seal path to 2%

Chicago Federal Reserve Bank President Austan Goolsbee on Friday said the U.S. central bank will "do what it takes" to bring inflation down to the Fed's 2% goal, but that inflation looks

Fed's Goolsbee expects easing shelter inflation to seal path to 2%
Uncategorized

Fed's Collins: Not ready to say the rate hike cycle is over

By Michael S.

Fed's Collins: Not ready to say the rate hike cycle is over
Business|Economy|Finance|US

Fed's Barr says tougher capital plan would have limited impact on borrowing costs

The Federal Reserve's top bank watchdog defended its push to overhaul capital requirements, saying they would have a minimal impact on borrowing costs and make

Fed's Barr says tougher capital plan would have limited impact on borrowing costs
Economy|Finance

Boston Fed's Collins: Central bank needs better view of full employment

Improvements in labor supply that seem to occur as the overall job market gets tighter means Federal Reserve policymakers may need to worry less about inflation

Boston Fed's Collins: Central bank needs better view of full employment
Business|Economy|Finance|News|Stock Markets|US

After breathtaking surge, US stocks' path may rest on economic soft landing

Are U.S. stocks poised to continue their dramatic run, or is a pause ahead?

After breathtaking surge, US stocks' path may rest on economic soft landing
Business|Economy|Finance|Stock Markets|US

US equity funds draw heavy inflows on expectations for Fed pause

U.S. investors were big buyers of equity funds in the seven days through Nov. 15, spurred by expectations that the Federal Reserve may pause its interest rate hikes in light of recent

US equity funds draw heavy inflows on expectations for Fed pause
Business

US bond market functioning well amid volatility, New York Fed's Perli says

By Michael S.

US bond market functioning well amid volatility, New York Fed's Perli says
Business|Economy|Finance|Stock Markets|US

Wall Street barely gains as traders digest earlier gains, Fed comments

Wall Street's three major indexes edged up slightly on Friday as investors digested recent gains while remarks from Federal Reserve officials clouded

Wall Street barely gains as traders digest earlier gains, Fed comments
Uncategorized

Fed's Williams touts need for more market data transparency

By Michael S.

Fed's Williams touts need for more market data transparency
Economy|News|US

Fed's Cook says economic risks two-sided, 'soft landing' possible

The U.S. central bank must steer between the risk of doing too little and taking the fight against inflation too far, Federal Reserve Governor Lisa Cook said on Thursday, a

Fed's Cook says economic risks two-sided, 'soft landing' possible
Economy

Exclusive-Three Fed governors tell US senator there is room to reduce balance sheet

By Michael S.

Exclusive-Three Fed governors tell US senator there is room to reduce balance sheet
Uncategorized

Richmond Fed's Athreya to become New York Fed research chief

By Michael S.

Richmond Fed's Athreya to become New York Fed research chief
Business|Economy|Finance|Stock Markets

Goldman sees S&P 500 rising to 4700 by year-end 2024

Goldman Sachs investment strategists said on Wednesday that they now expect the S&P 500 to end 2024 at 4700, implying a roughly 6% gain including dividends.

Goldman sees S&P 500 rising to 4700 by year-end 2024
Business|Economy|Finance|US

Fed President Daly warns against calling time on rate-rising cycle too soon - FT

San Francisco Federal Reserve President Mary Daly warned against calling time on rate-rising cycle too soon, in an interview to Financial Times on Wednesday.

Fed President Daly warns against calling time on rate-rising cycle too soon - FT
Economy|News|US

Inflation in the US is improving, the public mood is still sour

As families in the U.S. prepare to gather for their Thanksgiving dinners next week, food prices have largely flatlined for months, gasoline prices are about

Inflation in the US is improving, the public mood is still sour
Business|Economy|Finance|Stock Markets|US

Column-Boom at last for 'Big Long' in bonds: Mike Dolan

The scale of the debt market reaction to October's U.S. inflation undershoot partly reflects sheer relief in what's now one of the biggest bond market bets of the

Column-Boom at last for 'Big Long' in bonds: Mike Dolan
Business|Economy|Finance|US

BofA Global Research no longer expects Fed rate hike in Dec

BofA Global Research no longer expects the U.S. Federal Reserve to deliver another interest rate hike in December, following a softer-than-expected inflation reading for October.

BofA Global Research no longer expects Fed rate hike in Dec
Economy|Finance|News|US

Traders see no more Fed rate increases, cuts to start in May

A report showing consumer price inflation cooled more than expected last month had traders on Tuesday erasing bets the Federal Reserve will raise borrowing costs any further, and piling

Traders see no more Fed rate increases, cuts to start in May
Business|Economy|Finance|US

Fed's Jefferson: Inflation uncertainty can warrant stronger response

Monetary policymakers may need to take more forceful action than otherwise to keep inflation expectations anchored when it is unclear how long high inflation might persist, Federal Reserve

Fed's Jefferson: Inflation uncertainty can warrant stronger response
Economy|Finance|US

Cooler October US CPI raises confidence that Fed hikes done

U.S. consumer prices were unchanged in October amid lower gasoline prices, and underlying inflation showed signs of slowing, supporting views that the Federal Reserve was probably

Cooler October US CPI raises confidence that Fed hikes done
Business|Economy|Finance|News|US

US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists

The U.S.

US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists
Business|Economy|Finance|Stock Markets|US

US bond funds rack up biggest weekly inflow in three months

U.S. investors poured a massive sum into bond funds in the seven days leading to Nov. 8 on hopes of a turnaround in Treasury bond prices following the Federal Reserve's decision to keep

US bond funds rack up biggest weekly inflow in three months
Business|Economy|Finance|Stock Markets|US

Marketmind: Powell pushback puts cloud 9 beyond reach

A look at the day ahead in U.S. and global markets from Mike Dolan A slightly exaggerated market reaction to Fed chair Jerome Powell's pushback against early U.S. interest rate cuts was enough to

Marketmind: Powell pushback puts cloud 9 beyond reach
Economy

Fed's Daly: Still too soon to say rate hike cycle is over -CNBC

By Michael S.

Fed's Daly: Still too soon to say rate hike cycle is over -CNBC
Business|Economy|Finance|US

Fed and banks can do more to reduce liquidity risk -Logan

Dallas Federal Reserve Bank President Lorie Logan on Friday defended the U.S. central bank's "ample reserves" approach to monetary policy implementation, even as she outlined a number of

Fed and banks can do more to reduce liquidity risk -Logan
Business|Economy|Finance|News|US

New US jobless claims edge down; continued claims on the rise

The number of Americans filing new claims for unemployment benefits edged down last week, signaling that layoffs remain low even as the still-strong job market shows some signs

New US jobless claims edge down; continued claims on the rise
Economy|Finance|US

Traders now see Fed starting rate cuts later in 2024 

Traders of futures contracts that track expectations for the Federal Reserve's policy rate pushed out bets on the U.S. central bank's likely first interest-rate cut to June of next year, after Fed

Traders now see Fed starting rate cuts later in 2024 
News|US|World

Fed's Powell leans hawkish in IMF remarks

U.S.

Fed's Powell leans hawkish in IMF remarks
Economy|Finance|US

Fed's Powell: biggest mistake would be to fail to control inflation

Federal Reserve Chair Jerome Powell on Thursday said that while the Fed is "not going to ignore" a significant tightening in financial conditions from higher bond yields, there is no "

Fed's Powell: biggest mistake would be to fail to control inflation
Business|Economy|Finance|US

Fed's Barkin: 'remains to be seen' if more tightening is needed

Richmond Federal Reserve Bank President Thomas Barkin on Thursday said that while there's been "real progress" on inflation, he is still unsure if the U.S. central bank will

Fed's Barkin: 'remains to be seen' if more tightening is needed
Business|Economy|Finance|US

Fed reverse repos fall under $1 trillion for first time since August 2021

Money parked at the Federal Reserve’s reverse repo facility fell under the $1 trillion mark for the first time in just over two years, central bank data released on Thursday

Fed reverse repos fall under $1 trillion for first time since August 2021
News|US

Fed done raising rates; risk is for expected Q2 cut to be delayed - Reuters poll

The U.S.

Fed done raising rates; risk is for expected Q2 cut to be delayed - Reuters poll
Business|Economy|Finance

Column-Central banks need a word with budget masters: Mike Dolan

If a re-emerging risk premium in bonds is down to government debt sustainability worries, central banks may need to lobby their Treasuries that it's undermining their

Column-Central banks need a word with budget masters: Mike Dolan
Business|Finance|Stock Markets|US

Wall Street looks to slippery open as Fed's Powell quells rate peak bets

U.S. stocks looked set for a mixed to lower start on Friday, while the dollar was steady as hawkish comments from U.S.

Wall Street looks to slippery open as Fed's Powell quells rate peak bets
Business|Economy|Finance|Stock Markets|US

Analysis-Some investors see Powell's hawkish lean as response to looser financial conditions

A hawkish lean from Federal Reserve Chair Jerome Powell chilled a recent rebound in stocks and bonds, with some investors suggesting the central bank

Analysis-Some investors see Powell's hawkish lean as response to looser financial conditions
Uncategorized

Fed's Williams says US central bank's policymaking now more strategic

By Michael S.

Fed's Williams says US central bank's policymaking now more strategic
Business|Economy|Finance|US

Fed's Jefferson: high uncertainty could justify aggressive policy

Federal Reserve Vice Chair Philip Jefferson on Wednesday closed a daylong Fed conference with the observation that operating under uncertainty is a challenge for central bankers and that,

Fed's Jefferson: high uncertainty could justify aggressive policy
Economy

NY Fed: US Q3 credit card debt up on strong economy, as credit woes tick higher

By Michael S.

NY Fed: US Q3 credit card debt up on strong economy, as credit woes tick higher
Economy|Finance|News|US

Fed's Waller calls Q3 US GDP growth a 'blowout,' but newer data suggest slowdown

Federal Reserve policymakers fresh from last week's decision to hold the policy rate steady are weighing strong economic data, some

Fed's Waller calls Q3 US GDP growth a 'blowout,' but newer data suggest slowdown
Business|Economy|Finance|News|US

Fed's Logan: watching if financial conditions tight enough

Dallas Federal Reserve Bank President Lorie Logan on Tuesday said she supported leaving the Fed's policy rate on hold last week to assess if financial conditions are

Fed's Logan: watching if financial conditions tight enough
Economy|Finance|US

Fed may have to do more to get US inflation back to 2% - Kashkari

The Federal Reserve may have to do more to bring inflation back down to its 2% target given the recent run of resilient economic data, Minneapolis Fed Bank President Neel Kashkari said on

Fed may have to do more to get US inflation back to 2% - Kashkari
Business|Economy|Finance|US

Kashkari: Fed has more work to do to control inflation

Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that the U.S. central bank likely has more work ahead of it to control inflation.

Kashkari: Fed has more work to do to control inflation
Business|Economy|Finance|Stock Markets|US

Wall St extends winning streak; eyes Fed speakers, Treasury auctions

U.S. stocks closed slightly higher on Monday as investors awaited guidance from a host of Federal Reserve policymakers later in the week on the central bank's policy

Wall St extends winning streak; eyes Fed speakers, Treasury auctions
Business|Economy|Finance|US

Fed's Neel Kashkari not convinced rate hikes are over -WSJ

Minneapolis Federal Reserve Bank President Neel Kashkari said he would err on the side of overtightening monetary policy rather than not doing enough to bring inflation down to the central

Fed's Neel Kashkari not convinced rate hikes are over -WSJ
Business|Economy|Finance|US

Fed's Cook says rising yields not tied to monetary policy outlook

The recent rise in long-term U.S. bond yields does not seem to have been driven by investor expectations of further interest rate increases, Federal Reserve

Fed's Cook says rising yields not tied to monetary policy outlook
Business|Economy|Finance|US

Fed's Cook says hopes current policy setting is adequate to settle inflation

Federal Reserve Gov. Lisa Cook said she hopes the central bank's current target interest rate is adequate to return inflation to the Fed's 2% target.

Fed's Cook says hopes current policy setting is adequate to settle inflation
Business|Economy|Finance|US

Fed report shows US loan officers see tighter credit, weaker demand

Banks tightened lending standards for U.S. businesses and households in the third quarter, but the pace of change appeared to ease, and demand for loans fell

Fed report shows US loan officers see tighter credit, weaker demand
Economy|Finance|News|Stock Markets|US

US stocks close higher as Treasury yields fall after weak jobs data

Wall Street's main stock indexes rallied on Friday as bond yields fell sharply after data showed signs of slowing U.S. jobs growth and an uptick in

US stocks close higher as Treasury yields fall after weak jobs data
Business|Economy|News|US

US jobs growth slows more than expected in October

U.S. job growth slowed more than expected in October in part as strikes by the United Auto Workers (UAW) union against Detroit's "Big Three" car makers depressed manufacturing

US jobs growth slows more than expected in October
Business|Economy|News

Three job signals to console the Fed, and a yellow flag

The October jobs report likely was a relief to Federal Reserve officials who hope the U.S. economy can edge down softly from a period of high inflation and

Three job signals to console the Fed, and a yellow flag
Business|Economy|Finance|Stock Markets|US

Take Five: You (may) have arrived at your destination

Next week will have plenty to keep financial market traders and investors busy, including whether the Federal Reserve really has hit peak rates, another possible rate rise in

Take Five: You (may) have arrived at your destination
Economy|Finance|Stock Markets|US

Stocks jump, dollar and yields drop after US jobs market softens

Global stock indexes rose sharply, the U.S. dollar dropped to a six-week low and benchmark 10-year U.S.

Stocks jump, dollar and yields drop after US jobs market softens
Finance|Stock Markets|US

Stock investors see green light in falling Treasury yields

Hopes that a rout in Treasuries has run its course are tempting some investors back into the U.S. stock market after a months-long selloff.

Stock investors see green light in falling Treasury yields
Business|Economy|Finance|News|US

Productivity adds the anesthetic to Powell's pain-free disinflation

A recent surge in U.S. productivity has underscored Federal Reserve Chair Jerome Powell's emerging narrative for how inflation may continue to decline even

Productivity adds the anesthetic to Powell's pain-free disinflation
Business|Finance|Stock Markets

Hedge funds caught in crowded trades suffered in Thursday's stock rally -Goldman Sachs

Global hedge funds using algorithms to trade stocks endured one of their worst days of the year on Thursday, a Goldman Sachs note on Friday showed, a sign that a

Hedge funds caught in crowded trades suffered in Thursday's stock rally -Goldman Sachs
Business|Economy|Finance|US

Fed's Kashkari: a lot of uncertainty about what is driving yield curve

Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said there is a lot of uncertainty over what is driving longer-term bond yields, whose rise in September and October helped convince

Fed's Kashkari: a lot of uncertainty about what is driving yield curve
Business|Economy|Finance|News|US

Fed rate hikes may be done as labor market cools further

Slowing U.S. job growth and cooling wage pressures may give Federal Reserve policymakers renewed confidence the U.S. economy is adjusting from the shock

Fed rate hikes may be done as labor market cools further
Business|Economy|News|US

US productivity rises at fastest pace in three years in the third quarter

U.S. worker productivity grew at its quickest pace in three years in the third quarter, depressing labor costs.

US productivity rises at fastest pace in three years in the third quarter
Business|Economy|Finance|US

Oil rises nearly 3% after Fed, BoE keep rates unchanged

Oil prices gained more than $2 a barrel on Thursday, breaking a three-day declining streak as risk appetite returned to financial markets a day after the U.S.

Oil rises nearly 3% after Fed, BoE keep rates unchanged
Economy|Finance|US

Fed's Powell says question of rate cuts not on radar right now

Federal Reserve Chair Jerome Powell said Wednesday that the U.S. central bank is not thinking about lowering rates right now.

Fed's Powell says question of rate cuts not on radar right now
Economy

Fed's Powell says higher rates need to persist to affect Fed policy choices

By Michael S.

Fed's Powell says higher rates need to persist to affect Fed policy choices
Business|Economy|Finance|US

Fed's Powell says balance sheet rundown will proceed without change for now

Federal Reserve Chair Jerome Powell said on Wednesday that he sees no reason to change the current drawdown of the central bank's still-massive balance sheet.

Fed's Powell says balance sheet rundown will proceed without change for now
Business|Economy|Finance|News|Stock Markets|US

Fed leaves rates unchanged, acknowledges strong economy

The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs in a policy statement that acknowledged the U.S.

Fed leaves rates unchanged, acknowledges strong economy
Business|Economy|Finance|US

DoubleLine's Gundlach expects interest rates to fall as US economy worsens

DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates further and tips into a recession in early 2024, he said in an

DoubleLine's Gundlach expects interest rates to fall as US economy worsens
Business|Economy|Finance|US

Analysis-Bruised Treasury bulls see glimmer of hope after Fed meeting, smaller issuance

Wall Street's bond investors received a much-needed shot in the arm on Wednesday, thanks to smaller-than-expected government borrowing from

Analysis-Bruised Treasury bulls see glimmer of hope after Fed meeting, smaller issuance
US

US Treasury yields fall on slower pace of auction increases for long-dated debt

The U.S.

US Treasury yields fall on slower pace of auction increases for long-dated debt
Business|Economy|Finance|US

US job openings stay elevated, layoffs at nine-month low

U.S. job openings increased in September, pointing to persistent labor market tightness that is supporting the economy and likely to see the Federal Reserve

US job openings stay elevated, layoffs at  nine-month low
Economy|News|US

Wages boost US labor costs, house price inflation picks up

U.S. labor costs increased solidly in the third quarter amid strong wage growth while house price inflation accelerated in August, the latest signs that the

Wages boost US labor costs, house price inflation picks up
Business|Economy|Finance|News|US

US job openings remain elevated in September

U.S. job openings increased in September, pointing to persistent labor market tightness that is underpinning the economy and likely to see interest rates staying high for some

US job openings remain elevated in September
Business|Economy|Finance|US

US annual home price growth accelerates in August, FHFA says

U.S. annual home price growth accelerated for a third straight month in August, underscoring the recovery of the housing market after a period of softening, data showed on Tuesday.

US annual home price growth accelerates in August, FHFA says
Business|Economy|Finance|US

Stock options bets on volatility around macro events are finally paying off

Options traders betting that Wednesday's Federal Reserve meeting and highly anticipated macroeconomic events later this week could cause gyrations in markets

Stock options bets on volatility around macro events are finally paying off
News|US

Republican US senator presses Fed officials on bond-buying policies

U.S.

Republican US senator presses Fed officials on bond-buying policies
Business|Finance|Stock Markets|US

US stocks rally as Fed holds rates, prompts hope for end to hikes

Wall Street's major indexes closed higher on Wednesday with the Nasdaq's 1.6% advance leading gains, after the U.S.

US stocks rally as Fed holds rates, prompts hope for end to hikes
Business|Economy|Finance|News|US

Fed buzz: words to watch for as the Fed sets rates

Federal Reserve policymakers have telegraphed no change to the current 5.25%-5.50% target range for short-term interest rates at their two-day meeting starting Tuesday.

Fed buzz: words to watch for as the Fed sets rates
Business|Economy|Finance|US

Benchmark 10-year Treasury yield could top 7%: Ned Davis Research

Investors should be prepared for long-duration Treasury yields to reach 7% if the U.S. economy skirts a widely anticipated recession, Ned Davis Research warned in

Benchmark 10-year Treasury yield could top 7%: Ned Davis Research
Business|Finance|News|Stock Markets|US

Wall St closes higher on eve of Fed decision; investors assess earnings

Wall Street's main indexes ended Tuesday's session with gains as investors looked ahead to the Federal Reserve's monetary policy update while they

Wall St closes higher on eve of Fed decision; investors assess earnings
Business|Economy|Finance|Stock Markets|US

Wall Street ends sharply higher, powered by earnings momentum; Fed eyed

Wall Street rallied on Monday, kicking off what promises to be a hectic week that includes a heavy earnings docket, economic data and the Federal Reserve's two-day

Wall Street ends sharply higher, powered by earnings momentum; Fed eyed
Economy

Fed's reverse repo facility drawdown looms large in balance sheet debate

By Michael S.

Fed's reverse repo facility drawdown looms large in balance sheet debate
Business|Economy|News|US

US consumer spending exits third quarter on strong note; monthly core inflation rises

U.S. consumer spending surged in September as households boosted purchases of motor vehicles and traveled, keeping spending on a higher growth path heading

US consumer spending exits third quarter on strong note; monthly core inflation rises
News|US

Tighter credit, lending conditions build case for Fed policy hold

U.S.

Tighter credit, lending conditions build case for Fed policy hold
Economy|Finance|News|US

NY Fed can cut off Puerto Rican bank in Venezuela-related crackdown -US judge

A U.S. judge on Friday refused to block the Federal Reserve Bank of New York from terminating a Puerto Rican bank's access to the U.S. central banking system,

NY Fed can cut off Puerto Rican bank in Venezuela-related crackdown -US judge
Economy|Finance|MidEast|News|Stock Markets

Investors on edge as Middle East conflict intensifies

Investors are watching over the weekend for signs of whether the conflict in the Middle East will escalate, which could ratchet up volatility in markets that

Investors on edge as Middle East conflict intensifies
Business|Finance|News|Stock Markets|US

Wall Street ends mixed at close of earnings-packed week

U.S. stocks closed mostly lower on Friday, losing momentum as investors digested a hectic week of mixed earnings, and economic data that seemed to support the "

Wall Street ends mixed at close of earnings-packed week
Business|Finance|Stock Markets|Technology|US

Frazzled U.S. stock investors eye frothy Treasury market as Fed looms

Financial markets are bracing for what could be a momentous week, with a Federal Reserve meeting, U.S. employment data and earnings from technology heavyweight

Frazzled U.S. stock investors eye frothy Treasury market as Fed looms
Business|Economy|Finance|US

Fed seen keeping rates on hold well into next year

Cooling inflation will likely keep the Federal Reserve on pause in coming months, traders bet on Friday, even as persistent underlying price pressures amid strong consumer spending kept some chance of

Fed seen keeping rates on hold well into next year
Economy|Finance|News|US

US economy delivers blockbuster performance in third quarter

The U.S. economy grew almost 5% in the third quarter, again defying dire warnings of a recession, as higher wages from a tight labor market helped to fuel

US economy delivers blockbuster performance in third quarter
Economy|Finance|News|Stock Markets|US

Traders boost bets Fed will keep rates on hold this year

Traders on Thursday added to bets the Federal Reserve will keep policy on hold through this year and will begin interest rate cuts in mid-2024, despite a stronger-than-expected reading for

Traders boost bets Fed will keep rates on hold this year
Business|Economy|Finance|US

Federal Reserve Board ends enforcement action with Citigroup

The Federal Reserve Board on Thursday terminated the enforcement action with Citigroup, sending the shares of the lender up 2/1% in morning trading.

Federal Reserve Board ends enforcement action with Citigroup
US

US Fed considers shrinking fees banks charge on debit card transactions

The U.S.

US Fed considers shrinking fees banks charge on debit card transactions
Business|Economy|Finance

Fed hawks, Fed doves: What U.S. central bankers say about policy

By Ann Saphir 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, Fed doves: What U.S. central bankers say about policy
Business|Economy|Finance|US

Column-Financial conditions tighten again to temper heated US economy: McGeever

After 18 months of relentlessly rising borrowing costs, the U.S. economy is accelerating again, begging the question about when or if tightening

Column-Financial conditions tighten again to temper heated US economy: McGeever
Business|Economy|Finance|US

Vanguard bets on long-term US Treasuries after 'cruel summer' for bond investors

U.S. asset manager Vanguard is bullish on longer-dated Treasuries after this year's brutal selloff, betting that the Federal Reserve is at the end of its rate

Vanguard bets on long-term US Treasuries after 'cruel summer' for bond investors
Business|Economy|Finance|US

Inflation, commercial real estate among top financial stability concerns -Fed survey

The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of

Inflation, commercial real estate among top financial stability concerns -Fed survey
Business|Economy|Finance|US

Fed's Mester says plenty of room left to run on balance sheet drawdown

Federal Reserve Bank of Cleveland President Loretta Mester said on Friday the central bank still has plenty of space to cut the size of its holdings as a complement to its tighter

Fed's Mester says plenty of room left to run on balance sheet drawdown
Economy

Fed's Mester says Fed at or near peak for interest rate target

By Michael S.

Fed's Mester says Fed at or near peak for interest rate target
Uncategorized

Fed's Bostic: possible Fed could lower rates in late 2024 - CNBC

By Michael S.

Fed's Bostic: possible Fed could lower rates in late 2024 - CNBC
US

Bond term premiums are now a focus for the Fed. What are they?

U.S.

Bond term premiums are now a focus for the Fed. What are they?
Business|Economy|Finance|US

BofA pushes out final Fed rate hike expectation to December

BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate hike in December instead of November.

BofA pushes out final Fed rate hike expectation to December
Business|Finance|Stock Markets|US

Relentless climb in Treasury yields may have further to run after surging to 5%

Some investors believe a bond market selloff that has pushed the benchmark U.S.

Relentless climb in Treasury yields may have further to run after surging to 5%
Business|Economy|Finance|News|US

US weekly jobless claims at nine-month low; labor market remains tight

The number of Americans filing new claims for unemployment benefits fell to a nine-month low last week, indicating that strong job growth persisted in October

US weekly jobless claims at nine-month low; labor market remains tight
Economy|Finance|US

US economy little changed in recent weeks -Fed survey

U.S. economic activity was little changed over the last month and a half, as labor market tightness continued to ease and prices continued to increase at a modest pace,

US economy little changed in recent weeks -Fed survey
Business|Economy|Finance|US

Fed's Powell: Strong economy may still require rate increases - Reuters News

The U.S. economy's strength and continued tight labor markets could warrant further Federal Reserve interest rate increases, Fed Chair Jerome Powell said on

Fed's Powell: Strong economy may still require rate increases - Reuters News
Uncategorized

Fed's Logan: Fed has "some time" to see data before deciding next rate move

By Michael S.

Fed's Logan: Fed has "some time" to see data before deciding next rate move
Economy|Finance|US

Fed's Bostic: Lowering inflation still main US central bank mission

Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that controlling inflation is still the U.S. central bank's mission, although he did not say what that

Fed's Bostic: Lowering inflation still main US central bank mission
Business|Economy|Finance|News|US

Fed developing extra 'stress test' scenarios to test for bank weaknesses: official

The U.S. Federal Reserve is developing additional scenarios to probe for weaknesses in large banks as part of its 2024 stress test, its top regulatory official said Thursday.

Fed developing extra 'stress test' scenarios to test for bank weaknesses: official
Business|Economy|Finance|US

Barclays now expects U.S. Fed rate hike in December

Barclays forecasts the U.S. Federal Reserve delivering a 25-basis-point hike in December, compared to a prior rate hike expectation in November.

Barclays now expects U.S. Fed rate hike in December
Business|Economy|Finance|US

Analysis-Bond buyers dip toes in long-term Treasuries despite higher-for-longer rate fears

Some investors are increasing exposure to longer term U.S.

Analysis-Bond buyers dip toes in long-term Treasuries despite higher-for-longer rate fears
Economy|Finance|News|Stock Markets|US

US options traders on edge, eye bond market moves

U.S. equity options traders remain on edge, with much of their focus on U.S. Treasuries even as Middle East tensions persist.

US options traders on edge, eye bond market moves
Economy|Finance|US

U.S. mortgage application flow plunges to lowest since 1995

The volume of U.S. mortgage applications plummeted to the lowest in nearly three decades last week as the

U.S. mortgage application flow plunges to lowest since 1995
Business|Economy|Finance|News

US Federal Reserve to meet Oct. 24 to discuss final fair lending rule

The Federal Reserve will meet Oct. 24 to discuss final rules updating requirements for fair lending by banks under a long-standing law, the central bank announced Tuesday.

US Federal Reserve to meet Oct. 24 to discuss final fair lending rule
Business|Finance|US

Shares in Visa, Mastercard slide on expected Federal Reserve fee cap proposal

Shares in Visa and Mastercard slid on Wednesday on news the U.S.

Shares in Visa, Mastercard slide on expected Federal Reserve fee cap proposal
News

NY Fed finds modest economic impact from restart of student loan payments

By Michael S.

NY Fed finds modest economic impact from restart of student loan payments
Business|Economy|Finance|US

Fed on pause as policymakers parse mixed data

Federal Reserve policymakers are signaling a pause in hiking interest rages for another couple months as they wait for a resolution of mixed signals: strong economic data, signs of

Fed on pause as policymakers parse mixed data
Economy|Finance|News|US

Fed's Kashkari: inflation still too high

Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said it has taken much longer than expected for inflation to come down, and it is "still too high."

Fed's Kashkari: inflation still too high
Economy

Fed's Barkin: Fed has time to see data before making next rate move call

By Michael S.

Fed's Barkin: Fed has time to see data before making next rate move call
Economy|Finance|News

Fed's Barkin: can't rely on tightening from long-term rates

Richmond Federal Reserve Bank chief Thomas Barkin on Tuesday said that higher long-term borrowing costs are putting downward pressure on demand but it's unclear how that will affect the

Fed's Barkin: can't rely on tightening from long-term rates
Economy

Fed's Harker says high interest rates closing off housing for new buyers

By Michael S.

Fed's Harker says high interest rates closing off housing for new buyers
Business|Economy|Finance|News|US

Fed's Harker says Fed should not be considering more rate increases

Federal Reserve Bank of Philadelphia President Patrick Harker said on Monday the central bank should not create new pressures in the economy by increasing the cost of borrowing.

Fed's Harker says Fed should not be considering more rate increases
Business|Economy|Finance|US

Fed's Goolsbee says fall in US inflation is not just a blip- FT

Chicago Fed president Austan Goolsbee said it is "undeniable" that the slowdown in U.S. inflation is a trend rather than a momentary blip, despite a recent string of economic data showing

Fed's Goolsbee says fall in US inflation is not just a blip- FT
Business|Economy|Finance|News|US

Dollar drops against euro, flat against yen

The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve officials that will be watched for further clues on interest rate policy and

Dollar drops against euro, flat against yen
Economy

Fed's Harker: Amid ongoing disinflation, rate hikes likely over

By Michael S.

Fed's Harker: Amid ongoing disinflation, rate hikes likely over
Uncategorized

NY Fed survey: Ahead of Sept. FOMC, big banks eyed one more year of balance sheet cuts

By Michael S.

NY Fed survey: Ahead of Sept. FOMC, big banks eyed one more year of balance sheet cuts
Business|Economy|Finance|News|Stock Markets|US

Marketmind: Fed's data-driven approach set for inflation test

A look at the day ahead in U.S. and global markets by Samuel Indyk The minutes from the Federal Reserve's September policy meeting on Wednesday confirmed the central bank is watching the data closely,

Marketmind: Fed's data-driven approach set for inflation test
Economy|Finance|News|US

Instant View: Gas and shelter costs send US consumer prices higher in Sept

U.S. consumer prices increased in September amid higher costs for rent and gasoline, but underlying inflation is slowing, supporting financial market expectations that the Federal

Instant View: Gas and shelter costs send US consumer prices higher in Sept
Business|Economy|Finance|US

How U.S. bank balance sheets have changed as Fed raises rates

The Federal Reserve's aggressive monetary policy tightening is prompting U.S. banks to slow the flow of credit and beef up cash levels after the panic in March when Silicon Valley Bank

How U.S. bank balance sheets have changed as Fed raises rates
Economy|Finance|News|US

Fed's Powell set to speak Oct 19 ahead of blackout period

Federal Reserve Chair Jerome Powell will speak on Oct. 19 before the Economic Club of New York, just before the U.S. central bank's blackout period begins ahead of its next interest-rate

Fed's Powell set to speak Oct 19 ahead of blackout period
Uncategorized

Fed's Collins says CPI data drives home uneven progress on restoring price stability

By Michael S.

Fed's Collins says CPI data drives home uneven progress on restoring price stability
Business|Economy|Finance

Fed doves, Fed hawks: US central bankers in their own words

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 doves, Fed hawks: US central bankers in their own words
Economy|Finance|News|US

Bets on Fed December rate hike rise after inflation data

Traders see a stronger chance the Federal Reserve will end up delivering another interest-rate hike this year, and keep rates higher for longer next year, after U.S. data on Thursday

Bets on Fed December rate hike rise after inflation data
Economy|Finance|US

Analysis-Fed pivot hopes whipsaw Treasury market as investors hunt for rate peak

Shifting views on the Federal Reserve's monetary policy trajectory are roiling the U.S.

Analysis-Fed pivot hopes whipsaw Treasury market as investors hunt for rate peak
Business|Economy|Finance|News|Stock Markets|US

Wall Street advances as bond yields fall, investors digest Fed minutes

Wall Street's major indexes closed higher after Wednesday's choppy session with the release of minutes from the U.S.

Wall Street advances as bond yields fall, investors digest Fed minutes
Economy|Finance|US

Uncertainty, growth risks put Fed on cautious footing last month, minutes show

Uncertainty around the path of the U.S. economy, including difficulties estimating the state of financial markets, potential oil price shocks, and the impact

Uncertainty, growth risks put Fed on cautious footing last month, minutes show
Asia|Business|Economy|Finance

Marketmind: Fed pivot begins to crystallize

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Marketmind: Fed pivot begins to crystallize
Business|Finance|US

Marketmind: A window into the Fed's thinking

A look at the day ahead in U.S. and global markets by Amanda Cooper, editor, finance and markets breaking news Investors are always eager to get a look at the minutes from the Federal

Marketmind: A window into the Fed's thinking
Business|Economy|Finance|US

Gasoline, food drive US producer prices higher; core inflation cools

U.S. producer prices increased more than expected in September amid higher costs for energy products and food, but underlying inflation pressures at the

Gasoline, food drive US producer prices higher; core inflation cools
Business|Economy|Finance|News|US

Fed will stay 'on the job' to reduce inflation, Waller says

Federal Reserve Governor Christopher Waller on Tuesday reiterated the U.S. central bank's determination to bring inflation down to its 2% target, but did not comment on the economic

Fed will stay 'on the job' to reduce inflation, Waller says
News|US

Fed's Waller: Fed can "watch and see" if further hikes needed

U.S.

Fed's Waller: Fed can "watch and see" if further hikes needed
Economy|News|US

Fed's Kashkari: Soft-landing in view, but risks remain

Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said he believes the U.S. economy is on track for a soft landing in which inflation falls back to the Fed's 2% goal but

Fed's Kashkari: Soft-landing in view, but risks remain
Business|Economy|Finance|News|US

Fed's 'golden path' to lower inflation may have some potholes

The "golden path" some Federal Reserve officials see leading to lower inflation without high unemployment may, like the pot of gold at the end of

Fed's 'golden path' to lower inflation may have some potholes
Economy|Finance|US

Fed's Daly: Risks of doing too much vs too little 'roughly balanced'

With U.S. inflation down from its peak, the risk of raising interest rates too little no longer far outweighs the risk of raising rates too much, San Francisco Federal Reserve President

Fed's Daly: Risks of doing too much vs too little 'roughly balanced'
Economy|Finance|News

Fed's Collins says economy has yet to feel full impact of Fed rate hike cycle

Federal Reserve Bank of Boston President Susan Collins on Wednesday said central bank rate rises are still working through the economy.

Fed's Collins says economy has yet to feel full impact of Fed rate hike cycle
Economy

Fed's Collins says central bank may have to hike again if data calls for it

By Michael S.

Fed's Collins says central bank may have to hike again if data calls for it
Economy|Finance|News|US

Fed's Bowman says US policy rate may need to rise further

Federal Reserve Governor Michelle Bowman on Wednesday repeated her view that despite "some progress" on inflation, the U.S. central bank will probably need to tighten monetary policy

Fed's Bowman says US policy rate may need to rise further
Business|Economy|Finance|US

Despite rout, bond strategists stay tethered to falling yield forecasts

Bond market strategists are holding on to their forecasts for U.S.

Despite rout, bond strategists stay tethered to falling yield forecasts
Economy|Finance|US

Column-Fed QT mix may be capping, not spurring, long yields: McGeever

The recent surge in long-dated U.S. bond yields to their highest since 2007 has a few plausible triggers, but the Fed's quantitative tightening (QT)

Column-Fed QT mix may be capping, not spurring, long yields: McGeever
News|US

US Treasury futures rise on flight to quality, cautious Fed speak

U.S.

US Treasury futures rise on flight to quality, cautious Fed speak
Economy|Finance|US

Tighter financial conditions could leave less for Fed to do, Logan says

The recent rise in long-term U.S.

Tighter financial conditions could leave less for Fed to do, Logan says
Business|Economy|Finance|US

Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal

Even as the U.S. economy bounds along, rising interest rates on government bonds could threaten the plans of elected officials and central bankers who

Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal
Economy

NY Fed finds mixed bag for consumer's expected inflation path in September

By Michael S.

NY Fed finds mixed bag for consumer's expected inflation path in September
News|US

Nodding to rising bond yields, Fed's Jefferson says can "proceed carefully"

The U.S.

Nodding to rising bond yields, Fed's Jefferson says can "proceed carefully"
Business|Finance|News|Stock Markets|US

Marketmind: 'Remarkable' US markets surf crosscurrents

A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks have surfed through multiple crosscurrents over the past week - from the blistering spike in Treasury yields to the

Marketmind: 'Remarkable' US markets surf crosscurrents
Business|Economy|Finance|News|Stock Markets|US

Dovish Fed officials boost Wall Street as bond yields retreat

Wall Street indexes closed higher on Tuesday, to notch their third straight day of gains, after dovish comments from U.S.

Dovish Fed officials boost Wall Street as bond yields retreat
Uncategorized

Fed's Perli says balance sheet run down still has a ways to go

By Michael S.

Fed's Perli says balance sheet run down still has a ways to go
Business|Economy|Finance|US

Fed's Bostic sees no more U.S. rate hikes, no recession

Atlanta Federal Reserve Bank President Raphael Bostic on Tuesday said the U.S. central bank need not raise borrowing costs any further, and sees no recession ahead even as

Fed's Bostic sees no more U.S. rate hikes, no recession
Business|Economy|Finance|News|Stock Markets

Stocks ride wave of risk appetite; Israel conflict rages on

Global stocks rose on Tuesday, as a wave of risk appetite swept through markets after Federal Reserve officials signaled the recent yield surge could justify caution

Stocks ride wave of risk appetite; Israel conflict rages on
Economy

Fed's Mester: Strong jobs data do not change underlying view on hiring

By Michael S.

Fed's Mester: Strong jobs data do not change underlying view on hiring
Economy|Finance|News|US

Fed's Bowman says it will likely be appropriate to raise rates again

Federal Reserve Governor Michelle Bowman on Saturday repeated her view that inflation continues to be too high despite "considerable" progress in lowering it, and the U.S. central bank

Fed's Bowman says it will likely be appropriate to raise rates again
Economy|Finance|News|US

U.S. jobs data could be the Fed's cue to hike or hold

A new U.S. employment report on Friday will show whether the labor market continued to moderate through September in what could be an important waypoint for

U.S. jobs data could be the Fed's cue to hike or hold
Business|Economy|Finance|US

US bond funds suffer outflows on rate worries; money market funds gain traction

U.S. bond funds saw significant outflows in the week ending Oct. 4, driven by concerns about prolonged elevated interest rates, while money market funds garnered substantial inflows as

US bond funds suffer outflows on rate worries; money market funds gain traction
News|US

Treasury yields wrecking-ball surge gets fresh fuel after blowout jobs report

The U.S.

Treasury yields wrecking-ball surge gets fresh fuel after blowout jobs report
Business|Economy|Finance|News|US

Ten-year yields highest since 2007 on strong jobs report

Benchmark 10-year U.S.

Ten-year yields highest since 2007 on strong jobs report
Business|Economy|News|US

US job growth sizzles in September; wage inflation cooling

U.S. employment increased by the most in eight months in September as hiring rose broadly, pointing to persistent labor market strength that could give the

US job growth sizzles in September; wage inflation cooling
Business|Economy|Finance|Stock Markets|US

Marketmind: Oil soothes but jobs dictate

A look at the day ahead in U.S. and global markets from Mike Dolan The bond blast upending world markets has been partly smothered by sharply falling oil prices for now - but September's U.S.

Marketmind: Oil soothes but jobs dictate
Business|Economy|Finance|News|US

Instant view: US job growth smashes expectations, raising prospects for rate hikes

U.S. job growth surged in September, suggesting that the labor market remains strong enough for the Federal Reserve to raise interest rates this year, though wage growth is moderating.

Instant view: US job growth smashes expectations, raising prospects for rate hikes
Business|Finance|News|Stock Markets|Technology|US

Indexes end up sharply with tech after strong jobs, slower wage growth

U.S. stocks rallied on Friday, led by technology shares to a sharply higher close as investors assessed a jobs report that showed U.S. hiring rose broadly

Indexes end up sharply with tech after strong jobs, slower wage growth
Business|Economy|Finance|US

Further Fed rate hike comes into view as job growth accelerates

Traders on Friday raised bets that the Federal Reserve will hike interest rates before the end of the year after a U.S. government report showed employers added far more jobs than expected

Further Fed rate hike comes into view as job growth accelerates
Business|Economy|Finance|US

Fed to release November meeting minutes a day earlier than usual

The Federal Reserve will release the minutes of its upcoming Oct.

Fed to release November meeting minutes a day earlier than usual
Uncategorized

Bond rout won't end Fed balance sheet cuts, but endgame bubbling into view

By Michael S.

Bond rout won't end Fed balance sheet cuts, but endgame bubbling into view
Business|Economy|Finance|US

US jobs report stands as next catalyst for Treasury market gyrations

A wild week in Treasury markets is set to culminate with the U.S. payrolls report on Friday, and some investors believe benign data could bring calm after a

US jobs report stands as next catalyst for Treasury market gyrations
Business|Economy|Finance|US

Rise in bond yields builds case for Fed hold, Daly says

San Francisco Federal Reserve Bank President Mary Daly on Thursday said that with U.S. monetary policy "well into" restrictive territory, a lot of progress toward 2%

Rise in bond yields builds case for Fed hold, Daly says
Business|Economy|Finance|US

Fed's Goolsbee does not see rise in long-term yields imperiling soft landing

(Reuters - Chicago Federal Reserve Bank President Austan Goolsbee says he sees no clear signals that the U.S. economy is veering off the "golden path" toward the Fed's 2% inflation goal and at the

Fed's Goolsbee does not see rise in long-term yields imperiling soft landing
Business|Economy|Finance|US

Fed says credit to wind down failed banks drops again in latest week

The Federal Reserve said on Thursday that credit it has extended to help wind down failed banks marked a big drop in the latest week.

Fed says credit to wind down failed banks drops again in latest week
Business|Economy|Finance|Stock Markets|US

Analysis-Bond vigilantes circle battered US Treasury market

Bond investors' rising concerns around U.S. government spending and its ballooning budget deficit are contributing to a steep sell-off that

Analysis-Bond vigilantes circle battered US Treasury market
Business|Economy|US

US job openings post largest increase in two years; quits rate unchanged

U.S. job openings unexpectedly increased in August amid a surge in demand for workers in the professional and business services sector, pointing to a still-

US job openings post largest increase in two years; quits rate unchanged
Business|Economy|Finance|US

US corporate bond spreads widen as hopes dim for soft landing

U.S. corporate bond spreads widened on Tuesday and are expected to widen further after the latest jobs data helped confirm many investors' expectations of higher-for-longer

US corporate bond spreads widen as hopes dim for soft landing
Business

Timeline of the Fed's ethics controversy at the two-year mark

By Michael S.

Timeline of the Fed's ethics controversy at the two-year mark
Business|Economy|Finance|Stock Markets|US

S&P 500 ends at lowest since June 1 as data fuels rate worries

The S&P 500 index closed at its lowest level since June 1 on Tuesday as economic data underscored the view the Federal Reserve may need to keep interest

S&P 500 ends at lowest since June 1 as data fuels rate worries
Uncategorized

Fed's Mester open to another rate hike if economy stays on current path

By Michael S.

Fed's Mester open to another rate hike if economy stays on current path
Business|Economy|Finance|US

Fed's Bostic: Rising long bond yields not having excessive impact on economy

The steady rise in long-term U.S.

Fed's Bostic: Rising long bond yields not having excessive impact on economy
Economy|Finance|News|US

Fed's Bostic: No 'urgency' to raise rates again, but cuts a long way off

With the economy slowing and inflation falling there is no urgency for the Federal Reserve to raise its policy interest rate again, but it will likely be a long time before the Fed

Fed's Bostic: No 'urgency' to raise rates again, but cuts a long way off
Business|Economy|Finance|US

DoubleLine's Gundlach says Fed's 'higher for longer' stance a problem

The Federal Reserve's stance of "higher for longer" on interest rates has become a major challenge and the economy is already showing signs that it is

DoubleLine's Gundlach says Fed's 'higher for longer' stance a problem
News|US

Column-Bonds eye Q4 salvation in another year to forget: McGeever

Stick it out, double down, or cut your losses?

Column-Bonds eye Q4 salvation in another year to forget: McGeever
Economy|Finance|News|US

Oil pares gains ahead of Fed Reserve comments

Oil prices pared gains after earlier climbing $1 on Monday, with questions around supply and global demand and ahead of comments from the U.S.

Oil pares gains ahead of Fed Reserve comments
Business|Finance|News|US

S&P 500 ends near flat; utilities drop, focus on rate outlook

The S&P 500 ended nearly flat on Monday with utilities falling sharply and investors weighing the likelihood the Federal Reserve will need to hold

S&P 500 ends near flat; utilities drop, focus on rate outlook
Business|Economy|Finance|Stock Markets|US

Marketmind: This Fed's not for turning

A look at the day ahead in U.S. and global markets by Mike Dolan If markets had been hoping the Federal Reserve might be minded to push back against the relentless rise in U.S. bond yields, they've

Marketmind: This Fed's not for turning
Business|Economy|Finance|Stock Markets|US

In the Market: US bond market signals the end of an era

The U.S. bond market is calling a moment: the age of low interest rates and inflation that began with the 2008 financial crisis has ended. What follows is unclear.

In the Market: US bond market signals the end of an era
Economy

Fed's Mester says one more U.S. rate hike may be needed

By Michael S.

Fed's Mester says one more U.S. rate hike may be needed
Economy|Finance|News|US

Fed's Barr says his focus is on how long to hold rates high

Federal Reserve Vice Chair for Supervision Michael Barr on Monday said the U.S. central bank should proceed "carefully" on monetary policy, adding that his focus is less on how much higher

Fed's Barr says his focus is on how long to hold rates high
Business|Economy|Finance|US

Fed chief Powell has warned of economic pain. In York, Pa., he heard all about it

After helping build a floor under the economy during the pandemic only to put a squeeze on it as inflation soared, Federal Reserve Chair Jerome

Fed chief Powell has warned of economic pain. In York, Pa., he heard all about it
Business|Finance|Stock Markets|US

Retail investors flock to bond ETFs in third quarter as prices slide

Investors continued piling into exchange-traded funds (ETFs) that track U.S. government debt in the third quarter, with retail investor flows hitting their highest

Retail investors flock to bond ETFs in third quarter as prices slide
Business|Economy|Finance

Fed doves, Fed hawks: US central bankers in their own words

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 doves, Fed hawks: US central bankers in their own words
Business|Economy|Finance|US

Dips in core and "supercore" inflation could bolster a Fed hold

A measure of inflation closely watched by the Federal Reserve has now averaged near the central bank's 2% target for the last three months, another step

Dips in core and "supercore" inflation could bolster a Fed hold
Economy|Finance|News|US

US inflation outlook brightens as underlying price pressures subside

Underlying U.S. inflation moderated in August, with the annual rise in prices excluding food and energy falling below 4.0% for the first time in more than two

US inflation outlook brightens as underlying price pressures subside
Business|Economy|Finance|Stock Markets|US

US equity funds see biggest weekly outflow in three months

U.S. equity funds witnessed robust outflows in the seven days to Sept. 27 on worries about a potential extension of the Federal Reserve's restrictive monetary policy and a renewed surge in

US equity funds see biggest weekly outflow in three months
Business|Economy|Finance|US

S&P 500 dips after US inflation data, ending weak third quarter

The S&P 500 ended lower on Friday as investors digested implications of a U.S. inflation report for the Federal Reserve's interest

S&P 500 dips after US inflation data, ending weak third quarter
Business|Economy|Finance|Stock Markets|US

Marketmind: Oil spike delivers coup de grace to dire Q3

A look at the day ahead in U.S. and global markets by Mike Dolan A crude oil price spike to the highest of the year delivered a final blow to an ailing third-quarter for world markets and left forlorn

Marketmind: Oil spike delivers coup de grace to dire Q3
Economy|Finance|News|US

Instant view: US core inflation slows in August, consumer spending rises

U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%.

Instant view: US core inflation slows in August, consumer spending rises
Business|Economy|Finance|Stock Markets

Global stock index rises as oil, 10-year yield and dollar pull back

A global index of stocks bounced back after a nine-day losing streak on Thursday as oil prices fell and U.S.

Global stock index rises as oil, 10-year yield and dollar pull back
Uncategorized

Fed's Barkin says more data needed before making next monetary policy call

By Michael S.

Fed's Barkin says more data needed before making next monetary policy call
Economy

Fed's Barkin says it's too soon to say if another hike needed -Bloomberg TV

By Michael S.

Fed's Barkin says it's too soon to say if another hike needed -Bloomberg TV
Business|Economy|Finance

Explainer-Charting the Fed's economic data flow

The Federal Reserve held its benchmark overnight interest rate steady at the Sept. 19-20 policy meeting.

Explainer-Charting the Fed's economic data flow
Business|Economy|Finance|News|US

Average long-term US mortgage rate climbs for fourth straight week to highest level since November

The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what’s traditionally the housing market’s busiest time of the year

Average long-term US mortgage rate climbs for fourth straight week to highest level since November
Business|Economy|Finance|US

US applications for jobless claims fall to lowest level in 9 weeks

Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation

US applications for jobless claims fall to lowest level in 9 weeks
Business|Economy|Finance|US

Fed hawks and doves: what US central bankers are saying

U.S. central bankers have kept their target for short-term borrowing costs in the 5.25%-5.50% range since last July, when they completed their 2022-2023 rate-hike campaign to combat soaring

Fed hawks and doves: what US central bankers are saying
Business|Economy|Finance|US

Average long-term US mortgage rate climbs above 7% to highest level since late November

Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months

Average long-term US mortgage rate climbs above 7% to highest level since late November
Business|Economy|Finance|News|US

The number of Americans applying for jobless benefits holds steady as labor market remains strong

The number of Americans filing for jobless benefits didn’t change last week as the labor market continues to defy efforts by the Federal Reserve to cool it off

The number of Americans applying for jobless benefits holds steady as labor market remains strong
Asia|Business|Economy|Finance|Stock Markets|US|World

Stock market today: Asian benchmarks are mixed while US seems committed to current rates

Asian shares are trading mixed after most U.S. stocks slipped on firmer expectations that the Fed is committed to its current rate practices

Stock market today: Asian benchmarks are mixed while US seems committed to current rates
Business|Economy|Finance|News|US

Fed's Powell suggests that elevated inflation will likely delay rate cuts this year

Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed rate cuts until later this year because “recent data have clearly not given us greater confidence” that price increases are under control

Fed's Powell suggests that elevated inflation will likely delay rate cuts this year
Business|Economy|Finance|News|US

A top Federal Reserve official opens door to keeping rates high for longer

Federal Reserve Vice Chair Philip Jefferson suggested that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation

A top Federal Reserve official opens door to keeping rates high for longer
Business|Economy|Finance|News|US

US producer prices rose 2.1% from last year, most since April, as inflation remains stubborn

U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about whether and when the Federal Reserve will start cutting interest rates

US producer prices rose 2.1% from last year, most since April, as inflation remains stubborn
Business|Economy|Finance|News|US

Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates

Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool it

Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates
Economy|Europe|Finance

When are those rate cuts coming, already? The European Central Bank may be providing some hints

Markets are waiting to hear what European Central Bank President Christine Lagarde has to say about the timing of a first interest rate cut

When are those rate cuts coming, already? The European Central Bank may be providing some hints
Economy|Finance|News|US

Federal Reserve minutes: Some officials highlighted worsening inflation last month

Some Federal Reserve policymakers argued at their most recent meeting in March that inflation was likely worsening, even before the government reported Wednesday that price increases re-accelerated last month

Federal Reserve minutes: Some officials highlighted worsening inflation last month
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlook

Shares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlook
Business|Economy|Finance|US

Key question before US reveals latest consumer prices: Is inflation cooling enough for the Fed?

An eagerly awaited report Wednesday on consumer prices will show whether inflation is still easing, a trend the Federal Reserve will weigh in deciding when and by how much — or even whether — to cut interest rates this year

Key question before US reveals latest consumer prices: Is inflation cooling enough for the Fed?
Asia|Business|Finance|Stock Markets|US

Stock market today: Asia stocks rise with market focus on signs of interest rate cut

Asia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve

Stock market today: Asia stocks rise with market focus on signs of interest rate cut
Business|Economy|Finance|Stock Markets|US

When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all

Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates

When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all
Business|Economy|Finance|US

Charting the Fed's economic data flow

The U.S. central bank held its benchmark overnight interest rate steady in the 5.25%-5.50% range at the conclusion of its July 30-31 policy meeting, but since then Federal Reserve Chair

Charting the Fed's economic data flow
Business|Economy|Finance|Stock Markets

Stock market today: Asian shares mostly decline after Wall Street drop on rate cut concerns

Asian shares are mostly declining after a Federal Reserve official said the central bank might not deliver any of the cuts to interest rates this year that Wall Street has been counting on

Stock market today: Asian shares mostly decline after Wall Street drop on rate cut concerns
Business|Economy|News|US

US jobs report for March is likely to point to slower but still-solid hiring

The American economy is thought to have added 200,000 jobs in March — a more-than-respectable increase though one that would mark a slowdown from February’s vigorous gain of 275,000 and last year’s monthly average increase of 251,000

US jobs report for March is likely to point to slower but still-solid hiring
Asia|Business|Finance|Stock Markets|World

Stock market today: Asian shares mostly rise cheered by Wall Street finish

Asian shares are mostly higher after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year

Stock market today: Asian shares mostly rise cheered by Wall Street finish
Economy|Finance|News

Powell: Federal Reserve is still on track to cut rates despite signs of persistent inflation

Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February

Powell: Federal Reserve is still on track to cut rates despite signs of persistent inflation
Business|Economy|News|US

US job openings rise modestly to 8.8 million in February in strong labor market

U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong

US job openings rise modestly to 8.8 million in February in strong labor market
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asia markets are mixed after Wall Street's strong manufacturing data

Asian shares are mixed after Wall Street retreated as surprisingly strong U.S. manufacturing data cast doubts over how soon the Federal Reserve might cut interest rates

Stock market today: Asia markets are mixed after Wall Street's strong manufacturing data
Economy|Finance|News

Powell says Fed wants to see 'more good inflation readings' before it can cut rates

Federal Reserve Chair Jerome Powell reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won’t be ready to do so until it sees “more good inflation readings’’ and is more confident that annual price increases are falling toward its 2% target

Powell says Fed wants to see 'more good inflation readings' before it can cut rates
Business|Economy|Finance|News|US

An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually

A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease

An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually
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US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares trade mixed after Wall Street closes near record finish

Asian shares are trading mixed as investors await further indications of future U.S. interest rate cuts

Stock market today: Asian shares trade mixed after Wall Street closes near record finish
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares trade mixed after Wall Street closes near record finish

Asian shares are trading mixed as investors await further indications of future U.S. interest rate cuts

Stock market today: Asian shares trade mixed after Wall Street closes near record finish
Business|Economy|News|US

Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong

The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security

Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares rise after Wall Street rallies to records

Asian benchmarks are mostly higher after U.S. stocks rallied to records following the Federal Reserve's indication that it expects to deliver interest rate cuts later this year

Stock market today: Asian shares rise after Wall Street rallies to records
Asia|Business|Economy|Finance|News

Stock market today: Asian shares follow Wall St higher as markets await a rate decision by the Fed

Asian markets are mostly higher ahead of a decision by the Federal Reserve on the timing of cuts to interest rates

Stock market today: Asian shares follow Wall St higher as markets await a rate decision by the Fed
Business|Economy|News

Inflation remains a headache for small business owners

Inflation remains a top concern for small businesses, which reported lower optimism in February

Inflation remains a headache for small business owners
Asia|Business|Economy|Finance

Stock market today: Asian stocks gain ahead of US and Japan rate decisions

Asian stocks have gained ahead of policy decisions this week by Japan's central bank and the Federal Reserve

Stock market today: Asian stocks gain ahead of US and Japan rate decisions
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian stocks gain ahead of US and Japan rate decisions

Asian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve

Stock market today: Asian stocks gain ahead of US and Japan rate decisions
Business|Economy|Finance|US

Federal Reserve is likely to preach patience as consumers and markets look ahead to rate cuts

Across the United States, many people are eagerly anticipating the Federal Reserve’s first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates

Federal Reserve is likely to preach patience as consumers and markets look ahead to rate cuts
Asia|Economy|Finance|News|Stock Markets

Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent

Asian markets have retreated after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon

Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent
Economy|Finance|US

US wholesale prices picked up in February in sign that US inflation pressures remain elevated

Wholesale prices in the United States picked up again in February, the latest sign that inflation pressures remain elevated and might not cool in the coming months as fast as the Federal Reserve or the Biden administration would like

US wholesale prices picked up in February in sign that US inflation pressures remain elevated
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares are mostly higher ahead of a US report on inflation

Shares are mostly higher in Asia ahead of a report on inflation in the U.S. that could sway the Federal Reserve's timing on cutting interest rates

Stock market today: Asian shares are mostly higher ahead of a US report on inflation
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares rise after Wall Street sets another record

Asian shares are mostly higher after U.S. stocks climbed to records, with easier interest rates beckoning on the horizon

Stock market today: Asian shares rise after Wall Street sets another record
Business|Economy|Finance|News|US

Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year

A sweeping bank regulatory proposal will be significantly revised by year’s end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes

Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares trade mixed after Wall Street recovers

Asian shares are trading mixed after Wall Street recovered some losses from the day before

Stock market today: Asian shares trade mixed after Wall Street recovers
Business|Economy|News|US

US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong

U.S. job openings barely changed in January but remained at a high level, suggesting that the American job market remains healthy

US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024

Shares are mixed in Asia after China's premier said the country's target for economic growth this year is around 5%, in line with expectations

Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Economy|Finance|US

Federal Reserve's preferred inflation gauge picked up last month in sign of still-elevated prices

An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month

Federal Reserve's preferred inflation gauge picked up last month in sign of still-elevated prices
Business|Economy|News|US

US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate

The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate

US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate
Asia|Business|Economy|News|World

Stock market today: Asian shares mixed after Wall St edges back from recent highs

Asian shares are mixed after U.S. stocks edged back from their record heights

Stock market today: Asian shares mixed after Wall St edges back from recent highs
Economy|Finance|US

Brokerages predict September rate cut as market braces for Powell speech

Most brokerages have forecast a 25 basis points interest rate cut by the U.S.

Brokerages predict September rate cut as market braces for Powell speech
Business|Economy|Finance|News|US

Federal Reserve officials caution against cutting US interest rates too soon or too much

Several Federal Reserve policymakers are warning against cutting U.S. interest rates too soon or by too much in the wake of recent data showing inflation stayed unexpectedly high in January

Federal Reserve officials caution against cutting US interest rates too soon or too much
Business|Economy|News|US

Applications for US jobless benefits fall again as labor market powers on

The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs

Applications for US jobless benefits fall again as labor market powers on
Economy|Finance|News|US

Federal Reserve minutes: Officials worried that progress on inflation could stall in coming months

Federal Reserve officials acknowledged at their most recent meeting in January that there had been “significant progress” in reducing inflation

Federal Reserve minutes: Officials worried that progress on inflation could stall in coming months
Business|Economy|Finance|News|US

US applications for jobless benefits fall as labor market continues to show resilience

Fewer Americans filed for jobless claims last week as the labor market continues to show resilience in the face of elevated interest rates

US applications for jobless benefits fall as labor market continues to show resilience
Business|Economy|Election|News|US

Inflation might have dropped below 3% last month for 1st time in 3 years, a milestone for Biden

Inflation may have fallen below a 3% annual rate last month, which would be the lowest level in nearly three years and a potentially significant milestone as the Biden administration seeks to bolster Americans’ views of the economy before the November elections

Inflation might have dropped below 3% last month for 1st time in 3 years, a milestone for Biden
Business|Economy|US

Recession risks are fading, business economists say, but political tensions pose threat to economy

Just a quarter of business economists and analysts expect the United States to fall into recession this year

Recession risks are fading, business economists say, but political tensions pose threat to economy
Business|Economy|Finance|News|US

Inflation is nearly back to 2%. So why isn't the Federal Reserve ready to cut rates?

From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers

Inflation is nearly back to 2%. So why isn't the Federal Reserve ready to cut rates?
Business|Economy|News|US

US applications for unemployment benefits fall again despite recent layoff announcements

The number of Americans filing for jobless claims fell last week despite more layoff announcements from high-profile companies recently

US applications for unemployment benefits fall again despite recent layoff announcements
Economy|Finance|US

Powell: Federal Reserve on track to cut rates this year with inflation slowing and economy healthy

Chair Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates three times this year, a move that’s expected to begin as early as May

Powell: Federal Reserve on track to cut rates this year with inflation slowing and economy healthy

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