Today: September 21, 2024
Today: September 21, 2024

Federal Reserve

News|Political

Powell: 'Essential' that bank regulators re-propose Basel plan

U.S.

Powell: 'Essential' that bank regulators re-propose Basel plan
Economy

INSTANT VIEW-Fed's Powell: "More good data" will "strengthen" case for rate cut

Inflation "remains above" the U.S.

INSTANT VIEW-Fed's Powell: "More good data" will "strengthen" case for rate cut
Uncategorized

Fed's Powell defends central bank independence as challenges loom

By Michael S.

Fed's Powell defends central bank independence as challenges loom
Economy

Debating the fate of rates

A look at the day ahead in Asian markets. Is a U.S. interest rate cut coming? If so, when?

Debating the fate of rates
Economy

US Treasury's Yellen: inflation will continue to ease over time

Rent and housing costs are keeping U.S. inflation higher than preferred but consumer price pressures will continue to come down over time,

US Treasury's Yellen: inflation will continue to ease over time
Economy|News

Dollar dips as Powell remains cautious before CPI data

The dollar dipped on Wednesday after Federal Reserve Chair Jerome Powell indicated that the U.S. central bank is getting closer to cutting interest rates but wants to see

Dollar dips as Powell remains cautious before CPI data
Business|Economy

Stock market today: Asian shares are mixed as Japan's Nikkei 225 hits a new high, with eyes on Fed

Shares are mixed in Asia, while Tokyo's Nikkei 225 index has closed at another record high as investors awaited further comments by Federal Reserve Chair Jerome Powell before Congress

Stock market today: Asian shares are mixed as Japan's Nikkei 225 hits a new high, with eyes on Fed
Business|Economy

Rate cut prospects could bolster US stocks as investors await earnings, elections

The prospect of near-term interest rate cuts is bolstering the case for investors to remain bullish after a run in U.S. stocks that may soon be tested by

Rate cut prospects could bolster US stocks as investors await earnings, elections
Economy

Calm markets as China skirts deflation, NZ doves coo

A look at the day ahead in U.S. and global markets from Mike Dolan Even if U.S. inflation remains too irksome for the Federal Reserve to sound the all clear, there's much less trepidation overseas.

Calm markets as China skirts deflation, NZ doves coo
Business|Economy|News

Powell stresses message that US job market is cooling, a possible signal of coming rate cut

Federal Reserve Chair Jerome Powell reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it’s likely to begin cutting interest rates soon

Powell stresses message that US job market is cooling, a possible signal of coming rate cut
Business|Economy

Powell says Fed will cut rates when ready, regardless of political calendar

Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank will make interest rate decisions "when and as" they are needed, pushing back on a

Powell says Fed will cut rates when ready, regardless of political calendar
News|Political

Fed's Powell: Will act 'when and as' needed, regardless of election

U.S.

Fed's Powell: Will act 'when and as' needed, regardless of election
Economy

Fed's Cook: US data consistent with a soft landing

U.S. inflation should continue to fall without a significant further rise in the unemployment rate, Federal Reserve Governor Lisa Cook said on Wednesday.

Fed's Cook: US data consistent with a soft landing
Economy

Oil rises settles higher; US inflation data feeds rate cut hopes

Oil prices rose for the second consecutive session on Thursday with the Brent benchmark settling above $85 a barrel as hopes rose for U.S. interest rate cuts after

Oil rises settles higher; US inflation data feeds rate cut hopes
Economy

Cook says Fed would respond if unemployment starts to rise more quickly

The Federal Reserve is closely watching changes in the unemployment rate and would respond if it starts a quick climb, Fed Governor Lisa Cook said on Wednesday.

Cook says Fed would respond if unemployment starts to rise more quickly
Business|Economy

Nasdaq ends sharply lower as investors rotate out of Big Tech

The Nasdaq ended sharply lower on Thursday, hit by losses in Nvidia, Apple and Tesla as investors rotated into smaller companies after softer-

Nasdaq ends sharply lower as investors rotate out of Big Tech
Economy

CPI caution seems no barrier, sterling surges

A look at the day ahead in U.S. and global markets from Mike Dolan If Federal Reserve boss Jerome Powell had any inkling of the June U.S. inflation readout when speaking to Congress this week, then

CPI caution seems no barrier, sterling surges
Economy|News

Instant view- Tame US June CPI smoothes path for Fed ease

U.S. consumer prices unexpectedly fell in June and the annual increase was the smallest in a year, reinforcing views that the disinflation trend was back on track and drawing the Federal

Instant view- Tame US June CPI smoothes path for Fed ease
Economy|News

US weekly jobless claims fall more than expected

The number of Americans filing new applications for unemployment benefits dropped more than expected last week, but volatility around this time of the year as automobile

US weekly jobless claims fall more than expected
Economy

Monthly US consumer prices post first drop in four years as inflation subsides

U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents, firmly putting disinflation back on track and

Monthly US consumer prices post first drop in four years as inflation subsides
Economy|News

IMF sees US Fed in position to cut interest rates later this year

The International Monetary Fund said on Friday it continues to believe that the Federal Reserve could start cutting interest rates later this year and should

IMF sees US Fed in position to cut interest rates later this year
Economy|News

Fed's Daly says one or two rate cuts could be appropriate

San Francisco Federal Reserve Bank President Mary Daly on Thursday said that recent cooler inflation readings are a "relief" and she expects further easing in both price

Fed's Daly says one or two rate cuts could be appropriate
Economy

Average rate on a 30-year mortgage falls slightly, easing borrowing costs for home shoppers

The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices

Average rate on a 30-year mortgage falls slightly, easing borrowing costs for home shoppers
Economy|News

Fed's Musalem says cooler CPI data is 'encouraging'

Federal Reserve Bank of St.

Fed's Musalem says cooler CPI data is 'encouraging'
Economy

PRICES DROP FOR THE FIRST TIME SINCE START OF PANDEMIC (3pET)

The Consumer Price Index, a measurement of the average change in prices for a commonly purchased basket of goods and services, dropped 0.1% from May, which helped to slow the annual rate of inflation to 3% from 3.3% in May, according to the Bureau of Labor Statistics’ latest report.

PRICES DROP FOR THE FIRST TIME SINCE START OF PANDEMIC (3pET)

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