By Ann Saphir and Lindsay Dunsmuir (Reuters) – In mid-April, months into an increasingly frustrating house hunt, Harsh Grewal and his wife settled on a place in a San Francisco …
Fed
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By Bharat Gautam (Reuters) – Gold prices fell on Monday as elevated U.S. Treasury yields pressured demand for zero-yield bullion, ahead of a widely expected big interest rate hike by …
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Financial News
Market volatility, balance sheet surprises raise risk of bumpy Fed pivot
by Reutersby ReutersBy Howard Schneider (Reuters) – The Federal Reserve is expected to approve plans next week to reduce a nearly $9 trillion balance sheet that ballooned as part of its efforts …
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Top HeadlinesUS and World News
White House calls on Senate to vote on Fed nominees this week
by Reutersby ReutersWASHINGTON – The White House on Monday called on the U.S. Senate to vote this week on its nominees to lead the Federal Reserve Board of Governors, saying doing so …
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Financial News
China capable of adapting to U.S. Fed policy changes – FX regulator
by Reutersby ReutersBEIJING – China is capable of adapting to policy changes from the U.S. Federal Reserve and authorities expect uncertainties abroad to have a smaller impact on the Chinese currency, the …
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Financial News
Analysis-Dollar’s rally may be nearing ‘tipping point’ as Fed readies big hikes
by Reutersby ReutersBy Saqib Iqbal Ahmed and Gertrude Chavez-Dreyfuss (Reuters) – A months-long rally in the dollar may be reaching its peak as the Federal Reserve gears up to deploy more interest …
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Financial News
Zero to neutral in 9 months marks a defining pivot for Fed, Powell
by Reutersby ReutersBy Howard Schneider WASHINGTON – With even the most dovish U.S. central bankers now calling for a key interest rate to hit its “neutral” level by year’s end to tame …
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Financial News
Asia FX bearish bets firm as cenbanks catch-up to Fed tightening- Reuters poll
by Reutersby ReutersBy Indranil Sarkar (Reuters) – Bearish bets on most Asian currencies firmed, a Reuters poll found on Thursday, as several regional central banks trail the U.S. Federal Reserve in tightening …
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Financial News
Fed’s Bostic says slowing global growth a reason for Fed to be “cautious” – CNBC
by Reutersby ReutersWASHINGTON – The potential for a global economic slowdown is reason for the Fed “to be cautious” as it raises interest rates in coming months, Atlanta Fed president Raphael Bostic …
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Financial News
BOK governor nominee flags further policy tightening, but at more sedate pace than Fed
by Reutersby ReutersBy Cynthia Kim and Jihoon Lee SEOUL -South Korea’s central bank governor nominee Rhee Chang-yong said on Tuesday the bank will continue to tighten monetary policy, but suggested the pace …
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(Reuters) – The Federal Reserve’s aim is to raise rates quickly enough to bring down inflation without pushing the U.S. economy into recession or damaging the strong jobs market, Cleveland …
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Financial News
U.S. consumers up view of inflation, spending in coming year, NY Fed survey finds
by Reutersby Reuters(Reuters) – U.S. consumers boosted their expectations for inflation and household spending in the year ahead as the price of gas and food steepens, but tempered their view of inflation …
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By David Randall NEW YORK – Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as the Federal Reserve fights to slow the …
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By David Morgan (Reuters) – President Joe Biden’s nominees to the Federal Reserve moved a step closer to confirmation Thursday after U.S. Senate Majority Leader Chuck Schumer entered procedural motions …
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Financial News
Ex-Goldman executive banned from banking over mishandling of documents, Fed says
by Reutersby Reuters(Reuters) -A former Goldman Sachs <GS.N> managing director has been permanently barred from the banking industry over mishandling confidential documents leaked from the New York Federal Reserve, the U.S. central …
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By Asha Sistla (Reuters) – Gold inched lower in range-bound trade on Thursday, as the dollar and yields gained after the U.S. Federal Reserve reiterated its aggressive stance to combat …
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By Saqib Iqbal Ahmed NEW YORK – The rebound that saw U.S. stocks surge from last month’s lows has started to falter, as investors factor in faster monetary policy tightening …
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Financial News
Analysis-Aggressive Fed balance sheet runoff could jolt flattened yield curve
by Reutersby ReutersBy Karen Brettell and Davide Barbuscia (Reuters) – Investors are gauging whether comparatively quick balance sheet reduction by the Federal Reserve could perk up the flattening Treasury yield curve, which …
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Featured NewsTop HeadlinesUS and World News
Does Anyone Actually Believe The Fed Can Tame Inflation Without Tanking The Economy?
Does Anyone Actually Believe The Fed Can Tame Inflation Without Tanking The Economy? Harry Wilmerding on April 6, 2022 Leading economists and financial institutions said they are not confident in …
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Financial News
U.S. dollar to stay dominant so long as Fed stays hawkish: Reuters poll
by Reutersby ReutersBy Hari Kishan and Shrutee Sarkar BENGALURU – The U.S. dollar will remain dominant for now so long as the Federal Reserve stays a hawkish course on interest rate hikes …
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Financial News
Barkin: Fed has time to reach a more neutral rate given ongoing pandemic effects
by Reutersby Reuters(Reuters) – The Federal Reserve “has some time” to raise rates towards a more neutral level, Richmond Fed President Thomas Barkin said Wednesday, a counter to calls for a faster …
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Financial News
Fed Chair Powell worked the weekend after Russia’s invasion began
by Reutersby ReutersBy Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell worked through the weekend after Russia’s Feb. 24 invasion of Ukraine, meeting with staff on both Saturday and Sunday for …
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Prices Are Still Rising Despite The Fed Saying Everything’s Under Control Harry Wilmerding on March 31, 2022 The price of goods throughout the economy rose at its fastest level in …
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By Ann Saphir and Howard Schneider (Reuters) – In mid-March, U.S. central bankers raised interest rates for the first time since 2018 and published projections signaling a far more aggressive …
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Financial News
Column-Funds flock back to curve flatteners after Fed lift-off: McGeever
by Reutersby ReutersBy Jamie McGeever ORLANDO, Fla. – Hedge funds bet correctly on the U.S. yield curve flattening after the Fed kicked off its interest rate-raising cycle earlier this month, the first …