Bonds extend losses as Powell says no rush to cut
Treasuries fell across the curve on Tuesday, with money markets still fully pricing in one rate cut by the Fed this year.
Stocks advance, US yields hold gains ahead of inflation test
By Chuck Mikolajczak and Rae Wee NEW YORK/SINGAPORE (Reuters) -Stocks rose and U.S. Treasury yields firmed on Wednesday as ...
Warren warns ‘no cop on the beat’ without CFPB, others say it’s redundant
I’d be really worried about doing business with a giant bank when there is no cop on the beat,” U.S. Sen. Elizabeth Warren said.
Dollar takes a breather ahead of US CPI
The dollar took a step back from its tariff-driven rally, leaving it below recent peaks as traders waited on U.S. inflation ...
Fed chair says mortgages might not be available for long in some parts of the U.S.
KTLA's David Lazarus reports on the stunning acknowledgment from Federal Reserve chairman Jerome Powell. Feb. 11, 2025.
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Unusual economic indicators: lipstick, men’s underwear, champagne and work refrigerators
While there are extremely accurate economic indexes that have successfully predicted recessions, there are also some pretty ...
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Trump administration's tariffs spark trade war concerns
President Donald Trump's new tariffs on steel and aluminum have sparked concerns about a trade war, with experts warning of ...
Asia-Pacific markets set for subdued open after Fed's Powell signals no urgency to lower rates
India is slated to report its inflation data for January. SoftBank Group will be posting its fiscal third quarter earnings results later in the day.
Mortgages won’t be available in some areas, Fed chair warns
Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday, mostly about interest rates, which he normally discusses. However, during the question and answer ...
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Powell: CFPB shutdown creates consumer oversight gaps
In his semiannual testimony before the Senate Banking Committee Tuesday, Federal Reserve Chair Jerome Powell said the effective shuttering of the Consumer Financial Protection Bureau leaves no federal ...
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U.S. CPI Preview: Will Stock Markets Finally Find Fuel in Inflation Data?
All eyes now turn to U.S. CPI inflation data, where modest progress is expected and s signs of rate cut delay now may keep longer-term rates marching downward ...
Powell Says Fed Isn’t Rushing to Change Rates
In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...