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Fed's Hammack sees two-sided risks to rates
March 6 (Reuters) - Cleveland Federal Reserve President Beth Hammack on Friday said she believes the Fed's policy rate is right around neutral, and the Fed should keep it "at least" there to keep pushing down on inflation that has made little progress towards the Fed's target of 2% o...Reuters
Fri, Mar 6
TREASURIES-US yields fall in choppy trade as weak jobs report weighed against inflation risk
Weak jobs report shows nonfarm payrolls decreased by 92,000Fed rate cut expectations for June meeting grow10-year and 2-year yields on pace for biggest weekly rise since AprilBy Chuck Mikolajczak NEW YORK, March 6 (Reuters) - U.S. Treasury yields were lower in volatile trading on Friday, after a ...Reuters
Fri, Mar 6
CNY: Flows diverge as safe haven doubts grow – BNY
BNY’s Head of Markets Macro Strategy Bob Savage notes a sharp divergence between CNY forwards and spot, suggesting hedge unwinding alongside asset outflows. CNY has outperformed peers, yet the bank questions its safe haven role as spot flows show large outflows tied to expatriation.
Fxstreet
Fri, Mar 6
US legal jobs grow as economy sheds jobs
By David Thomas March 6 (Reuters) - Employment in the U.S. legal sector continued to grow in February, new data released Friday by the Labor Department showed, reaching another historical high even as the broader economy shed jobs and the unemployment rate increased.The total number of jobs in t...Reuters
Fri, Mar 6
WRAPUP 1-Fed faced with hard choice on weak jobs, high inflation
February job loss, surge in oil prices raise stagflation concernsFed expected to hold rates steady at March meetingInvestors bet on June rate cut amid economic uncertaintiesBy Howard Schneider and Ann Saphir March 6 (Reuters) - Fresh signs of labor weakness and oil-driven inflation concerns are ...Reuters
Fri, Mar 6
Fed’s Hammack: Inflation problem is broader than just tariffs
Beth Hammack, President of the Federal Reserve (Fed) Bank of Cleveland, said that inflation is too high, adding that inflationary pressures are broad-based at the the United States (US) Monetary Policy Forum in New York City on Friday.Fxstreet
Fri, Mar 6
What to Watch in the Week Ahead and on Monday, March 9
ON MONDAYHewlett Packard Enterprise is expected to report a rise in first-quarter revenue, driven by growing demand for its artificial intelligence-powered servers. Investors will be looking for commentary on competition from rivals Dell and Super Micro Computer and how HPE is navigating the memory ...Reuters
Fri, Mar 6
USD/MYR: Consolidation near highs with upside risks – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong report that USD/MYR is consolidating near recent highs after an early-week run-up, supported by broader USD strength and soggy risk sentiment. Geopolitical headlines around Iran and energy markets are seen as key drivers.Fxstreet
Fri, Mar 6
Fed’s Collins: Fed policy is well positioned
Susan Collins, President of the Federal Reserve (Fed) Bank of Boston, said that to cut interest rates again, the Fed needs to see clear evidence of inflation ebbing, adding that she sees no need to change the monetary policy stance urgently at a gathering in Springfield, Massachusetts on Friday.Fxstreet
Fri, Mar 6
ECB’s Schnabel: Iran war creates upside inflation risks
Isabel Schnabel, European Central Bank (ECB) member, said that the ECB’s is still in a good place even though the Iran war created some upside inflation risks at the 2026 United States (US) Monetary Policy Forum in New York on Friday.
Fxstreet
Fri, Mar 6
Fed's Collins sees rate policy holding steady for some time
Collins sees no urgency for additional policy adjustmentsInflation easing to target key to future rate changesGeopolitical tensions and energy prices add economic uncertaintyBy Michael S. DerbyMarch 6 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said on Friday she sees no loomi...Reuters
Fri, Mar 6
BREAKINGVIEWS-Dour US employment data raises stakes for the Fed
By Gabriel Rubin WASHINGTON, March 6 (Reuters Breakingviews) - A week usually isn’t a long time in monetary policy, but most weeks aren’t like this one. Amid a widening conflict in the Middle East, the price of oil is rapidly rising, with Brent crude reaching roughly $90 per barrel, the highest i...Reuters
Fri, Mar 6
US-Israel war with Iran sends shockwaves through global business
US-Israeli war with Iran hits trade flows, energy pricesConflict comes as world already reeling from US tariffsSectors from consumer goods to speciality materials hitWar could dent global GDP, cause billion-dollar hits to firmsBy Ben Blanchard, Elisa Anzolin and Christoph Steitz TAIWAN/MILAN/FRAN...Reuters
Fri, Mar 6
WRAPUP 4-Unexpected job losses, rise in unemployment rate fan US labor market doubts
Nonfarm payrolls decrease 92,000 in FebruaryDecline in employment nearly across the boardUnemployment rate rises to 4.4% from 4.3% in JanuaryBy Lucia Mutikani WASHINGTON, March 6 (Reuters) - The U.S. economy unexpectedly lost jobs in February and the unemployment rate increased to 4.4%, potential...Reuters
Fri, Mar 6
