News
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Fed Monetary Policy Report flags solid economy, elevated markets
Fed policy report flags solid economy, uncertain policy outlookFed notes stabilized and strong job marketReport flags elevated financial valuation levels Adds comments on productivity, Fed policy rulesBy Michael S. Derby Feb 7 (Reuters) - The Federal Reserve's latest Monetary Policy Report to...Reuters
Feb 7, 2025
US consumer sentiment drops as inflation expectations surge
Adds details from report, Trump's plans for new tariffs and charts in paragraphs 5-11Consumer sentiment drops to seven-month low, inflation expectations riseSentiment drop spans age, wealth, and political groups, Trump plans new tariffs, impacting inflation and sentiment Feb 7 (Reuters) - U.S...Reuters
Feb 7, 2025
Fed's Kugler: prudent to hold policy rate steady for some time
Feb 7 (Reuters) - Federal Reserve Governor Adriana Kugler on Friday said that with inflation going sideways and even firming somewhat, and given the healthy labor market and uncertainties over the impact of the new administration's policies on the economy, it is "prudent" to hold the pol...Reuters
Feb 7, 2025
WRAPUP 4-US job growth slows in January; unemployment rate at 4.0%
Adds details from report, analyst comments throughoutNonfarm payrolls increase by 143,000 in JanuaryUnemployment rate at 4.0%; lowest level since MayAverage hourly earnings jump 0.5%; up 4.1% year-on-yearBy Lucia Mutikani WASHINGTON, Feb 7 (Reuters) - U.S. job growth slowed more than expected in ...Reuters
Feb 7, 2025
US President Donald Trump: I will announce reciprocal tariffs next week on many countries
United States (US) President Donald Trump hit social media hard on Friday, noting through a series of posts that his plans to execute widespread tariffs on most of the US' trading allies is back on the table as a means of addressing the US' federal deficit.Fxstreet
Feb 7, 2025
Fed's Kugler: Recent progress on inflation is slow and uneven
Federal Reserve (Fed) Board of Governors member Adriana Kugler noted on Friday that US growth and economic activity remain healthy overall, but noted that progress toward the Fed's inflation goals has been somewhat lopsided.Fxstreet
Feb 7, 2025
Euro area yields head for second straight weekly fall on tariff concerns
German yields drop on tariff worriesECB could lower rates to boost growthSome analysts expect Fed will not ease policy this yearRecasts after Reuters report on U.S. tariffsBy Stefano Rebaudo Feb 7 (Reuters) - Euro zone government bond yields recorded their second straight weekly fall over concern...Reuters
Feb 7, 2025
Trump says he wants to reduce trade deficit with Japan
WASHINGTON, Feb 7 (Reuters) - U.S. President Donald Trump said on Friday that he wants to work on reducing the trade deficit with Japan, as he met with Japanese Prime Minister Shigeru Ishiba at the White House.Ishiba said during the meeting that Toyota 7203.T and Isuzu 7202.T were planning additiona...Reuters
Feb 7, 2025
Fed's Kugler says labor market healthy, inflation elevated
Feb 7 (Reuters) - In remarks that suggest she is in no hurry to cut interest rates, Federal Reserve Governor Adriana Kugler on Friday said she expects continued solid economic growth this quarter, and noted slow progress on inflation and a lack of clarity on how the Trump administration's polici...Reuters
Feb 7, 2025
US government added 9,000 jobs in January, gain not expected to continue
Feb 7 (Reuters) - The U.S. government added 9,000 workers in January, a gain economists do not expect to see repeated in the months ahead as President Donald Trump looks to cull the ranks of the federal workforce.Trump came back to the presidency last month pledging to reduce the size of the federal...Reuters
Feb 7, 2025
Trump inherits a labor market at full employment. Can he keep it there?
Adds job numbers, other data in paragraphs 1-3, 5, 9, 11January payrolls report closes the door on Biden's labor marketJob market rebounded from massive losses to full employment under former presidentTrump faces challenge of improving a strong labor marketBy Howard Schneider WASHINGTON, Feb ...Reuters
Feb 7, 2025
TREASURIES-US Treasury yields rise after jobs data
Updated in late New York morning timeBy Karen Brettell NEW YORK, Feb 7 (Reuters) - U.S. Treasury yields rose on Friday as strong jobs data revisions and a decline in the unemployment rate were seen as reflecting a solid labor market, despite headline jobs gains missing economists' expectation...Reuters
Feb 7, 2025
UoM Consumer Sentiment Index drops as inflation fears climb
According to the University of Michigan's (UoM) Consumer Sentiment Index, American consumers are beginning to grow increasingly concerned about US President Donald Trump's approach to economic policy and international trade.Fxstreet
Feb 7, 2025
Fed's Goolsbee: Will take longer than 2025 to get to neutral policy rate
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee hit markets on an already-volatile Friday with more bad news, noting that inconsistent policy approaches from the US government cause a high level of economic uncertainty that make it difficult for the Fed to draw a bead on where the economy, and inflation specifically, are likely heading.Fxstreet
Feb 7, 2025
Euro area yields rise, but head for second straight weekly fall
Markets still expect US tariffs on EUECB could lower rates to boost growthSome analysts expect Fed will not ease policy this yearBy Stefano Rebaudo Feb 7 (Reuters) - Euro zone government bond yields rose on Friday after the release of U.S. economic data, but headed for the second straight weekly ...Reuters
Feb 7, 2025
Fed Monetary Policy Report flags solid state of US economy
By Michael S. DerbyFeb 7 (Reuters) - The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary policy stance that will be driven by incoming economic data. The report, released on Friday ahead of next week's testimony before C...Reuters
Feb 7, 2025
Fed's Goolsbee repeats rates to be 'fair bit' lower in 12-18 months
Feb 7 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee said Friday that he feels the U.S. central bank's policy rate will be a "fair bit" lower in 12-18 months, though how fast the Fed does cut rates will depend on how quickly inflation falls from here and on what is cu...Reuters
Feb 7, 2025
US consumer sentiment drops as inflation expectations surge
Feb 7 (Reuters) - U.S. consumer sentiment dropped unexpectedly in February to a seven-month low and inflation expectations rocketed as households feared it may be too late to avoid the negative effects on their purchasing power from President Donald Trump's threatened tariffs.The University of M...Reuters
Feb 7, 2025
