News
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Fed's Cook says policy rate 'ever so mildly' restrictive
Feb 4 (Reuters) - U.S. Federal Reserve Governor Lisa Cook on Wednesday said she feels the policy interest rate now is only mildly restrictive, and signaled she supports taking time before reducing interest rates further. "We put a lot of easing into the pipeline at the end of last year and I thi...Reuters
Thu, Feb 5
TREASURIES-Yields mixed as traders evaluate data, Warsh's Fed impact
Traders await delayed US economic data amid government shutdownADP report shows weaker-than-expected Jan private payroll growth Markets uncertain about Warsh's potential policies and their impactBy Karen Brettell NEW YORK, Feb 4 (Reuters) - U.S. Treasury yields were mixed on Wednesday as trad...Reuters
Wed, Feb 4
Bessent says he has no opinion on Trump authority to fire Fed officials over policy disputes
WASHINGTON, Feb 4 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday he has no opinion on whether the president has a constitutional authority to fire a Federal Reserve chair or board member because of a monetary policy disagreement, but he considers the central bank an independent ...Reuters
Wed, Feb 4
WRAPUP 2-US services sector steady in January, supply constraints from AI data centers feared
Services sector PMI holds steady at 53.8 in JanuaryNew order growth slows as exports slumpTariffs, uncertainty dominate commentary from businessesPrivate payrolls increase 22,000 in January, well below expectations By Lucia Mutikani WASHINGTON, Feb 4 (Reuters) - The U.S. services sector held ste...Reuters
Wed, Feb 4
China: Consumption growth outlook – Standard Chartered
Standard Chartered's report, authored by Carol Liao, Senior Economist and Moriarty Lam, Research Analyst, highlights that China's household consumption is likely underestimated due to unaccounted government transfers and strong RMB purchasing power.Fxstreet
Wed, Feb 4
JGB: Fiscal concerns may be overplayed – TD Securities
In their latest report, TD Securities analysts Prashant Newnaha and Alex Loo argue that fears surrounding Japan's fiscal outlook are exaggerated. They highlight that Japan's Gross Debt to GDP ratio is misleading due to significant government assets.Fxstreet
Wed, Feb 4
Romania to target budget deficit of 6.2% of GDP, PM says
BUCHAREST, Feb 4 (Reuters) - Romania will target a budget deficit of around 6.2% of economic output this year, compared with 2025's 7.7%, Prime Minister Ilie Bolojan said on Wednesday, adding that the new draft budget will be sent to parliament around February 20.Bolojan said inflation was expec...Reuters
Wed, Feb 4
US January employment report will be published next Wednesday, BLS says
WASHINGTON, Feb 4 (Reuters) - The U.S. Bureau of Labor Statistics said on Wednesday January's employment report will be released next Wednesday after being delayed by the recently ended three-day government shutdown.It said the Consumer Price Index report for January will now be published next F...Reuters
Wed, Feb 4
US crude and distillate stocks fell, gasoline rose last week, EIA says
By Shariq Khan, Laila Kearney and Nicole JaoNEW YORK, Feb 4 (Reuters) - U.S. crude stocks and distillate inventories fell while gasoline inventories rose in the week ended January 30 as a winter storm gripped large swathes of the country, the Energy Information Administration said on Wednesday.Crude...Reuters
Wed, Feb 4
Eurozone: Inflation undershoots ahead of ECB meeting – ABN AMRO
The preliminary estimate for January Eurozone HICP inflation eased to 1.7% y/y, down from 1.9% in December, aligning with expectations. Core inflation also fell to 2.2% y/y. The ECB is expected to keep interest rates unchanged amid concerns about inflation undershooting its target.Fxstreet
Wed, Feb 4
Euro zone bond yields dip as inflation eases before ECB
Euro zone inflation drops to lowest since September 2024ECB expected to keep rates unchanged despite inflation dropGerman 10-year yield down 2 bpsBy Samuel Indyk LONDON, Feb 4 (Reuters) - Euro zone government bond yields inched lower on Wednesday after bloc-wide inflation data showed an easing of...Reuters
Wed, Feb 4
