News
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Fed MBS purchases likely added to housing affordability problems, Miran says
WASHINGTON, Dec 15 (Reuters) - Past Federal Reserve purchases of mortgage-backed securities likely worsened the housing affordability problems faced by current families by injecting so much credit into the housing market, Fed Governor Stephen Miran said on Monday."The Fed owns a lot of mortgages...Reuters
Mon, Dec 15
Fed's Williams: It is critical for the US central bank to get inflation back to 2%
Federal Reserve (Fed) Bank of New York President John Williams said that he projects the jobless rate will come back down over the next few years at an event hosted by the New Jersey Bankers Association. Audience questions expected on Monday.Fxstreet
Mon, Dec 15
Euro zone yields dip before central bank decisions, US data
Citi expects the ECB to downplay undershooting inflation projectionsInvestors on hold before US jobs and inflation data, says UBSGerman Federal Finance Agency auction calendar in focusBy Stefano Rebaudo Dec 15 (Reuters) - Euro zone government bond yields were lower on Monday, ahead of a week pack...Reuters
Mon, Dec 15
Williams says Fed policy in good position, sees inflation moderating in 2026
Williams sees inflation moderating amid job market coolingHe says Fed's recent rate cut moves policy to neutral stanceWilliams sees tariffs having one-time impact on pricesBy Michael S. Derby JERSEY CITY, New Jersey, Dec 15 (Reuters) - New York Federal Reserve President John Williams said on ...Reuters
Mon, Dec 15
Canada's annual inflation in November holds at 2.2%
Inflation in November driven by food prices Core inflation drops below 3% for first time since MarchAnnual drop in gasoline prices continues to cap CPI By Promit MukherjeeOTTAWA, Dec 15 (Reuters) - Canada's annual inflation rate was 2.2% in November, unchanged from the previous month, and driven...Reuters
Mon, Dec 15
US homebuilder sentiment inches up to eight-month high December
Dec 15 (Reuters) - U.S. homebuilder sentiment edged up to an eight-month high in December, but activity remained constrained by rising construction costs because of tariffs on imports. The National Association of Home Builders/Wells Fargo Housing Market index climbed one point to 39 this month, the ...Reuters
Mon, Dec 15
Fed’s Miran: I expect a faster fall in PCE shelter inflation
Federal Reserve (Fed) Governor Stephen Miran stated that tariffs aren't driving higher inflation in goods and argued that the measure of underlying inflation is near 2% on Monday at Columbia University's Institute of Global Politics, in New York.Fxstreet
Mon, Dec 15
TREASURIES-US Treasury yields dip as investors await jobs, inflation data
Investors await jobs, inflation data amid Fed rate cut concernsFed divided over rate cuts due to labor market and inflationSupreme Court may limit Trump's authority over Federal ReserveBy Karen Brettell NEW YORK, Dec 15 (Reuters) - U.S. Treasury yields dipped on Monday as investors waited on ...Reuters
Mon, Dec 15
Fed's Miran: Current inflation not reflective of supply and demand in the economy
Miran argues current inflation doesn't reflect true supply-demand dynamicsShelter inflation seen as outdated, not reflecting current rent trendsMiran says Americans unhappy about affordabilityBy Howard SchneiderWASHINGTON, Dec 15 (Reuters) - Current above-target inflation does not reflect underl...Reuters
Mon, Dec 15
USD/CNH drops below 7.0500, lowest since October 2024 – BBH
USD/CNH fell below 7.0500, marking its lowest level since October 2024, amid weak November real sector data from China. Slower retail sales, subdued industrial production, and a sharper-than-expected drop in fixed asset investment highlight ongoing economic softness.
Fxstreet
Mon, Dec 15
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0% higher at C$1.3767 to the greenback, or 72.64 U.S. cents, after trading in a range of 1.3748 to 1.3777.Canadian government 10-year bond yields CA10YT=R...Reuters
Mon, Dec 15
