News
Important Only
Fed's Musalem says he is open minded on another rate cut, but tread with caution
Oct 10 (Reuters) - St. Louis Federal Reserve Bank President Alberto Musalem on Friday said that with interest rates now between modestly restrictive and neutral, there is possibly room for another interest-rate cut to shore up the labor market, but urged caution given too-high inflation."I am op...Reuters
Fri, Oct 10
US consumer sentiment steady in October, but labor market worries persist
Consumer sentiment index little changed at 55.0 in OctoberPocketbook issues like higher prices pre-occupy consumers' mindsConsumers little fazed by government shutdownBy Lucia Mutikani WASHINGTON, Oct 10 (Reuters) - U.S. consumer sentiment was steady in October, with households appearing to s...Reuters
Fri, Oct 10
TREASURIES-US yields extend fall after Trump remarks on China
WASHINGTON, Oct 10 (Reuters) - Benchmark U.S. yields were sharply lower late Friday morning, extending losses from earlier in the session after President Donald Trump threatened a "massive" increase in tariffs on imports from China. The president's lengthy statement on Truth Soc...Reuters
Fri, Oct 10
BLS to publish September U.S. inflation report on Oct 24
WASHINGTON, Oct 10 (Reuters) - The U.S. Bureau of Labor Statistics will publish its inflation report for September on October 24 at 8:30 a.m. (1230 GMT), the agency said on Friday. BLS was bringing some furloughed workers back in order to get the statistical agency's Consumer Price Index report...Reuters
Fri, Oct 10
TREASURIES-US yields lower as data-starved markets digest consumer reading
University of Michigan survey shows third monthly declineFed's Waller suggests cautious rate cuts possibleMarkets believe Fed will not act too quickly, says PGIM's Tipp WASHINGTON, Oct 10 (Reuters) - Benchmark U.S. yields were lower on Friday morning after a much-anticipated reading on co...Reuters
Fri, Oct 10
US consumer sentiment stable in October, labor market worries remain
WASHINGTON, Oct 10 (Reuters) - U.S. consumer sentiment was steady in October, with households appearing to shrug off a partial shutdown of the government, though worries about the labor market and inflation lingered.The University of Michigan's Surveys of Consumers on Friday said its Consumer Se...Reuters
Fri, Oct 10
Canada posts surprise jump in job gains in September, unemployment rate unchanged
Canada's economy adds a net 60,400 jobs in SeptemberUnemployment rate unchanged at multi-year high of 7.1%Avg hourly wage of permanent employees up 3.6% annuallyBy Promit MukherjeeOTTAWA, Oct 10 (Reuters) - Canada's economy posted a surprise 60,400 net job gains in September, almost entirely...Reuters
Fri, Oct 10
Waller says interview for Fed chair went 'great', not political
Waller among five candidates for Fed chair roleInterview focused on economics, not politics, Waller saysTrump's interference with Fed raises independence concerns Oct 10 (Reuters) - Federal Reserve Governor Christopher Waller on Friday said his interview with Treasury Secretary Scott Bessent ...Reuters
Fri, Oct 10
INSTANT VIEW-Canada's economy adds 60,400 jobs in September
TORONTO, Oct 10 (Reuters) - Canada's economy added 60,400 jobs in September and the jobless rate held at 7.1%, Statistics Canada data showed on Friday.Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quotidien/250905/dq250905a-eng.htm?HPA=1&indid=3587-2&indgeo=0 COMME...Reuters
Fri, Oct 10
Fed can address job market weakness with normal-sized rate cuts, Waller tells CNBC
Waller says private data consistent in showing weak job marketHe says deep rate cuts a risk given potential for GDP to reboundFed expected to cut rates by 25 basis points later this monthBy Howard Schneider WASHINGTON, Oct 10 (Reuters) - Federal Reserve Governor Christopher Waller said on Friday ...Reuters
Fri, Oct 10
INSTANT VIEW-Canada's economy adds 60,400 jobs in September
TORONTO, Oct 10 (Reuters) - Canada's economy added 60,400 jobs in September and the jobless rate held at 7.1%, Statistics Canada data showed on Friday.Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quotidien/250905/dq250905a-eng.htm?HPA=1&indid=3587-2&indgeo=0 COMME...Reuters
Fri, Oct 10
Government Shutdown Delays CPI Report — Labor Bureau Recalls Staff to Rush Data Compilation
TradingKey - Due to the U.S. federal government shutdown, the Bureau of Labor Statistics (BLS) has suspended all operations, and the release of the September Consumer Price Index (CPI) report, originally scheduled for October 15, will be unavoidably delayed.TradingKey
Fri, Oct 10
