News
Important Only
Trump rescinds punitive tariff on India over purchases of Russian oil
Feb 6 (Reuters) - President Donald Trump signed an executive order on Friday rescinding a punitive 25% duty on all imports from India over its purchases of Russian oil, the White House said. Trump on Monday announced a trade deal with India that slashed U.S. tariffs on Indian goods to 18%...Reuters
Fri, Feb 6
Fed's Daly says job market feels 'precarious,' eyes rate cuts
Daly sees disconnect between cautious optimism among businesses, job worries for workersFed policymakers are weighing the balance of inflation and employment risksUpcoming jobs report a key focus as central bankers weigh optionsBy Ann Saphir Feb 6 (Reuters) - San Francisco Federal Reserve Bank Pr...Reuters
Fri, Feb 6
Senator Warren presses Trump over DOJ probe of Fed Chair Powell
Warren questions Trump's role in DOJ probe of PowellTrump joked about suing Fed nominee Warsh over rate cutsDOJ probe is complicating Warsh's path to Fed chairBy Ann Saphir and Andrea Shalal Feb 6 (Reuters) - U.S. Senator Elizabeth Warren on Friday challenged President Donald Trump's ...Reuters
Fri, Feb 6
EXCLUSIVE-Fed's Daly sees labor market vulnerabilities, room to cut interest rates
Daly thinks rate cuts are likelier than not in 2026She sees possibly one or two reductions in borrowing costs this yearLabor market vulnerabilities shape her viewDaly sees new graduates' job difficulties as 'leading indicator'By Ann Saphir Feb 6 (Reuters) - San Francisco Federal Reser...Reuters
Fri, Feb 6
TREASURIES-US Treasury yields rebound before next week's key jobs data
Weak labor data raises concerns about job market healthFed funds futures indicate increased rate cut expectationsKevin Warsh's potential policies as Fed chair under scrutinyBy Karen Brettell NEW YORK, Feb 6 (Reuters) - Interest-rate-sensitive two-year U.S. Treasury yields rebounded from a mor...Reuters
Fri, Feb 6
