News
Important Only
UK short-term inflation expectations remain unchanged at 4.0%, Citi and YouGov say
Aug 22 (Reuters) - Britain's short-term inflation expectations remain unchanged at 4.0% in August, according to a survey published on Friday by bank Citi and opinion poll firm YouGov.The country's longer-term inflation expectations fell to 3.9% from 4.2%, to their level in February, the surv...Reuters
23 hours ago
Mexico's sluggish economy, easing inflation put rate cuts in spotlight
Mexico's economy expanded 0.6% in Q2, below forecastsSlower-than-expected inflation hit 3.49% through mid-AugustCentral bank mulls more rate cuts amid volatile global climateLatam stocks, currencies rally after Fed chair hints at cutBy Aida Pelaez-Fernandez MEXICO CITY, Aug 22 (Reuters) - Mex...Reuters
Fri, Aug 22
BREAKINGVIEWS-Powell’s Fed finale: a self-unraveling consensus
By Gabriel Rubin WASHINGTON, Aug 22 (Reuters Breakingviews) - President Donald Trump might get a rate cut. In his final speech at the annual Jackson Hole confab, Federal Reserve Chair Jerome Powell signaled an openness to easing policy in September. It’s a brief moment of accord between the centr...Reuters
Fri, Aug 22
Trump says he'll fire Fed's Cook if she doesn't resign over mortgage questions
Allegations involve Cook's mortgage declarationsCook has refused to resign amid Trump's pressureDemocrats criticize Trump's actions as undermining Fed independenceBy Andrea Shalal WASHINGTON, Aug 22 (Reuters) - U.S. President Donald Trump on Friday said he would fire Federal Reserve G...Reuters
Fri, Aug 22
Fed's Powell says monetary policy framework back on more traditional footing
Powell emphasizes continuity with past Fed statementsNew framework removes low-rates language, returns to flexible inflation targetingFed's revised statement aims to anchor long-term inflation expectationsBy Michael S. Derby Aug 22 (Reuters) - Federal Reserve Chair Jerome Powell on Friday ann...Reuters
Fri, Aug 22
TREASURIES -US yields dive after Fed's Powell's dovish turn in Jackson Hole
Fed's Powell says balance of risk warrants adjusting policyUS two-year, 10-year yields fall to one-week lowUS 2/10 yield curve hits steepest level since JulyTrump says will fire Fed's Cook if she doesn't resignBy Gertrude Chavez-Dreyfuss NEW YORK, Aug 22 (Reuters) - U.S. Treasury yiel...Reuters
Fri, Aug 22
QUOTES-Fed's Powell opens door to September easing
NEW YORK, Aug 22 (Reuters) - U.S. Federal Reserve Chair Jerome Powell on Friday pointed to a possible rate cut at the central bank's September meeting but stopped short of committing to it in remarks that walked a narrow line acknowledging growing risks to the job market while also saying risks ...Reuters
Fri, Aug 22
Fed's Cook has no comment beyond prior statement on mortgage issuee
JACKSON HOLE, Wyoming, Aug 22 (Reuters) - Federal Reserve Governor Lisa Cook on Friday said she had no further comment on the controversy regarding mortgages she has taken on out properties in Georgia and Michigan beyond her prior statements on the matter.Earlier on Friday President Donald Trump sai...Reuters
Fri, Aug 22
French winemakers fear Trump tariffs will hit sales in crucial US market
By Manuel Ausloos EPERNAY, France, Aug 22 (Reuters) - French wine and spirits producers are bracing for a 15% tariff on their exports to the United States, a crucial market, even as the European Commission pledges to keep pressing for a preferential rate for the sector. Details of an EU-U.S. trad...Reuters
Fri, Aug 22
Canada to remove many retaliatory tariffs on US goods, says source
OTTAWA, Aug 22 (Reuters) - Canada will announce on Friday that it is removing many retaliatory tariffs on U.S. goods, a source familiar with the matter said.Canadian tariffs on U.S. autos, steel and aluminum will remain for now, said the source, who requested anonymity given the sensitivity of the s...Reuters
Fri, Aug 22
Amazon lobbies Indian government to exempt exports from foreign investment rules, sources say
India key market for Amazon, Walmart's FlipkartAmazon seeks to exempt exports from foreign investment rulesIndian small traders oppose move in private meeting, sources sayBy Aditya Kalra and Aftab Ahmed NEW DELHI, Aug 22 (Reuters) - Amazon AMZN.O is lobbying the Indian government to ease its ...Reuters
Fri, Aug 22
Trump says he'll fire Fed's Cook if she doesn't resign
WASHINGTON, Aug 22 (Reuters) - U.S. President Donald Trump on Friday said he would fire Federal Reserve Governor Lisa Cook if she doesn't resign."I'll fire her if she doesn't resign," Trump told reporters during a visit to a Washington museum focused on the White House.Cook, the ...Reuters
Fri, Aug 22
INSTANT VIEW-Fed's Powell opens door to September easing
NEW YORK, Aug 22 (Reuters) - U.S. Federal Reserve Chair Jerome Powell on Friday pointed to a possible rate cut at the central bank's September meeting but stopped short of committing to it in remarks that walked a narrow line acknowledging growing risks to the job market while also saying risks ...Reuters
Fri, Aug 22
Treasury's No. 2 official Faulkender is leaving administration, source says
WASHINGTON, Aug 22 (Reuters) - U.S. Deputy Treasury Secretary Michael Faulkender is leaving the Trump administration less than five months after being confirmed by the Senate, a source familiar with the matter said on Friday.The Treasury had no immediate comment on the news, which was first reported...Reuters
Fri, Aug 22
TEXT-Fed Chair Powell's remarks to Jackson Hole conference
Aug 22 (Reuters) - For the full text of U.S. Federal Reserve Chair Jerome Powell's remarks to the Federal Reserve Bank of Kansas City's annual economic symposium in Jackson Hole, Wyoming, please click: https://www.federalreserve.gov/newsevents/speech/powell20250822a.htmReuters
Fri, Aug 22
Fed's Powell announces policy framework tweaks for changed economic landscape
Powell emphasizes continuity with past Fed statementsNew framework removes low-rates language, returns to flexible inflation targetingFed's revised statement aims to anchor long-term inflation expectationsBy Michael S. Derby Aug 22 (Reuters) - Nodding toward significant changes in the economi...Reuters
Fri, Aug 22
'Not a done deal' what Fed does in September, Collins says
Aug 22 (Reuters) - It is not a "done deal" what Federal Reserve policymakers do at their coming meeting in September with risks to maximum employment and price stability in "rough balance," Federal Reserve Bank of Boston President Susan Collins said on Friday."I would say it'...Reuters
Fri, Aug 22
