News
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Fed's Logan calls for holding rates steady 'for a time'
Logan cool to December rate cut unless conditions changeFed officials divided on December rate cut decisionLogan concerned inflation won't hit 2% targetBy Ann SaphirNov 21 (Reuters) - Dallas Federal Reserve President Lorie Logan on Friday called for leaving the policy rate on hold "for a tim...Reuters
Fri, Nov 21
Fed's Collins leans against December rate cut in CNBC interview
By Michael S. DerbyBOSTON, Nov 21 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said on Friday that monetary policy is in the right place amid a resilient economy, in comments that suggest she remains skeptical of the need to cut interest rates again at next month’s monetary pol...Reuters
Fri, Nov 21
Canada September retail sales down 0.7%; seen unchanged in October
OTTAWA, Nov 21 (Reuters) - Canadian retail sales fell in September, reversing a positive trend last month, as consumers spent less in buying cars, automotive parts and building materials among others, data showed on Friday. Retail sales fell by 0.7% to C$69.81 billion ($49.47 billion) on a monthly b...Reuters
Fri, Nov 21
Fed's Williams says Fed can still cut rates in the "near term," boosting odds of a December move
By Howard SchneiderWASHINGTON, Nov 21 (Reuters) - The U.S. Federal Reserve can still cut interest rates "in the near term" without putting its inflation goal at risk, New York Fed president John Williams said on Friday in comments that prompted traders to rapidly shift bets back in favor of ...Reuters
Fri, Nov 21
Fed's Logan calls for holding rates steady 'for a time'
Nov 21 (Reuters) - Dallas Federal Reserve President Lorie Logan on Friday called for leaving the policy rate on hold "for a time" while the central bank assesses the degree of monetary policy restrictiveness. In remarks prepared for delivery in Zurich, she repeated her view that the Fed'...Reuters
Fri, Nov 21
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% higher at C$1.4088 to the greenback, or 70.98 U.S. cents, after trading in a range of 1.4082 to 1.4113.Canadian government 10-year bond yields CA10YT...Reuters
Fri, Nov 21
Fed's Collins warns fragmented global economy could push up inflation
By Michael S. DerbyBOSTON, Nov 21 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Friday that a retreat from an integrated global economy could complicate the central bank’s work and push up price pressures.A shift toward “economic fragmentation” could “usher in a transitiona...Reuters
Fri, Nov 21
Fed's Jefferson: AI-related stock gains unlikely to be dot-com boom replay
Nov 21 (Reuters) - Federal Reserve Vice Chair Philip Jefferson on Friday said he feels the current surge in stocks related to artificial intelligence is unlikely to be a replay of the late 1990s dot-com stock boom that ended in a bust, in large part because AI-related firms are well established and ...Reuters
Fri, Nov 21
Fed's Collins leans against December rate cut in CNBC interview
NEW YORK, Nov 21 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Friday that monetary policy is in the right place amid a resilient economy, in comments that suggest she is skeptical of the need to cut interest rates again at next month’s monetary policy meeting.A "mildly...Reuters
Fri, Nov 21
Freeport LNG's Texas export plant to take in more natural gas on Friday, data shows
NEW YORK, Nov 21 (Reuters) - U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Friday in a sign that one of its three liquefaction trains has returned to service after shutting on Thursday, LSEG data and regulatory filings show. ...Reuters
Fri, Nov 21
REFILE-Freeport LNG's Texas export plant to take in more natural gas on Friday, data shows
NEW YORK, Nov 21 (Reuters) - U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to take in more natural gas on Friday in a sign that one of the plant's three liquefaction trains has returned to service after shutting on Thursday, LSEG data and regulato...Reuters
Fri, Nov 21
