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UK to purchase fighter jets capable of carrying tactical nuclear weapons
UK to buy F-35A fighter jets from Lockheed MartinThe move will provide second pillar of UK nuclear deterrent PM Starmer cites threat from growing global instability By Andrew MacAskill THE HAGUE, June 24 (Reuters) - The British government said on Tuesday that it would purchase a dozen F-35A fi...Reuters
Tue, Jun 24
TREASURIES-US yields fall with weaker consumer confidence and oil market selloff
Investors optimistic about potential rate cuts later this year after Powell's commentsAlthough fragile, Israel-Iran ceasefire pushes oil prices lowerDemand at $69 billion two-year notes auction tepid, with high primary dealers stake By Tatiana Bautzer, Davide Barbuscia NEW YORK, June 24 (Reut...Reuters
Tue, Jun 24
US bond market braces for surge in Treasury supply in second half
Debt ceiling resolution to lead to more US borrowings in 2025Issuance to focus on shorter-dated debt, impacting repo ratesMoney market funds may absorb some Treasury supplyBy Gertrude Chavez-Dreyfuss BOSTON, June 24 (Reuters) - The bond market is bracing for up to $1 trillion of additional U.S. T...Reuters
Tue, Jun 24
US first-quarter foreign direct investment falls sharply amid tariff uncertainty
Second-lowest quarterly FDI inflow since COVID-19 pandemic easedInvestment drop could reverse as announced projects get underwayQuarterly FDI data is inherently volatile, economist saysBy David Lawder WASHINGTON, June 24 (Reuters) - Foreign direct investment into the U.S. fell sharply in the firs...Reuters
Tue, Jun 24
Fed's Barr: inflation to rise, may see some persistence
June 24 (Reuters) - Higher import levies will put upward pressure on prices that may not prove temporary, Federal Reserve Governor Michael Barr said on Tuesday in remarks that suggest he is in no rush to cut interest rates despite what he called "gradual, albeit uneven" progress toward 2% i...Reuters
Tue, Jun 24
Fed in wait and see mode amid tariff uncertainty, Kashkari says
Fed is taking its time to get more clarity on tariff impactKashkari notes strong US economy fundamentals, tariff nervousnessPlausible that Fed could cut rates if labor market tanks, but not a forecast: KashkariJune 24 (Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday sa...Reuters
Tue, Jun 24
US equipment borrowings dip in May, ELFA says
June 24 (Reuters) - U.S. companies borrowed 3.7% less to finance equipment investments in May compared with the same period a year ago, the Equipment Leasing and Finance Association said on Tuesday."The slow bite of tariffs may still emerge this summer, and conflict abroad could impact energy pr...Reuters
Tue, Jun 24
Fed's Williams sees slower growth, higher inflation this year on tariffs, uncertainty
Fed's Williams says tariffs and uncertainty weighing on economyWilliams suggests no urgency to cut interest ratesWilliams says power to bank banks interest critical to monetary policyBy Michael S. DerbyALBANY, June 24 (Reuters) - Federal Reserve Bank of New York President John Williams expects s...Reuters
Tue, Jun 24
Fed's Williams says tariff impact likely to grow over coming months
By Michael S. DerbyALBANY, June 24 (Reuters) - Federal Reserve Bank of New York President John Williams said Tuesday that tariff impacts on the economy are far from done and he wants to see more data to gauge their impact on things like inflation.It is clear tariffs are showing up in the economy and...Reuters
Tue, Jun 24
US Treasury secretary says date for debt ceiling could change
TORONTO, June 24 (Reuters) - U.S. Treasury Secretary Scott Bessent on Tuesday said the date for the nation to reach its debt ceiling could change if courts interfere with U.S. President Donald Trump's tariff policies."We will never default on national debt," he told reporters at the U.S....Reuters
Tue, Jun 24
Fed in wait and see mode amid tariff uncertainty, Kashkari says
June 24 (Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said that while recent inflation readings suggest disinflation is underway, the central bank is taking its time to get more clarity on whether tariffs will change that, and by how much."The Federal Reserve ha...Reuters
Tue, Jun 24
Fed's Collins says modestly restrictive monetary policy is necessary right now
NEW YORK, June 24 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Tuesday monetary policy is in the right place.In remarks focused on the housing industry, the bank president noted that the “modestly restrictive” stance of monetary policy is “necessary” even as it has weighed...Reuters
Tue, Jun 24
WRAPUP 1-US consumer confidence weakens on job market worries
Consumer confidence index falls 5.4 points to 93.0 in JuneLabor market differential narrows; inflation expectations easeAnnual house price growth slows in April as supply risesBy Lucia Mutikani WASHINGTON, June 24 (Reuters) - U.S. consumer confidence unexpectedly deteriorated in June as household...Reuters
Tue, Jun 24
Mexico carries out $6.8 billion operation to reduce dollar debt
MEXICO CITY, June 24 (Reuters) - Mexico's government on Tuesday said it carried out a $6.8 billion debt operation in international markets, reducing its dollar-denominated external debt due between 2027 and 2031 by 15% and strengthening its debt portfolio.The operation included the issuance of t...Reuters
Tue, Jun 24
Fed's Williams: Tariffs may be adding a quarter of a percentage point to inflation right now
Federal Reserve (Fed) Bank of New York President John Williams predicted slightly higher inflation and unemployment through the rest of the year on Tuesday, as well as slower-than-expected growth metrics.Fxstreet
Tue, Jun 24
