News
Important Only
US Labor Department urged to prioritize November employment, CPI data post-shutdown
WASHINGTON, Nov 12 (Reuters) - The U.S. Labor Department's statistical agency should prioritize the production of November employment and inflation reports when the government reopens to ensure Federal Reserve officials have up-to-date information at their December policy meeting, economists said.Reuters
Thu, Nov 13
Fed split deepens as Collins says she would hesitate to support another cut
Collins sees high bar for further easing due to inflation concernsFed divisions highlighted by differing views on rate cutsCollins views short-term borrowing costs as mildly restrictiveBy Ann Saphir Nov 12 (Reuters) - Boston Federal Reserve President Susan Collins, who voted for both of the Fed&#...Reuters
Thu, Nov 13
New York Fed's Perli encourages use of Standing Repo Facility to deal with liquidity needs
Perli says eligible financial firms should feel free to use key Fed liquidity facility as neededPerli: Active use of Standing Repo Facility is a good thing that helps stabilize money marketsPerli notes Fed will soon need to expand balance sheet againBy Michael S. Derby NEW YORK, Nov 12 (Reuters) ...Reuters
Wed, Nov 12
Trump eyes more domestic travel to tout economic agenda, affordability
Bessent says no decisions yet on $2,000 rebate checkTrump told Fox News that US would lower tariffs on coffeeBessent says other tax measures will boost incomesBy Andrea Shalal and Trevor Hunnicutt WASHINGTON, Nov 12 (Reuters) - U.S. President Donald Trump plans more domestic travel to sell hi...Reuters
Wed, Nov 12
US retail holiday job postings slump, Indeed says
October retail hiring below pre-pandemic levels, indicating low demand expectationsNational Retail Federation expects fewer seasonal hires compared to 2024Major retailers like Walmart and Target silent on seasonal hiring plansBy Arriana McLymore NEW YORK, Nov 12 (Reuters) - Retail-related job pos...Reuters
Wed, Nov 12
NY Fed's Perli encourages use of Standing Repo Facility to deal with liquidity needs
NY Fed Perli says banks should feel free to use key Fed liqudity facility as neededActive use of Standing Repo Facility is a good thing that helps stabilize money marketsPerli notes Fed will soon need to expand balance sheet againBy Michael S. Derby NEW YORK, Nov 12 (Reuters) - The official respo...Reuters
Wed, Nov 12
US Labor Department urged to prioritize November employment, CPI data post-shutdown
September employment report could be released as early as next weekShutdown could cause gaps in October's economic reportsEconomists unsure how the government will address the data gapsBy Lucia Mutikani WASHINGTON, Nov 12 (Reuters) - The U.S. Labor Department's statistical agency should p...Reuters
Wed, Nov 12
Fed's Miran repeats call for less restrictive monetary policy
Nov 12 (Reuters) - Federal Reserve Governor Stephen Miran on Wednesday repeated his view that data showing inflation running above 2% is backward-looking and should not be taken at face value, and again described U.S. monetary policy as too tight mainly because he believes cooling housing inflation ...Reuters
Wed, Nov 12
REFILE-Bank of Canada governors agreed to look through choppy inflation, minutes show
By Promit Mukherjee and David LjunggrenOTTAWA, Nov 12 (Reuters) - Ahead of the Bank of Canada's rates decision on October 29, Governing Council decided to look through "choppy" annual inflation data and consider underlying indicators, minutes of the bank's meeting released on Wednesd...Reuters
Wed, Nov 12
White House says some economic data impaired by government shutdown
WASHINGTON, Nov 12 (Reuters) - The White House said on Wednesday that October jobs and inflation data reports might never be released as a consequence of the government shutdown.Spokeswoman Karoline Leavitt told reporters at a briefing the shutdown impaired federal statistics collection, leaving Fed...Reuters
Wed, Nov 12
