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Miran may not be at Fed's rate-setting table next week, lawmakers say
Logistics make timing 'challenging': Republican Senator LummisFed is expected to lower rates after meeting on Tuesday and WednesdayRepublican aide says Monday is earliest possibility for Senate confirmationBy Bo Erickson and Ann Saphir WASHINGTON, Sept 9 (Reuters) - Stephen Miran, Preside...Reuters
Tue, Sep 9
TREASURIES-US yields rise as bond rally pauses, weak jobs news reinforces rate outlook
US Treasury yields rise as bond-buying frenzy slowsFed expected to cut interest rates amid weak labor market dataTraders await CPI report ahead of Fed's policy meetingBy Alden Bentley NEW YORK, Sept 9 (Reuters) - U.S. Treasury yields rose on Tuesday as a long-end bond rally abated, while a do...Reuters
Tue, Sep 9
US consumer finances stay robust even as jobs data cloud economic outlook, bankers say
Bankers report strong consumer spending and credit performanceJob market cooling with fewer jobs created than estimatedSpending concentrated among higher income groups, says economist NEW YORK, Sept 9 (Reuters) - U.S. consumers remain in good financial health and there are little signs of credit...Reuters
Tue, Sep 9
Mexico to send lawmakers bill to 'correct' trade imbalances
MEXICO CITY, Sept 9 (Reuters) - Mexico's Deputy Minister for Revenues Carlos Lerma told a press conference on Tuesday the economy ministry would submit a bill to Congress that aims to "correct" the country's trade imbalance in some sectors, such as automotives and manufacturing.This ...Reuters
Tue, Sep 9
US container imports up in August, tariff turmoil dims year-end outlook
US container imports up 1.6% in AugustImports from China fall 10.8% amid ongoing tariff tensionsImport outlook for the remainder of 2025 dimBy Lisa Baertlein LOS ANGELES, Sept 9 (Reuters) - U.S. imports of containerized goods rose 1.6% year-over-year in August, even as volume from China and other...Reuters
Tue, Sep 9
US poverty rates not significantly changed in 2024, Census Bureau says
WASHINGTON, Sept 9 (Reuters) - The main gauge of U.S. poverty did not change significantly in 2024, and household income also remained about level except for gains among the wealthiest Americans, the U.S. Census Bureau said on Tuesday.Overall, many aspects of the Census Bureau data on poverty, incom...Reuters
Tue, Sep 9
TREASURIES-US yields tick higher, bond rally pauses after payrolls data revision
US Treasury yields rise as bond-buying frenzy slowsFed expected to cut interest rates amid weak labor market dataTraders await CPI report ahead of Fed's policy meetingBy Alden Bentley NEW YORK, Sept 9 (Reuters) - U.S. Treasury yields rose on Tuesday as a long-end bond-buying frenzy abated, bu...Reuters
Tue, Sep 9
Fed seen on track for three rate cuts this year, starting next week
Sept 9 (Reuters) - The Federal Reserve will likely resume cutting short-term rates next week and continue on for the rest of the year to shore up a labor market that may have begun cooling well before President Donald Trump began imposing sharply higher tariffs, traders bet on Tuesday. The Labor Dep...Reuters
Tue, Sep 9
Ukraine makes official request for new IMF programme, PM says
KYIV, Sept 9 (Reuters) - Ukraine has requested a new financing programme from the International Monetary Fund (IMF) as the war with Russia drags on, keeping military spending high, the prime minister said on Tuesday.Ukraine is spending about 60% of its total budget to fund the war effort and relies ...Reuters
Tue, Sep 9
Incoming Kering CEO de Meo: Fixing group requires 'clear and strong' decisions
PARIS, Sept 9 - The incoming chief executive of Gucci owner Kering, Luca de Meo, told a shareholder meeting on Tuesday he would bring the struggling luxury group back on track, which will include taking "clear and strong" decisions that won't be easy.Shareholders approved the appointment...Reuters
Tue, Sep 9
Mexico's inflation accelerates in line with expectations in August
By Aida Pelaez-FernandezMEXICO CITY, Sept 9 (Reuters) - Mexico's annual inflation rate accelerated in August, official data showed on Tuesday, meeting expectations and remaining within the central bank's target range for the second month in a row.Consumer prices in Mexico rose 3.57% in the y...Reuters
Tue, Sep 9
US poverty rates unchanged significantly in 2024, Census Bureau says
WASHINGTON, Sept 9 (Reuters) - The main gauge of the U.S. poverty rate did not change significantly in 2024 at 12.9%, the U.S. Census Bureau said on Tuesday, and the so-called official poverty rate was 10.6%.In 2023, the supplemental poverty measure, adjusted for government support such as food assi...Reuters
Tue, Sep 9
US employment growth through March revised sharply lower
Benchmark revision covers period from April 2024 to March 2025Economists estimated employment gains could be reduced by 400,000 to 1 million jobsRevision comes days after weak nonfarm payrolls report for AugustBy Lucia Mutikani WASHINGTON, Sept 9 (Reuters) - The U.S. economy likely created 911,00...Reuters
Tue, Sep 9
TREASURIES-US yields tick higher, bond rally pauses before payrolls data revision
By Alden Bentley NEW YORK, Sept 9 (Reuters) - U.S. Treasury yields rose on Tuesday as a long-end bond-buying frenzy abated, while markets waited for a benchmark revision to payrolls data as a worsening labor picture already has traders ramping up bets for more accelerated easing this year.The gov...Reuters
Tue, Sep 9
Brazil's auto production up in August but sales decline
SAO PAULO, Sept 9 (Reuters) - Brazil's auto production rose in August from the previous month while sales dropped, data released by automakers association Anfavea showed on Tuesday.According to Anfavea, auto production in Latin America's largest economy increased 3% in the month to 247,032 u...Reuters
Tue, Sep 9
China FX Today: The Yuan in suspense as CPI data tests Beijing's strategy against deflation
The Chinese offshore currency (CNH) is trading in relative stability on Tuesday, with the USD/CNH exchange rate at 7.1134, down less than 0.1% on the session, as markets turn their focus towards China's inflation figures for August, which will be published early on Wednesday (01:30 GMT).
Fxstreet
Tue, Sep 9
