News
Important Only
ECB to hold rates even as risks threaten its 'good place'
Rates could remain steady for years to come, markets betA cut is still more likely to be next move than a hikeEconomy humming along but at modest paceTariffs, Chinese dumping keep growth outlook weakBy Balazs Koranyi and Francesco Canepa FRANKFURT, Oct 30 (Reuters) - The European Central Bank is ...Reuters
Thu, Oct 30
Fed chair candidate Rieder says Powell was more hawkish than expected
Rieder among potential Fed chair candidatesTrump seeks Fed chair favoring lower ratesRieder notes slowing labor market and potential for lower inflationOct 29 (Reuters) - Rick Rieder, an asset manager on the short list of possible candidates to be the next chair of the Federal Reserve, said Wednesda...Reuters
Wed, Oct 29
WRAPUP 6-Fed lowers rates, but Powell suggests move may be the last of 2025
US central bank cuts rates by a quarter of a percentage pointFed Governor Miran, Kansas City Fed President Schmid dissentPolicy decision was made in the absence of key government dataFed's balance sheet drawdown haltedPowell says there are 'strongly differing views' within Fed about a De...Reuters
Wed, Oct 29
Fed winding down balance sheet contraction amid tightening money markets
Fed announces end to balance sheet winddown on December 1Fed aims to keep markets with enough liquidity to maintain interest rate controlFed's Powell acknowledges Fed will soon have to expand holdings given economic growthBy Michael S. Derby Oct 29 (Reuters) - The Federal Reserve on Wedne...Reuters
Wed, Oct 29
Doubleline Capital's Gundlach Says Might Put Chance Of Rate Cut In December At 50-50 - CNBC
Oct 29 (Reuters) - DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS THINK INFLATION IS GOING TO STAY ABOVE 3% YEAR OVER YEAR THROUGHOUT- CNBCDOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS WE'RE LOOKING AT THE POSSIBILITY FOR A STEEPER YIELD CURVE- CNBC INTERVIEWDOUBLELINE CAPITAL'S GUNDLACH: M...Reuters
Wed, Oct 29
Brazil's Treasury says policy on tax-exempt bonds could be adjusted if excessive issuance observed
BRASILIA, Oct 29 (Reuters) - Brazil's government could revise its policy on income tax exemptions for private debt securities if issuance becomes excessive, a senior Treasury official said on Wednesday, amid ongoing pressure on sovereign bond yields. Strong demand for tax-exempt private bonds ha...Reuters
Wed, Oct 29
Furniture retailer Ethan Allen Q1 sales, adjusted EPS miss estimates
OverviewEthan Allen fiscal Q1 net sales decline, missing analyst expectationsAdjusted EPS for fiscal Q1 misses analyst estimatesCompany reports strong gross margin of 61.4% for fiscal Q1OutlookCompany remains confident in investments despite lower consumer confidence and increased tariffsEthan Allen...Reuters
Wed, Oct 29
US pending home sales flat in September; job market worries likely dissuading buyers
Pending home sales unchanged in SeptemberSoftening labor market, economic uncertainty sidelining prospective home buyersGovernment shutdown delaying some applications for loans, flood insurance coverageBy Lucia Mutikani WASHINGTON, Oct 29 (Reuters) - Contracts to purchase previously owned U.S. ho...Reuters
Wed, Oct 29
Most Gulf central banks cut key rates by 25 basis points after Fed move
By Yomna Ehab and Muhammad Al Gebaly CAIRO, Oct 29 (Reuters) - Most Gulf central banks cut key interest rates on Wednesday after the U.S. Federal Reserve moved to reduce rates by a quarter of a percentage point, its second rate cut decision this year. The Fed's decision to cut rates by 25 bas...Reuters
Wed, Oct 29
Powell says not seeing job market weakness accelerating
Oct 29 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said officials do not see the weakness they are observing in the job market accelerating.Powell, speaking at a press conference following the Fed's decision to cut interest rates, said data such as new claims for jobless benefit...Reuters
Wed, Oct 29
INSTANT VIEW-Fed delivers expected rate cut; Powell says December rate cut not assured
NEW YORK, Oct 29 (Reuters) - A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and announced it will restart limited purchases of Treasury securities after money markets showed signs that liquidity was becoming scarce, a condition the U.S. central bank...Reuters
Wed, Oct 29
Fed's Powell notes rising number of officials want to hold off on rate cut
By Michael S. DerbyOct 29 (Reuters) - Federal Reserve Chairman Jerome Powell said on Wednesday that a mounting number of U.S. central bank officials are ready to hold off on an imminent interest rate cut.Having cut rates at the last two policy meeting, “there's a sense” some officials would like...Reuters
Wed, Oct 29
Fed's Powell says officials are watching layoff news
By Michael S. DerbyOct 29 (Reuters) - Federal Reserve Chairman Jerome Powell said on Wednesday the U.S. central bank is tracking what could be deteriorating job market conditions as lower-income households are showing more signs of stress.When it comes to rising announcements of layoffs, “We're ...Reuters
Wed, Oct 29
Powell says eventually Fed will expand balance sheet again
By Michael S. DerbyNEW YORK, Oct 29 (Reuters) - Federal Reserve Chair Jerome Powell said the U.S. central bank, having just stopped shrinking its balance sheet, will have to start growing it again at some point.In order to keep enough liquidity in the financial system to keep interest rates under co...Reuters
Wed, Oct 29
INSTANT VIEW-Fed delivers expected rate cut; Powell says December rate cut not assured
NEW YORK, Oct 29 (Reuters) - A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and announced it will restart limited purchases of Treasury securities after money markets showed signs that liquidity was becoming scarce, a condition the U.S. central bank...Reuters
Wed, Oct 29
Fed's Powell flags policy view discord, says December rate cut not assured
By Michael S. DerbyNEW YORK, Oct 29 (Reuters) - Federal Reserve Chairman Jerome Powell said on Wednesday that U.S. central bank officials are struggling to reach a consensus about what lies ahead for monetary policy and that financial markets should not assume another interest-rate cut will happen a...Reuters
Wed, Oct 29
INSTANT VIEW-Fed delivers expected rate cut; nods to limits of data during shutdown
NEW YORK, Oct 29 (Reuters) - A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and announced it will restart limited purchases of Treasury securities after money markets showed signs that liquidity was becoming scarce, a condition the U.S. central bank...Reuters
Wed, Oct 29
INSTANT VIEW-Fed delivers expected rate cut; nods to limits of data during shutdown
NEW YORK, Oct 29 (Reuters) - A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and announced it will restart limited purchases of Treasury securities after money markets showed signs that liquidity was becoming scarce, a condition the U.S. central bank...Reuters
Wed, Oct 29
