News
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Fed hawks and doves: what US central bankers are saying
Feb 11 (Reuters) - U.S. central bankers paused interest-rate cuts at their January 28-29 meeting, noting bumpy progress toward their 2% inflation goal, a still-strong labor market, and a lot of uncertainty over tariffs, tax cuts, and other economic policies under President Donald Trump. Here is a lo...Reuters
Tue, Feb 11
Fed's Williams says monetary policy is in right place to achieve Fed goals
By Michael S. Derby NEW YORK, Feb 11 (Reuters) - Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should help get inflation back to the central bank's 2% target, in comments that offered no guidance about the prospect for mor...Reuters
Tue, Feb 11
French central bank sees first quarter return to growth
PARIS, Feb 11 (Reuters) - The French economy is set to return to growth in the first quarter as service sector activity rebounds, the central bank said on Tuesday in its monthly outlook.The euro zone's second-biggest economy is on course to grow 0.1-0.2% in the first quarter from the previous th...Reuters
Tue, Feb 11
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
Fed chief reiterates go-slow approach to further rate cutsUS economy seen as strong overallPowell says Fed's job is to react to trade policy Recasts, adds material from hearing in paragraphs 1-18, analyst quoteBy Howard Schneider WASHINGTON, Feb 11 (Reuters) - U.S. Federal Reserve Chair J...Reuters
Tue, Feb 11
What to Watch in the Day Ahead - Wednesday, February 12
The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Workspace/Eikon users can register at DAY/US. Thomson One users can register at RT/DAY/US. All times in ET/GMTThe U.S. Labor Department's Bur...Reuters
Tue, Feb 11
Von der Leyen reaffirms commitment to fair trade in meeting with Vance
BRUSSELS, Feb 11 (Reuters) - European Commission President Ursula von der Leyen has reaffirmed the EU's commitment to a fair EU-US trade relationship during a bilateral meeting with U.S. Vice President JD Vance in the margins of an AI Summit in Paris on Tuesday, the EU said in a statement. Von ...Reuters
Tue, Feb 11
Citadel's Griffin worries about tariff impact on US growth
NEW YORK, Feb 11 (Reuters) - Citadel's founder Ken Griffin said on Tuesday that U.S. President Donald Trump's tariff policy is a risk to economic growth and may force countries to find new trade alliances."The uncertainty and chaos created by the tariff dynamics between us and our allies...Reuters
Tue, Feb 11
QUOTES-Powell says there's no rush to ease more given strong economy
Adds quotes Feb 11 (Reuters) - The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target, Fed Chair Jerome Powell said in opening remarks prepar...Reuters
Tue, Feb 11
QUOTES-Powell says there's no rush to ease more given strong economy
Feb 11 (Reuters) - The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target, Fed Chair Jerome Powell said in opening remarks prepared for delivery...Reuters
Tue, Feb 11
Powell says he does not believe Musk or his team have tried to access Fed systems
Feb 11 (Reuters) - Federal Reserve Chair Jerome Powell on Tuesday said he did not believe that Elon Musk or members of his Department of Government Efficiency team have tried to access the Fed's secure payment systems."Will you commit to report to this committee, majority and minority, immed...Reuters
Tue, Feb 11
Airline Aeromexico to list in New York 'as soon as market conditions allow', CEO says
MEXICO CITY, Feb 11 (Reuters) - Mexican airline Aeromexico plans to go public in New York "as soon as market conditions allow," the firm's Chief Executive Andres Conesa said on Tuesday.Aeromexico left the Mexican stock exchange as part of its Chapter 11 bankruptcy proceedings, from which...Reuters
Tue, Feb 11
Fed's Powell says central bank will investigate debanking issue
By Michael S. Derby NEW YORK, Feb 11 (Reuters) - Federal Reserve Chair Jerome Powell said Tuesday the central bank would look into Republicans' concern that some people are being deliberating kicked out of bank accounts due to political considerations. "I am struck and my colleagues are s...Reuters
Tue, Feb 11
German bond yields set for biggest daily rise since October
Updates in late European tradingBy Harry Robertson and Lucy Raitano LONDON, Feb 11 (Reuters) - German government bond yields were set for their biggest daily rise in almost four months on Tuesday as investors grappled with new U.S. tariffs, testimony from Federal Reserve chair Jerome Powell and h...Reuters
Tue, Feb 11
TREASURIES-Prices fall as tariffs weigh, Fed's Powell in no rush to cut rates
Tariff uncertainty remains lingering concernFocus on US three-year note auctionUS two-year yield hits highest in three weeksRecasts, adds new comments, byline, bullets, updates pricesBy Gertrude Chavez-Dreyfuss NEW YORK, Feb 11 (Reuters) - U.S. Treasury prices fell on Tuesday, pushing yields high...Reuters
Tue, Feb 11
Fed's Powell says there's still no shortage of market liquidity
By Michael S. DerbyNEW YORK, Feb 11 (Reuters) - Federal Reserve Chair Jerome Powell said Tuesday the U.S. central bank faces no current roadblocks to pressing forward with its balance sheet drawdown efforts. "The most recent data and the feel of markets is that reserves are still abundant," ...Reuters
Tue, Feb 11
President cannot remove a Fed board member under the law, Powell says
Feb 11 (Reuters) - The U.S. president has no legal authority to remove a member of the Board of Governors of the Federal Reserve System, Fed Chair Jerome Powell said on Tuesday.Powell's statement came in response to a question from a Democratic senator during his testimony before the Senate Bank...Reuters
Tue, Feb 11
Fed's Powell declines to comment on tariff policy
By Michael S. DerbyNEW YORK, Feb 11 (Reuters) - Federal Reserve Chair Jerome Powell declined to comment on the Trump administration's tariff policies but acknowledged there have been issues on the trade front. "It's not the Fed's job to make or comment on tariff policy" but to ta...Reuters
Tue, Feb 11
