News
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Fed's Powell: No agency other than CFPB tasked with consumer protection enforcement
Feb 11 (Reuters) - No U.S. regulator other than the Consumer Financial Protection Bureau is tasked with ensuring that banks abide by rules guarding against deceptive practices regarding consumers, the head of the Federal Reserve said on Tuesday as he was pressed by a senior Democratic senator to ens...Reuters
Tue, Feb 11
Fed's Powell says he believes Treasury payment system remains safe
By Michael S. DerbyNEW YORK, Feb 11 (Reuters) - Federal Reserve Chairman Jerome Powell said Tuesday he believes the U.S. Treasury payment system is safe amid questions what the Trump administration may be doing with the critical system. Asked in a Senate hearing if the system remained safe, Powell s...Reuters
Tue, Feb 11
COLUMN-Trump tariffs a 'lose-lose' for emerging Asia: McGeever
The opinions expressed here are those of the author, a columnist for Reuters.By Jamie McGeeverORLANDO, Florida, Feb 11 (Reuters) - U.S. President Donald Trump loves tariffs and big numbers, so it's no surprise that the first targets in his trade war have been economies that boast the biggest tra...Reuters
Tue, Feb 11
TREASURIES-US yields hold gains after Fed's Powell says in no rush to cut rates
NEW YORK, Feb 11 (Reuters) - U.S. Treasury yields clung to gains on Tuesday after Federal Reserve Chair Jerome Powell said the central bank is not in a rush to cut interest rates given an economy that is "strong overall" and inflation that remains above its 2% target.U.S. benchmark 10-year y...Reuters
Tue, Feb 11
Mounting tariff-linked inflation jitters push US Treasury yield forecasts higher
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/mm-bondyield-polls?s=6J&st=G poll dataAdds Bessent remarks on 10-year yields in paragraph 4By Sarupya Ganguly BENGALURU, Feb 11 (Reuters) - Bond strategists are rethinking long-held forecasts for declining U.S. Treasury yields on the basi...Reuters
Tue, Feb 11
Brazil's inflation slows in January but tightening cycle to continue
Adds details, economist comment in paragraphs 9-13 SAO PAULO, Feb 11 (Reuters) - Brazil's inflation rate slowed in January from the previous month, data showed on Tuesday, but the 12-month rate was still above the upper end of the central bank's target range, keeping expectations intact f...Reuters
Tue, Feb 11
Germany's trade surplus with US reaches new record
U.S. is Germany's biggest trade partnerTariffs on German imports would hurt fragile economyGermany's Scholz says EU would respond in kind to U.S. tariffsBy Maria Martinez and Rene Wagner BERLIN, Feb 11 (Reuters) - Germany's trade surplus with the United States reached a record level, ...Reuters
Tue, Feb 11
Euro zone yields tick up, traders brush off tariffs, await Powell
Recasts, updates latest price moves, adds commentary from market players, adds contextBy Lucy Raitano LONDON, Feb 11 (Reuters) - Euro zone bond yields edged higher on Tuesday, as traders weighed the possible impact of President Donald Trump's latest tariffs and focused on upcoming testimony f...Reuters
Tue, Feb 11
POLL-Mounting tariff-linked inflation jitters push US Treasury yield forecasts higher
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/mm-bondyield-polls?s=6J&st=G poll dataBy Sarupya Ganguly BENGALURU, Feb 11 (Reuters) - Bond strategists are rethinking long-held forecasts for declining U.S. Treasury yields on the basis that tariff-linked inflation threats could further ...Reuters
Tue, Feb 11
French alcohol exports weakened in 2024 as China weighed
Adds details, comments from Champagne producersBy Sybille de La Hamaide PARIS, Feb 11 (Reuters) - French wine and spirits exports fell for a second consecutive year in 2024, hit by weaker demand for premium vintages as the industry grapples with lower prices, a softer Chinese market and threats o...Reuters
Tue, Feb 11
Fed's Powell heads to Congress with good data in hand but rising uncertainty
Fed chief likely to reiterate go-slow approachImpact of tariff, immigration, other policies unclearEmployment, inflation data seen as positiveBy Howard SchneiderWASHINGTON, Feb 11 (Reuters) - Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday with the economy ...Reuters
Tue, Feb 11
