News
Important Only
WRAPUP 1-Fed officials see healthy jobs market, no rate-cut rush
Holding rates steady a 'prudent step,' Kugler saysKashkari says next two inflation reports will be paramount for rate policyGoolsbee repeats rates will be a fair bit lower by next yearBy Ann Saphir Feb 7 (Reuters) - Federal Reserve officials on Friday said the U.S. job market is solid and...Reuters
Fri, Feb 7
Trump vows to even out US trade deficit with Japan
WASHINGTON, Feb 7 (Reuters) - U.S. President Donald Trump said on Friday the U.S. trade deficit with Japan can be resolved quickly.Speaking at a joint news conference with Japanese Prime Minister Shigeru Ishiba, Trump said the deficit can be evened out simply by U.S. oil and gas exports to Japan.Reuters
Fri, Feb 7
Brazil's trade surplus misses estimates in January with 65% drop, imports surge
Adds revision for 2024 trade surplus in paragraph 6 BRASILIA, Feb 7 (Reuters) - Brazil's trade surplus plummeted 65.1% in January compared to the same month last year, official data showed on Friday, as imports rose by double digits while exports fell.Latin America's largest economy poste...Reuters
Fri, Feb 7
Fed Monetary Policy Report flags solid economy, elevated markets
Fed policy report flags solid economy, uncertain policy outlookFed notes stabilized and strong job marketReport flags elevated financial valuation levels Adds comments on productivity, Fed policy rulesBy Michael S. Derby Feb 7 (Reuters) - The Federal Reserve's latest Monetary Policy Report to...Reuters
Fri, Feb 7
US consumer sentiment drops as inflation expectations surge
Adds details from report, Trump's plans for new tariffs and charts in paragraphs 5-11Consumer sentiment drops to seven-month low, inflation expectations riseSentiment drop spans age, wealth, and political groups, Trump plans new tariffs, impacting inflation and sentiment Feb 7 (Reuters) - U.S...Reuters
Fri, Feb 7
Fed's Kugler: prudent to hold policy rate steady for some time
Feb 7 (Reuters) - Federal Reserve Governor Adriana Kugler on Friday said that with inflation going sideways and even firming somewhat, and given the healthy labor market and uncertainties over the impact of the new administration's policies on the economy, it is "prudent" to hold the pol...Reuters
Fri, Feb 7
WRAPUP 4-US job growth slows in January; unemployment rate at 4.0%
Adds details from report, analyst comments throughoutNonfarm payrolls increase by 143,000 in JanuaryUnemployment rate at 4.0%; lowest level since MayAverage hourly earnings jump 0.5%; up 4.1% year-on-yearBy Lucia Mutikani WASHINGTON, Feb 7 (Reuters) - U.S. job growth slowed more than expected in ...Reuters
Fri, Feb 7
US President Donald Trump: I will announce reciprocal tariffs next week on many countries
United States (US) President Donald Trump hit social media hard on Friday, noting through a series of posts that his plans to execute widespread tariffs on most of the US' trading allies is back on the table as a means of addressing the US' federal deficit.Fxstreet
Fri, Feb 7
Fed's Kugler: Recent progress on inflation is slow and uneven
Federal Reserve (Fed) Board of Governors member Adriana Kugler noted on Friday that US growth and economic activity remain healthy overall, but noted that progress toward the Fed's inflation goals has been somewhat lopsided.Fxstreet
Fri, Feb 7
Euro area yields head for second straight weekly fall on tariff concerns
German yields drop on tariff worriesECB could lower rates to boost growthSome analysts expect Fed will not ease policy this yearRecasts after Reuters report on U.S. tariffsBy Stefano Rebaudo Feb 7 (Reuters) - Euro zone government bond yields recorded their second straight weekly fall over concern...Reuters
Fri, Feb 7
Trump says he wants to reduce trade deficit with Japan
WASHINGTON, Feb 7 (Reuters) - U.S. President Donald Trump said on Friday that he wants to work on reducing the trade deficit with Japan, as he met with Japanese Prime Minister Shigeru Ishiba at the White House.Ishiba said during the meeting that Toyota 7203.T and Isuzu 7202.T were planning additiona...Reuters
Fri, Feb 7
Fed's Kugler says labor market healthy, inflation elevated
Feb 7 (Reuters) - In remarks that suggest she is in no hurry to cut interest rates, Federal Reserve Governor Adriana Kugler on Friday said she expects continued solid economic growth this quarter, and noted slow progress on inflation and a lack of clarity on how the Trump administration's polici...Reuters
Fri, Feb 7
US government added 9,000 jobs in January, gain not expected to continue
Feb 7 (Reuters) - The U.S. government added 9,000 workers in January, a gain economists do not expect to see repeated in the months ahead as President Donald Trump looks to cull the ranks of the federal workforce.Trump came back to the presidency last month pledging to reduce the size of the federal...Reuters
Fri, Feb 7
Trump inherits a labor market at full employment. Can he keep it there?
Adds job numbers, other data in paragraphs 1-3, 5, 9, 11January payrolls report closes the door on Biden's labor marketJob market rebounded from massive losses to full employment under former presidentTrump faces challenge of improving a strong labor marketBy Howard Schneider WASHINGTON, Feb ...Reuters
Fri, Feb 7
TREASURIES-US Treasury yields rise after jobs data
Updated in late New York morning timeBy Karen Brettell NEW YORK, Feb 7 (Reuters) - U.S. Treasury yields rose on Friday as strong jobs data revisions and a decline in the unemployment rate were seen as reflecting a solid labor market, despite headline jobs gains missing economists' expectation...Reuters
Fri, Feb 7
UoM Consumer Sentiment Index drops as inflation fears climb
According to the University of Michigan's (UoM) Consumer Sentiment Index, American consumers are beginning to grow increasingly concerned about US President Donald Trump's approach to economic policy and international trade.Fxstreet
Fri, Feb 7
Fed's Goolsbee: Will take longer than 2025 to get to neutral policy rate
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee hit markets on an already-volatile Friday with more bad news, noting that inconsistent policy approaches from the US government cause a high level of economic uncertainty that make it difficult for the Fed to draw a bead on where the economy, and inflation specifically, are likely heading.Fxstreet
Fri, Feb 7
Euro area yields rise, but head for second straight weekly fall
Markets still expect US tariffs on EUECB could lower rates to boost growthSome analysts expect Fed will not ease policy this yearBy Stefano Rebaudo Feb 7 (Reuters) - Euro zone government bond yields rose on Friday after the release of U.S. economic data, but headed for the second straight weekly ...Reuters
Fri, Feb 7
