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TREASURIES-US yields dip after Fed's Waller comments, softer-than-expected data
Adds analyst comments, details on US economic data, Fed's Waller's comments, bullets, byline; updates pricesFed's Waller says three or four cuts possible this yearUS retail sales, jobless claims softer than expectedPhilly Fed Index surges, analysts say could be an aberrationUS 2/10 yield curve flatt...Reuters
Thu, Jan 16
Fed's Waller: Cuts could come sooner than later if disinflation meets expectations
WASHINGTON, Jan 16 (Reuters) - Inflation is likely to continue to ease and possibly allow the Federal Reserve to cut rates sooner and faster than expected, Fed governor Chris Waller said Thursday in comments that pushed against recent market moves that anticipated a shallower Fed rate path.Inflation...Reuters
Thu, Jan 16
US business inventories edge up in November
WASHINGTON, Jan 16 (Reuters) - U.S. business inventories rose marginally in November, suggesting that restocking will probably not contribute to economic growth in the fourth quarter.Inventories ticked up 0.1% after being unchanged in October, the Commerce Department's Census Bureau said on Thursday...Reuters
Thu, Jan 16
POLL-Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=CABOCR%3DECI BoC poll datareuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=CAGDPYAP GDP poll dataBy Mumal Rathore BENGALURU, Jan 16 (Reuters) - The Bank of Canada will cut interest rates by 25 basis points to...Reuters
Thu, Jan 16
Philly Fed's factory gauge surges by most since June 2020
Jan 16 (Reuters) - A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half years in January, with new orders and shipments both surging, a potential indication that the factory sector's long slump may be ending.The Federal Reserve Bank of Philad...Reuters
Thu, Jan 16
US import prices remain tame in December
WASHINGTON, Jan 16 (Reuters) - U.S. import prices barely rose for a third straight month in December as a surge in the costs of fuels ad foods was offset by weakness elsewhere, which bodes well for the inflation outlook. Import prices edged up 0.1% last month, matching the reading from the previous ...Reuters
Thu, Jan 16
TREASURIES-US yields trim gains after softer-than-expected data
NEW YORK, Jan 16 (Reuters) - U.S. Treasury yields pared gains on Thursday after data showed weaker-than-expected numbers in retail sales, jobless claims, and import prices.The lone surprise was the Philadelphia Fed Business Index, which jumped to 44.3 in January. The forecast was for a reading of mi...Reuters
Thu, Jan 16
Basketball-Start-up league Unrivaled ready to tip off with top WNBA talent
By Amy Tennery NEW YORK, Jan 16 (Reuters) - Top talent from the WNBA will be on display when the novel 3x3 basketball league Unrivaled tips off on Friday in Miami, meeting the demand from players for more options to play stateside amid surging interest in the women's game. Players in the top-flig...Reuters
Thu, Jan 16
US weekly jobless claims increase; labor market conditions still healthy
WASHINGTON, Jan 16 (Reuters) - The number of Americans filing new applications for unemployment benefits increased more than expected last week, but remained at levels consistent with a healthy labor market.Initial claims for state unemployment benefits rose 14,000 to a seasonally adjusted 217,000 f...Reuters
Thu, Jan 16
