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UPDATE 4-Fed officials worry Trump policies may lengthen inflation fight
Updates with further material from minutes, background, analyst's reaction in paragraphs 1-8, 13Central bank officials still see inflation falling toward 2% targetUncertainty about Trump policies clouds economic outlookInvestors expect Fed to hold rates steady later this monthBy Howard Schneider ...Reuters
Wed, Jan 8
UPDATE 2-Yellen says COVID spending may have contributed 'a little bit' to inflation
Yellen says supply chain shortages main inflation spike culpritBiden's $1.9 trillion COVID bill avoided 'scarring,' Yellen saysHigher bond yields reflect policy uncertainty, rate path-YellenMore sustainable US fiscal path needed, Yellen tells CNBCAdds details on Biden, Trump COVID spending, paragrap...Reuters
Wed, Jan 8
TREASURIES-10-year yields hit highest since April on inflation fears
Updated in New York afternoonBy Karen Brettell NEW YORK, Jan 8 (Reuters) - Benchmark 10-year yields hit a more than eight-month high on Wednesday on concerns that policies introduced by the Donald Trump administration could reignite inflation in addition to boosting growth, leading to fewer Feder...Reuters
Wed, Jan 8
WRAPUP 3-US weekly jobless claims at 11-month low amid labor market stability
Adds Fed meeting minutes in paragraphs 10 and 11Weekly jobless claims decline 10,000 to 201,000Continuing claims increase 33,000 to 1.867 millionPrivate payrolls rise by 122,000 jobs in DecemberBy Lucia Mutikani WASHINGTON, Jan 8 (Reuters) - The number of Americans filing new applications for une...Reuters
Wed, Jan 8
What to Watch in the Day Ahead - Friday, January 10
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, Eikon users can register at DAY/US. Thomson One users can register at RT/DAY/US. All times in ET/GMT(U.S. markets are closed on Thursday, January 9, ...Reuters
Wed, Jan 8
Industry groups sue over Biden ban on medical debt from credit reports
By Nate Raymond Jan 8 (Reuters) - Two groups representing the credit reporting and credit union industries have filed a lawsuit challenging a new rule adopted by U.S. President Joe Biden's outgoing administration banning the inclusion of medical debt in American consumers' credit reports.The Cons...Reuters
Wed, Jan 8
Yellen says COVID spending may have contributed 'little bit' to inflation
WASHINGTON, Jan 8 (Reuters) - The Biden administration's spending on stimulus to keep the economy going during the COVID pandemic may have contributed a little bit to inflation, U.S. Treasury Secretary Janet Yellen said in an interview on CNBC on Wednesday.Yellen said supply chain issues and shorta...Reuters
Wed, Jan 8
UPDATE 2-Trump mulls economic emergency declaration to back universal tariff plans, CNN reports
Trump has vowed tariffs of 10% on global imports, 60% on Chinese goodsTrump previously invoked IEEPA to threaten tariffs over Mexican border issuesAdds details on Trump's past use of economic emergency law, paragraphs 5-12By David Lawder and Shivani Tanna Jan 8 (Reuters) - U.S. President-elect Do...Reuters
Wed, Jan 8
FACTBOX-What to expect on Trump's Inauguration Day
Adds details on pre-event rally, donations, paragraphs 9, 17-18, , 20-22By James Oliphant WASHINGTON, Jan 8 (Reuters) - Donald Trump will be sworn in as president of the United States on Jan. 20, ushering in his second term in office and capping one of the most astounding political comebacks ...Reuters
Wed, Jan 8
US crude stocks fall, gasoline and distillate inventories rise, EIA says
HOUSTON, Jan 8 (Reuters) - U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday.Crude inventories fell by 959,000 barrels to 414.6 million barrels in the week ended Jan. 3, the EIA said, compared with analysts' expec...Reuters
Wed, Jan 8
Canadian finance minister says he will not run to replace Trudeau
OTTAWA, Jan 8 (Reuters) - Canadian Finance Minister Dominic LeBlanc on Wednesday said he would not run in the race to be leader of the ruling Liberal Party in the wake of Prime Minister Justin Trudeau's announcement he was stepping down.In a statement, LeBlanc said he wanted to focus on his job and ...Reuters
Wed, Jan 8
UPDATE 1-Fed's Waller: More cuts likely though timing depends on inflation progress
Fed governor says inflation should continue to fall in 2025Timing of further rate cuts depends on inflation dataTariffs not likely to cause persistent inflationAdds further comments from appearanceBy Howard SchneiderWASHINGTON, Jan 8 (Reuters) - Inflation should continue falling in 2025 and allow th...Reuters
Wed, Jan 8
TREASURIES-10-year yields hit highest since April on inflation fears
By Karen Brettell NEW YORK, Jan 8 (Reuters) - Treasury yields jumped on Wednesday and benchmark 10-year yields were the highest since April on concerns about a renewed uptick in inflation if the incoming Donald Trump administration enacts new tariffs.Under Trump, both growth and inflation are exp...Reuters
Wed, Jan 8
UPDATE 1-Brazil's industrial output falls for second straight month
Updates with context and analyst commentSAO PAULO, Jan 8 (Reuters) - Industrial production in Brazil fell for the second month in a row in November, data showed on Wednesday, in a sign the economy may be cooling as the central bank tightens monetary policy to tame inflation.Production was down 0.6% ...Reuters
Wed, Jan 8
