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Heading into midterm year, Trump hopes to make economy a winning issue
Trump works to turn around public opinion on economyOpinion polls show Americans have doubts A stop in a competitive election state en route to Florida for the holidaysBy Steve Holland and Trevor Hunnicutt ROCKY MOUNT, North Carolina, Dec 19 (Reuters) - U.S. President Donald Trump talked up his p...Reuters
3 hours ago
China imports no US soybeans for third month; Argentine arrivals up 634%
By Ella Cao and Lewis Jackson BEIJING, Dec 20 (Reuters) - China imported no soybeans from the United States for a third straight month in November, as buyers turned to South American supplies amid fears of a shortfall if the trade war with Washington dragged on.KEY DETAILSU.S. soybean imports fel...Reuters
6 hours ago
Boeing seeks FAA emissions waiver to sell 35 additional 777F freighters
By David ShepardsonWASHINGTON, Dec 19 (Reuters) - Boeing BA.N on Friday asked the Federal Aviation Administration for a waiver of airplane emissions rules to allow it to sell another 35 Boeing 777F freighters, citing strong customer demand and a delay in the next-generation plane's certification...Reuters
10 hours ago
White House's Hassett tells Fox Business Trump is right where others are wrong about inflation
White House's Hassett says inflation is actually quite lowHassett argues for short-term assessment of how inflation is movingEconomist and Fed officials still anxious about high inflation due to Trump tariffsBy Michael S. Derby Dec 19 (Reuters) - White House economic advisor Kevin Hassett, wh...Reuters
10 hours ago
White House's Hassett tells Fox Business Trump has right read on inflation
NEW YORK, Dec 19 (Reuters) - White House economic advisor Kevin Hassett, who is on a short-list as future Federal Reserve Chairman Jerome Powell, said on Fox Business Friday that the president is right when he says inflation is very low, even as the data and most economists stand at odds with this v...Reuters
12 hours ago
Fed's Miran on Fox Business wants rates down to bolster job market
Dec 19 (Reuters) - Federal Reserve Governor Stephen Miran reiterated Friday that the U.S. central bank should cut interest rates because inflation has cooled and monetary policy needs to offset risks to the job market.The job market has been moderating and “if it keeps going this direction, and we d...Reuters
13 hours ago
TREASURIES-US yields climb after Bank of Japan rate increase
BOJ rate hike ends decades of monetary supportFed policymakers divided on rate cuts amid inflation concernsUpcoming Treasury auctions total $183 billion in debtBy Karen Brettell NEW YORK, Dec 19 (Reuters) - U.S. Treasury yields rose in line with global bond yields on Friday after the Bank of Japa...Reuters
13 hours ago
WRAPUP 1-US existing home sales edge up in November as mortgage rates ease
Existing home sales increase 0.5% in NovemberMedian home price rises 1.2% to $409,200 from a year agoHousing inventory at eight-month lowModest improvement in consumer sentiment in December confirmedBy Lucia Mutikani WASHINGTON, Dec 19 (Reuters) - U.S. existing home sales increased modestly in No...Reuters
15 hours ago
US existing home sales increase moderately in November
WASHINGTON, Dec 19 (Reuters) - U.S. existing home sales rose marginally in November as economic uncertainty and still-elevated mortgage rates curbed demand.Home sales increased 0.5% last month to a seasonally adjusted annual rate of 4.13 million units, the National Association of Realtors said on Fr...Reuters
18 hours ago
Fed's Williams tells CNBC there is no urgent need to cut rates again
Williams sees no urgency for further rate cuts, cites balanced policyHe says inflation data distortions complicate analysisWilliams does not consider Fed's resumption of asset purchases to be quantitative easingBy Michael S. Derby Dec 19 (Reuters) - New York Federal Reserve President John...Reuters
18 hours ago
TREASURIES-US yields climb after Bank of Japan rate increase
BOJ rate hike ends decades of monetary supportFed policymakers divided on rate cuts amid inflation concernsUpcoming Treasury auctions total $183 billion in debtBy Karen Brettell NEW YORK, Dec 19 (Reuters) - U.S. Treasury yields rose in line with global bond yields on Friday after the Bank of Japa...Reuters
18 hours ago
