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Fed's Miran thinks interest rates should be significantly lower
Feb 9 (Reuters) - Federal Reserve Governor Stephen Miran said on Monday central bank interest rate policy should be lower than where it is set right now.“I do think it's appropriate to have significantly lower policy rates than we do,” Miran said in a live recording of the radio station WBUR Pod...Reuters
14 minutes ago
Law students drop challenge to EEOC probe of law firms' diversity policies
By Daniel Wiessner Feb 9 (Reuters) - Three law students in a court filing on Monday agreed to withdraw a lawsuit challenging the U.S. Equal Employment Opportunity Commission's probe of diversity policies at large law firms, after the agency said it had not collected any personal information o...Reuters
38 minutes ago
Fed's Miran says data suggests Americans aren't shouldering tariff hit
Fed's Miran argues tariffs impact mainly foreigners, not AmericansFed links tariff pressures to inflation overshootSupreme Court reviewing tariff legality, potential overruleBy Michael S. Derby Feb 9 (Reuters) - Federal Reserve Governor Stephen Miran on Monday argued the Trump administrat...Reuters
54 minutes ago
India: Trade deals and rupee undervaluation support outlook – HSBC
HSBC analysts note that Indian equities and the Rupee lagged the recent emerging market rally but may be at a turning point. Progress on a US‑India trade deal, following an EU agreement, has boosted stocks and sentiment.Fxstreet
an hour ago
Fed's Miran says data suggest foreigners are bearing tariff burden
Feb 9 (Reuters) - Federal Reserve Governor Stephen Miran said Monday that tariff costs are not mainly borne by Americans, a view at odds with how many of his central bank colleagues view the issue. Most of the tariffs will be covered by the exporter and not the importer,” Miran said at an appearanc...Reuters
3 hours ago
Fed's Miran says weaker dollar not affecting monetary policy choices
Feb 9 (Reuters) - Federal Reserve Governor Stephen Miran said Monday a weaker dollar isn’t much of an issue for the central bank right now.The kind of decline seen in the dollar “doesn’t matter that much for consumer inflation” and only would if it were very dramatic, Miran said at an appearance at ...Reuters
3 hours ago
TREASURIES-US yields edge down ahead of data-stuffed week
Nonfarm payrolls, CPI and retail sales reports due this weekMarkets expect 50 basis points of Fed interest rate cuts this yearChinese regulators advise limiting US Treasury holdings due to risksBy Chuck Mikolajczak NEW YORK, Feb 9 (Reuters) - U.S. Treasury yields edged lower on Monday, easing fro...Reuters
3 hours ago
Fed's Miran: Fed should remain independent, but 100% independence impossible
Federal Reserve (Fed) Board of Governors member Stephan Miran noted on Monday that, among other things, the Fed should maintain complete autonomy from political operations. Miran then walked back the outside edges of his own comment, stating that 100% Fed independence is "impossible".Fxstreet
3 hours ago
ECB’s Lagarde: We expect inflation to stabilise sustainably at our 2% medium term target
European Central Bank (ECB) President Christine Lagarde said that they expect inflation to stabilise sustainably at the ECB's 2% medium-term target, during the plenary debate on the state of the Eurozone economy and ECB activities in Strasbourg, France, on Monday.
Fxstreet
4 hours ago
White House sets lower job growth expectations; Fed grapples with same issue
Hassett cites higher productivity for job growth slowdownFed faces challenge with falling worker demand, supplyWarsh has said productivity growth may influence Fed policy decisionsBy Doina Chiacu and Howard Schneider WASHINGTON, Feb 9 (Reuters) - White House economic adviser Kevin Hassett said on...Reuters
4 hours ago
AUD: Rally pause as RBA stays hawkish – HSBC
HSBC analysts note that the Reserve Bank of Australia raised its cash rate to 3.85% and revised growth and inflation forecasts higher, assuming the rate reaches 4.2% by end-2026. HSBC economists see the stance as hawkish and expect another 25bp hike in 3Q26.
Fxstreet
4 hours ago
NY Fed survey: January near-term expected inflation lower amid better job market views
NY Fed: January inflation expectations decline, labor market views improveHouseholds less optimistic about future financial situations, credit availabilityFed sees stable long-term inflation expectations, aims to ease short-term credit costsBy Michael S. DerbyFeb 9 (Reuters) - Americans were less wo...Reuters
5 hours ago
