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Bipartisan group of US lawmakers calls for export controls on synthetic DNA sequences
By Stephen Nellis SAN FRANCISCO, Dec 12 (Reuters) - A bipartisan group of U.S. lawmakers this week introduced bills that would require U.S. firms to obtain a license before exporting sequences of synthetic DNA.DNA research is foundational to the biotech industry, where researchers use powerful co...Reuters
13 hours ago
Trump eyes Warsh and Hassett as top contenders to replace Powell in 2026 - WSJ
In an interview with the Wall Street Journal, the US President Donald Trump revealed that he is leaning on former Fed Governor Kevin Warsh and also on the National Economic Council Director Kevin Hassett to lead the Federal Reserve since May 2026.Fxstreet
13 hours ago
Fed's Daly says this week's rate cut was right move for Fed
Dec 12 (Reuters) - Federal Reserve Bank of San Francisco President Mary Daly said on Friday in a LinkedIn posting that she favored cutting interest rates at this week's monetary policy meeting."This week’s (Federal Open Market Committee) decision was not an easy choice," Daly wrote, with...Reuters
13 hours ago
Swiss National Bank Elect Martin Hirzel To Bank Council
Dec 12 (Reuters) - SCHWEIZERISCHE NATIONALBANK SNBN.S:BANK COUNCIL DECIDED TO PROPOSE TO THE GENERAL MEETING OF SHAREHOLDERS MARTIN HIRZEL BE ELECTED TO THE BANK COUNCIL FOR THE REMAINDER OF THE 2024-2028 TERM OF OFFICEHE IS TO TAKE UP OFFICE WITH EFFECT FROM 1 MAY 2026 AS THE SUCCESSOR TO ROMEO LAC...Reuters
17 hours ago
Goolsbee: Fed shouldn't use rates to make government finance cheaper, that's a key argument for independence
WASHINGTON, Dec 12 (Reuters) - Chicago Fed President Austan Goolsbee said Friday the central bank should not factor the cost of government finance into its interest rates deliberations, citing that as a key reason Fed independence is so important."It pains me that people are legitimately saying....Reuters
17 hours ago
German 30-year yield hits fresh 14-year high as fiscal supply concerns weigh
German bond yields rise as investors reprice the ECB rate outlookECB seen holding rates steady through 2026Markets assign over 50% odds to an ECB rate hike by March 2027By Amanda Cooper and Stefano Rebaudo LONDON, Dec 12 (Reuters) - German government bond yields rose on Friday after hitting their...Reuters
17 hours ago
POLL-Mexico central bank to cut rates on December 18; economists closely split on early 2026 pause
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=MXCBIR%3DECI poll dataBy Gabriel Burin BUENOS AIRES, Dec 12 (Reuters) - Mexico's central bank will lower its key interest rate to 7% at its meeting on December 18, according to a Reuters poll of economists who were almost eve...Reuters
18 hours ago
TREASURIES-US yields rise after Fed comments as economic outlook gauged
Yields climb after two-day declineFed dissenters express concerns over inflation10-year yield poised for second straight weekly gainBy Chuck Mikolajczak NEW YORK, Dec 12 (Reuters) - U.S. 10-year Treasury yields rose on Friday after two straight sessions of declines, as investors assessed commenta...Reuters
18 hours ago
WRAPUP 2-Two Fed dissenters cite inflation risk in votes against rate cut
Chicago Fed's Goolsbee dissented because he wanted more data before rate cutKansas City Fed's Schmid says his dissent was based on feeling that inflation is too hotPhiladelphia Fed's Paulson concerned about labor market weaknessBy Howard Schneider and Michael S. Derby WASHINGTON, Dec ...Reuters
18 hours ago
Fed's Hammack would prefer tighter policy given too high inflation
Fed's Hammack would prefer 'slightly more restrictive' monetary policyHammack says current Fed policy right around neutral levelsHammack says she's watching inflation to see if more restrictive policy neededBy Michael S. DerbyNEW YORK, Dec 12 (Reuters) - Federal Reserve Bank of Cleve...Reuters
19 hours ago
Cheaper European Gas diverts Qatari LNG toward India – Commerzbank
Lower European Gas prices (TTF) are having an impact: according to an analysis of ship tracking data by Bloomberg, LNG shipments from Qatar have recently been diverted away from Europe to India, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.Fxstreet
19 hours ago
