News
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US appeals court panel recommends extending suspension of 98-year-old judge
By Blake Brittain WASHINGTON, August 29 (Reuters) - A committee of judges on the U.S. Court of Appeals for the Federal Circuit recommended on Monday that the court extend its suspension of 98-year-old judge Pauline Newman for another year after determining that she had not complied with an in...Reuters
Fri, Aug 29
Mexico's central bank hikes economic forecast but growth remains sluggish
Banxico raises 2023 growth forecast to 0.6% from 0.1%Core inflation forecast increased to 3.7% for Q4 2025Economic weakness was a factor behind this month's rate cut By Emily Green and Sarah MorlandMEXICO CITY, Aug 29 (Reuters) - Mexico's economy is performing better than expected, the Bank ...Reuters
Fri, Aug 29
Bank of Mexico expects 2025 GDP to reach 0.6%, versus earlier forecast of 0.1%
MEXICO CITY, Aug 29 (Reuters) - The Bank of Mexico expects the economy to grow 0.6% this year, up from a previous estimate of 0.1%, the central bank said in its quarterly report on Friday. The report also said the bank now expects annual headline inflation in the fourth quarter to reach 3.7%, versu...Reuters
Fri, Aug 29
TREASURIES-Two-year yields heading for largest monthly drop in a year
PCE data matches economists expectations for JulyPosition squaring, month end push up 10-year yieldsBy Karen Brettell Aug 29 (Reuters) - U.S. Treasuries were mixed on Friday and interest rate-sensitive two-year yields were on track for their largest monthly drop in a year as traders squared posit...Reuters
Fri, Aug 29
ADVISORY-Holiday schedule for major US economic, other data
The Labor Day federal holiday on Monday, September 1 will affect the release schedule of some major economic, energy and commodities reports from Washington during the August 31 week. Below is the schedule for the week. Times in EDT/GMT.Some Treasury announcements are subject to change.Monday, Septe...Reuters
Fri, Aug 29
CORRECTED-TREASURIES-Two-year yields heading for largest monthly drop in a year
Two-year yields heading for largest monthly drop in a yearPCE data matches economists expectations for JulyPosition squaring, month end push yields higher on FridayBy Karen Brettell Aug 29 (Reuters) - U.S. Treasury yields rose on Friday though interest rate-sensitive two-year yields were on track...Reuters
Fri, Aug 29
Fed hawks and doves: what US central bankers are saying
By Ann Saphir Aug 29 (Reuters) - The Federal Reserve left its policy rate in the 4.25%-4.50% range at its July 29-30 meeting to keep downward pressure on inflation, which remains above its 2% target. President Donald Trump, who has for months tried unsuccessfully to pressure the U.S. central bank...Reuters
Fri, Aug 29
WRAPUP 2-US consumer spending strong; core inflation warmer on services
Consumer spending increases 0.5% in JulyCore PCE price index rises 0.3%; up 2.9% year-on-yearGoods trade deficit widens 22.1% to $103.6 billionBy Lucia Mutikani WASHINGTON, Aug 29 (Reuters) - U.S. consumer spending increased by the most in four months in July while services inflation picked up, b...Reuters
Fri, Aug 29
Fed's balance sheet drawdown enters new stage as reverse repos largely drained
Fed's reverse repo usage nears zero, signaling liquidity shiftQT continues, reducing Fed's balance sheet from $9 trillion to $6.7 trillionFed's SRF untested in high demand, raising concerns among market watchersBy Michael S. Derby NEW YORK, Aug 29 (Reuters) - The Federal Reserve’s ef...Reuters
Fri, Aug 29
