Fed’s Waller: Cuts could come sooner than later if disinflation meets expectations
WASHINGTON (Reuters) – Inflation is likely to continue to ease and possibly allow the Federal Reserve to cut rates sooner and faster than expected, Fed governor Chris Waller said Thursday in comments that pushed against recent market moves that anticipated
US business inventories edge up in November
WASHINGTON (Reuters) – U.S. business inventories rose marginally in November, suggesting that restocking will probably not contribute to economic growth in the fourth quarter. Inventories ticked up 0.1% after being unchanged in October, the Commerce Department’s Census Bureau said on Thursday.
ECB’s Lagarde moves markets with a frown, Draghi with a smile, study finds
FRANKFURT (Reuters) – The European Central Bank’s President Christine Lagarde can move financial markets with a frown, while her predecessor, Mario Draghi, used a smile to reinforce his message, a new study has found. Traders are known to hang on to
Column-EM central banks cool on Treasuries, stoking bond yield heat: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Spiking Treasury yields and the ‘wrecking ball’ dollar are creating a negative feedback loop that monetary authorities around the globe may be helping to sustain. The U.S. bond market selloff that began after the Federal
Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact: Reuters poll
By Mumal Rathore BENGALURU (Reuters) – The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, but many were not confident about the outlook beyond that given