Shock for UK as Bank of England halves its economic growth prediction
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...
Wildfires, snow and holiday shopping. Here’s what likely influenced Friday’s jobs numbers
The Bureau of Labor Statistics will release the January jobs report at 8:30 a.m. ET Friday; and, by and large, economists expect that job gains continued to slow to pre-pandemic norms but remained ...
How U.S. Tariffs Could Impact The MENA Region
The Middle East and North Africa region has not been cited so far as a focus for the new US administration’s actions ...
Should bond investors beware Trump tariffs? How proposed tariffs could hit bonds
The bond market has already begun pricing in the potential for higher interest rates. Even the day after Trump’s election ...
The Treasury Secretary Says Trump Wants Long-Term Interest Rates to Fall—It May Take a While
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
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Trump wants lower yields on 10-year bonds. Can he make that happen?
It makes sense that the president would want 10-year yields to come down. Plenty of people would love that. “A lot of consumers feel what happens in 10-year rates,” said Brian Rehling, head of global ...
Inside the Fed, fears increase that Trump tariffs would boost inflation
There’s a growing sense among some inside the Federal Reserve that President Donald Trump’s willingness to use tariffs as a ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Trump's focus on 10-year Treasury yield to cut borrowing costs raises curiosity - and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...
Boston Fed maps out inflation response to Trump trade tariffs
The full suite of tariffs sought by the Trump administration would have created notable upward pressure for already high ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Goolsbee: Fed in Solid Place for Eventual Cuts Though Uncertainty Means a Slower Approach
Ahead of key jobs data to be released on Friday, Goolsbee said he was increasingly confident that the U.S. economy had "settled in" at around full employment, with less risk that tight Fed monetary ...