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Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
By Howard Schneider WASHINGTON (Reuters) – The top of a brand new congressional panel gearing as much as strengthen Capitol Hill’s oversight of the Federal Reserve plans a broad evaluation of how the U.S. central financial institution makes its rate…
Shopper confidence declined sharply in February, notching its greatest month-to-month decline in almost 4 years as as uncertainty associated to Trump’s commerce coverage additionally lifted inflation expectations, in keeping with new information launched Tuesday morning. The Convention Board’s Shopper Confidence…
WASHINGTON (Reuters) – U.S. Treasury Secretary Scott Bessent on Tuesday argued that the U.S. financial system is extra fragile beneath the floor than financial metrics recommend, citing rate of interest volatility, sticky inflation and job progress targeted on the federal…
(Bloomberg) — Bonds climbed as concern concerning the financial system shedding steam spurred bets the Federal Reserve can have extra room to chop charges. Treasuries prolonged this month’s rally, with 10-year yields falling to the bottom ranges in 2025. Cash…
Federal Sign (FSS) This fall Earnings: What To Count on Security and safety firm Federal Sign (NYSE:FSS) shall be reporting earnings tomorrow earlier than market open. Right here’s what to anticipate. Federal Sign missed analysts’ income expectations by 2.5% final…
(Bloomberg) — Federal Reserve Financial institution of Dallas President Lorie Logan stated it could be acceptable, within the medium time period, for the US central financial institution to buy extra shorter-term securities than longer-term ones in order that its portfolio…
(Bloomberg) — Treasuries rallied as merchants boosted bets on Federal Reserve interest-rate cuts, with US President Donald Trump’s tariff plans weighing on danger urge for food. Yields on 10-year US bonds fell as a lot as seven foundation factors to…
By Wen-Yee Lee TAIPEI (Reuters) – Taiwanese chip maker Vanguard Worldwide Semiconductor warned on Tuesday that U.S. tariffs on imported chips might spur inflation and impression world financial development, however mentioned it expects the direct impression on the corporate could…
LONDON (Reuters) – Dallas Federal Reserve Financial institution President Lorie Logan on Tuesday floated the concept of allocating a “modest” a part of the Fed’s stability sheet to loans and repos, maybe holding a each day public sale of discount-window…
BERLIN (Reuters) – The German economic system shrank by 0.2% within the last quarter of 2024 in contrast with the earlier quarter, the statistics workplace reported on Tuesday, confirming a preliminary studying. (Reporting by Miranda Murray, enhancing by Thomas Seythal)