Latest news with #FedRateCut
Bloomberg
3 days ago
- Business
- Bloomberg
Dartmouth's Blanchflower on Rate Cuts, US-UK Deal
Dartmouth College Professor: Economics David Blanchflower discusses whether the Fed will cut rates, discussess the meeting between President Trump and British Prime Minister Keir Starmer, and the US trade deal was a win for the UK. He speaks with Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)
Wall Street Journal
6 days ago
- Business
- Wall Street Journal
U.S. Treasury Yields End Week Lower
1553 ET – Treasury debt rallies this week, sending bond yields lower, as cool inflation reports from the Labor Department and another week of elevated jobless claims spurs hopes of a Fed rate cut sooner rather than later—albeit not at the June meeting next week. The Treasury Department also notched solid auction results as it sells new bonds, a reassuring sign that despite volatility this spring, demand for federal debt is holding up. On Friday, yields ticked higher despite a risk-off swing in other markets following Israel's attack on Iran. The 10-year yield ends the week at 4.423%, up from 4.357% Thursday, and the 2-year yield finishes at 3.957%, compared with 3.904% Thursday. ( @mattgrossman)0 924 ET – U.S. Treasury yields are starting Friday modestly higher, in relatively calm trading considering Israel's attack on Iran. Andy Brenner of NatAlliance Securities observes that Israel's attacks seem to have spared Iran's oil infrastructure, a decision that could limit the conflict's implications for the global economy, at least initially. 'While this may go on for a while and we do expect Iran to retaliate, we think the markets will take this in stride,' he writes. Also driving markets as the week winds down: Increasing attention to the possibility of a Fed rate cut amid some weaker data this week—although the market still deems a rate cut next week highly unlikely. The 10-year yield trades near 4.387%, versus 4.357% Thursday, and the two-year yield is near 3.941%, up from 3.904% a day ago. ( @mattgrossman)
Yahoo
12-06-2025
- Business
- Yahoo
Trump Calls for Fed Rate Cut, Says He Won't Fire Powell
President Donald Trump suggests a two-point Fed rate cut and says he does not plan to fire Federal Reserve Chair Jerome Powell. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
06-06-2025
- Business
- Bloomberg
Markets Saying Fed Rate Cut Premature: JPM's Herr
Kay Herr, US CIO for Global Fixed Income, Currencies and Commodities at JPMorgan Asset Management, says markets are indicating a Fed rate cut is premature and sees a lot of noise in economic data. She speaks to Bloomberg's Sonali Basak on 'Real Yield.' (Source: Bloomberg)
Wall Street Journal
05-06-2025
- Business
- Wall Street Journal
Asian Currencies Consolidate; Fed Rate-Cut Prospects May Support
0024 GMT — Asian currencies consolidate against the dollar in the early session. However, Fed rate-cut prospects spurred by the disappointing U.S. economic data released overnight may support. Activity among U.S. services firms sank unexpectedly in May, according to the Institute for Supply Management's PMI. ADP National Employment Report showed only 37,000 jobs were created in May, the slowest pace of private-sector hiring in more than two years. U.S. money market pricing for a September Fed rate cut is now 97% priced, NAB's Head of FX Research Ray Attrill says, citing the weak data. USD/JPY is steady at 142.77; AUD/USD is little changed at 0.6494. (
