By Stephen Culp NEW YORK (Reuters) – Wall Street rallied on Friday to end a volatile week, as U.S. Treasury yields eased and economic data helped investors look past the growing likelihood that[...]
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March 3, 2023
Argentina inflation seen speeding in 2023, central bank poll shows
BUENOS AIRES (Reuters) – Argentina’s inflation rate is seen hitting 99.9% in 2023, speeding up from last year’s rate and topping previous estimates which saw a slightly slower rise,[...]
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Fed’s Barkin says he could see rates at 5.5%-5.75%
PALO ALTO, California (Reuters) – Richmond Federal Reserve Bank President Thomas Barkin said on Friday that he could envision a scenario where the central bank pushes the U.S. benchmark policy i[...]
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Fed’s Barkin says he doesn’t see case for a rate pause now
PALO ALTO, California (Reuters) – Richmond Federal Reserve Bank President Thomas Barkin said on Friday that he does not understand the case for pausing interest rates now, although delivering ra[...]
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Wall Street stocks power higher as Treasury yields and dollar ease
By Lawrence Delevingne and Elizabeth Howcroft (Reuters) – Wall Street stocks posted strong gains while Treasury yields and the dollar pulled back on Friday as data pointing to U.S. economic grow[...]
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Fed’s Barkin calls for deliberate rate hikes to fight ‘exhausting’ inflation
PALO ALTO, California (Reuters) – The U.S. central bank will need further, deliberate interest rate hikes to bring inflation back down to its 2% goal, Richmond Federal Reserve Bank President Tho[...]
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Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday, on track for its largest weekly loss since mid-January against a[...]
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Fed should look at how to efficiently support markets in times of stress -Bowman
(Reuters) – The Federal Reserve should consider how to most efficiently support financial markets in times of strained liquidity using information it has gleaned from its interventions at the on[...]
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U.S. financial system vulnerable to bond market stress, Fed’s Logan says
By Michael S. Derby NEW YORK (Reuters) -Dallas Federal Reserve President Lorie Logan said on Friday the U.S. government bond market remains vulnerable to significant shocks that could cause broader da[...]
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