By Stephen Culp NEW YORK (Reuters) – U.S. stock indexes clawed back from steep losses to a mixed close on Monday as investors digested Friday’s employment report and prepared for an eventf[...]
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April 10, 2023
Fed might not need to hike rates in May as economy slows, says BlackRock
By Davide Barbuscia NEW YORK (Reuters) – The Federal Reserve may not need to raise interest rates further to fight inflation, as the fallout from last month’s turmoil in the banking sector[...]
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Fed’s Williams doubts monetary policy spiked banking sector stress
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said on Monday that financial system troubles that drove the central bank to provide large amoun[...]
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Marketmind: China focus turns back to the macro
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian market trading volumes should return to more normal levels on Tuesday as investors around the wo[...]
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IMF’s Georgieva says 44 countries interested in new resilience trust loans
By David Lawder WASHINGTON (Reuters) – International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Monday that 44 countries have expressed interest in borrowing from its $40[...]
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US Treasury sees continued global growth despite strains in banking sector
By Andrea Shalal WASHINGTON (Reuters) – The U.S. banking system remains strong and resilient, but American officials will continue working with foreign counterparts to bolster financial resilien[...]
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Dollar gains on Fed rate hike bets, yen dips on Ueda comments
By Karen Brettell NEW YORK (Reuters) – The dollar firmed on Monday after Friday’s solid jobs report boosted expectations for a U.S. interest rate hike in May, while the yen weakened as new[...]
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Oil settles lower as rate-hike worries balance tighter supplies
By Laura Sanicola (Reuters) -Oil prices settled lower on Monday, after rising for three straight weeks, as concern about further interest rate hikes that could curb demand balanced the prospect of a t[...]
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BofA sees ‘meaningful risks’ of Q2 U.S. economic contraction
(Reuters) – The U.S. economy is at risk of shrinking in the second quarter, BofA Global Research wrote in a client note, following recent economic data that hinted that the Federal Reserve[...]
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