Fed’s Bostic sees inflation falling back down to 2% target in the second half of next year
Atlanta Fed President Raphael Bostic said Friday that his own projection is that inflation could come down to the central bank’s 2% target in
US Treasury yields fall on slower pace of auction increases for long-dated debt
By Karen Brettell (Reuters) – The U.S. Treasury Department on Wednesday said it will slow the pace of increases in its longer-dated debt auctions
World Bank aids South Africa’s energy transition with $1bn loan
South Africa is set to receive a $1 billion Development Policy Loan (DPL) from the World Bank, aimed at reducing the country’s coal reliance
Inflation could still derail stock-market rally built on Fed-is-done trade
U.S. inflation may be on a path in which it won’t budge much through next March, adding a new wrinkle to the market narrative
Fed chair’s reluctance for rate hike boost softens USD, spurs equities rally
The market dynamics on Wednesday were significantly influenced by softer economic data, reduced Treasury borrowing than initially feared, and Federal Reserve Chair Powell’s hesitation
Fed’s Barkin says October data shows gradual cooling of job market
The October employment report showed a “gradual lessening” of the job market that would be welcome by those who want the Federal Reserve to
New US House speaker faces early test on Israel, government funding
By David Morgan WASHINGTON (Reuters) -Republican Mike Johnson, the untried speaker of the U.S. House of Representatives, vowed on Wednesday to push forward with
Bipartisan calls grow to ‘fix’ U.S. border before approving $75 billion to defend Israel, Ukraine
President Joe Biden wants Congress to approve more than $75 billion in new spending to bolster Israel and Ukraine’s war efforts, and the price
US to launch its own AI safety institute
By Paul Sandle and David Shepardson BLETCHLEY PARK, England/WASHINGTON (Reuters) -The United States will launch a AI safety institute to evaluate known and emerging
Fed’s Powell says balance sheet rundown will proceed without change for now
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that he sees no reason to change the
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