US Treasuries Stumble as Strong Labor Market Lifts Fed-Hike Bets
Treasuries dipped after an unexpected surge in US job growth led traders to add to wagers that the Federal Reserve will raise interest rates when officials next meet in December.
US financial policy
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Fed’s Daly Says More Rate Increases Likely Needed to Tame Prices
Federal Reserve Bank of San Francisco President Mary Daly said more interest rate increases are likely to be needed to tame inflation, but she said it was too soon to know how much higher rates will need to go.
Democrat sweep gives markets a reason to rethink path of interest rates
Rate hikes could be curbed by an Iran war resolution, slower U.S. growth and fresh fiscal policy — but none are set in stone.
Multiple Fed Rate Hikes Reasonable, Pimco's Wilding Says
Pimco Economist Tiffany Wilding says the US employment report does not change her outlook for a Federal Reserve rate hike in December. Speaking on "Bloomberg Open Interest," Wilding says another Fed rate increase in March is possible, describing…
US economy outstrips forecasts to add 165,000 jobs in October
Hiring rebound reinforces expectations Federal Reserve will raise interest rates
Stable Labor Market to Keep Fed on Track to Raise Rates Gradually
The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.
Don't Think Social Security Going Away: Lusardi
Annamaria Lusardi, senior fellow at the Stanford Institute for Economic Policy & Research and TIAA Financial Literacy co-author, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the future of Social Security and retirement in the…
September Fed Rate Hike Was a Mistake, Miran Says
Former Federal Reserve Governor Stephen Miran says raising interest rates in September was a mistake and not necessary. Miran also says he's enthusiastic about cutting back on forward guidance from the Fed even if it raises the risk premium…
Williams Says Fed Should Gather Data to Judge Price Risks
Federal Reserve Bank of New York President John Williams endorsed the US central bank’s statement saying that this is the time to collect information on the risks to prices.
How the Federal Reserve Emerged as a Winner From the US Election
Risks to Fed autonomy are seen fading with Democrats serving as a brake on Trump.
US Treasury Traders Make Bullish Bets Ahead of Jobs Report
Bond traders are positioned for further gains for the Treasury market ahead of Friday’s October employment report as expectations for additional Federal Reserve interest-rate hikes continue to fade.
BofA’s Cabana Says It’s Premature to Call End to Fed’s Hiking Cycle
Mark Cabana, co-head of global rates strategy at BofA Securities, explains what he sees markets getting wrong on pricing in interest-rate hikes from the Federal Reserve as he expects the Fed to potentially need to go beyond three hikes. He speaks…
What to Expect From Today's US Jobs Report
Isabelle Mateos y Lago, group chief economist at BNP Paribas, discusses the outlook for today's US jobs report and the potential consequences for Federal Reserve policy. "More important than the exact print is what's happening to the unemployment…
Trump’s Trouncing Gives Warsh More Room for Maneuver on Rates
Donald Trump’s sweeping rebuke by voters on Tuesday could lift a shadow from Federal Reserve Chair Kevin Warsh, allowing him to focus — with less political distraction — on bringing inflation to heel.
Rebekah Jurata Tapped for Treasury Assistant Secretary Role
The White House plans to nominate Rebekah Goshorn Jurata to serve as the US Treasury’s assistant secretary for financial institutions after Luke Pettit left the role in October, according to people familiar with the matter.
UBS’s Abigail Watt on Jobs, Inflation and Fed Policy
Abigail Watt, US economist at UBS, discusses the US jobs outlook, persistent inflation and the path for Fed policy. Watt explains why UBS expects further tightening and weighs how a slowdown in AI investment could affect US economic growth. She…
Winter support for residents facing cost pressures
The plans aim to help more people access food, financial advice and help with heating costs.
Discursive Verses: Is 'Spend Dat' the best financial indicator of America's grift economy?
NPR Music culture critic and reporter Rodney Carmichael ruminates on the latest in rap culture. This week: How Yung Miami's summer bop became a sweeping indictment. (Image credit: Aaron J. Thornton/Getty Images for BET)
Mexico Unexpectedly Cuts Key Rate to 6.25% for ‘Extended Period’
Mexico’s central bank unexpectedly cut its key interest rate to a four-year low of 6.25% and said it will leave it there for “an extended period.”
Fed’s New FOMC Schedule Turns Back the Clock for ‘Strategy’ Sessions
In 2027, the Federal Reserve will begin a transition to holding fewer policy meetings a year, a change that seems monumental for such a staid institution, but one that will actually return the US central bank to bygone ways of operating.
Federal Reserve Board announces termination of enforcement action with Allegiant United Holdings, LLC, Nano Financial Holdings, Inc., and Nano Banc
The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Allegiant United Holdings, LLC, Irvine California, Nan