U.S. World Business Lifestyle
Today: July 03, 2025
Today: July 03, 2025

Federal Reserve

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Dollar and other safe havens rise as Israel strikes Iran

The U.S. dollar advanced on Friday after Israel said it had launched strikes on Iran, sparking a rush back into the currency and a rally in other safe-haven assets

Dollar and other safe havens rise as Israel strikes Iran
Business|Economy|Finance

Effort to strip Fed of interest paying power seen likely to bring upheaval to markets

By Michael S.

Effort to strip Fed of interest paying power seen likely to bring upheaval to markets
Business|Economy|Finance|Stock Markets|US

Average long-term US mortgage rate ticks down to 6.84% this week, a second straight small decline

The average rate on a 30-year U.S. mortgage fell modestly for the second straight week, but home borrowing costs remain elevated

Average long-term US mortgage rate ticks down to 6.84% this week, a second straight small decline
Business|Economy|US|World

US producer prices rebound less than expected in May

U.S. producer prices increased less than expected in May, restrained by lower costs for services like air fares.

US producer prices rebound less than expected in May
Business|Economy|Finance|World

US consumer prices rise moderately; tariffs expected to fan inflation

U.S. consumer prices increased less than expected in May as cheaper gasoline partially offset higher rents, but inflation is

US consumer prices rise moderately; tariffs expected to fan inflation
Business|Economy|Finance|Political|Stock Markets|US

Trump says Fed should lower rates by 'one full point'

U.S.

Trump says Fed should lower rates by 'one full point'
Business|Economy|Finance|Stock Markets

Fed seen on track to start cutting rates by September

Cooler-than-expected U.S. inflation last month deepened conviction in financial markets on Wednesday that the Federal Reserve will start cutting interest rates by September and deliver a

Fed seen on track to start cutting rates by September
Business|Economy|Finance

Fed to keep rates on hold at least until September as inflation risks linger: Reuters poll

The U.S.

Fed to keep rates on hold at least until September as inflation risks linger: Reuters poll
Asia|Business|Economy|World

Stocks climb, dollar dips with US-China trade talks eyed

Global stocks climbed on Monday while the dollar retreated as talks began in London between the United States and China, aimed at cooling a trade dispute

Stocks climb, dollar dips with US-China trade talks eyed
Business|Economy|Finance|Stock Markets|US|World

US corporate defaults to rise on higher-for-longer funding costs, says Deutsche Bank

The rate at which riskier U.S. companies default will increase next year, Deutsche Bank said in a Monday note, as a result either of weakening economic growth or the pressure of

US corporate defaults to rise on higher-for-longer funding costs, says Deutsche Bank
Business|Economy|Finance|Stock Markets|US

Citigroup drops July rate cut bets for US, trims forecast to 75 bps

Citigroup has pushed back its U.S. rate cut forecast to September from July and now expects three cuts this year instead of four, after a stronger-than-expected May jobs report in an

Citigroup drops July rate cut bets for US, trims forecast to 75 bps
Business|Economy|Europe|World

ECB's Schnabel sees no lasting decoupling from Fed

Ongoing trade tensions between the United States and the rest of the world are a shock to the entire global economy, meaning the Federal Reserve's and the European

ECB's Schnabel sees no lasting decoupling from Fed
Business|Economy

Fed's Musalem estimates ‘50-50’ chances on tariffs triggering prolonged US inflation, FT reports

St.

Fed's Musalem estimates ‘50-50’ chances on tariffs triggering prolonged US inflation, FT reports
Business|Economy|Finance|Political|Stock Markets|US

Trump says decision on Fed chair will be out soon

President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding that a good Fed chair would lower interest rates.

Trump says decision on Fed chair will be out soon
Business|Economy|Finance|Political|World

Fed taps Michael Horowitz as next inspector general

The Federal Reserve announced on Friday that Michael Horowitz will serve as the central bank's new inspector general.

Fed taps Michael Horowitz as next inspector general
Business|Economy|Finance|Stock Markets|US

S&P Global 'positive' on Wells Fargo as regulatory burden lifts

S&P Global upgraded its outlook on Wells Fargo to "positive" from "stable", the ratings provider said on Friday, after the U.S. bank was released from a $1.95 trillion asset cap earlier

S&P Global 'positive' on Wells Fargo as regulatory burden lifts
Business|Economy|Finance

Fed's Harker says rate cuts this year still possible, amid data quality worries

By Michael S.

Fed's Harker says rate cuts this year still possible, amid data quality worries
Business|Economy|Europe|World

European equities gain for second week on jobs data and trade hopes

European shares rose for a second straight week, buoyed by robust U.S. employment figures and diminishing concerns over trade friction

European equities gain for second week on jobs data and trade hopes
Business|Economy|Finance|Technology

Fed's Bowman lays out ambitious agenda to overhaul and ease bank oversight

The Federal Reserve's new top regulatory official on Friday laid out an ambitious agenda for revisiting and easing numerous bank rules and oversight policies

Fed's Bowman lays out ambitious agenda to overhaul and ease bank oversight
Business|Economy|Finance|Stock Markets|US|World

US payrolls growth slows in May, unemployment rate steady

U.S. job growth slowed in May, while the unemployment rate held steady, potentially giving the Federal Reserve a buffer to delay the resumption of interest

US payrolls growth slows in May, unemployment rate steady