Two Fed News Today

Two Fed officials offered new reassurances Thursday to investors a day after another hot inflation reading spooked markets, saying it is still possible that…

In my travels I’ve eaten some unusual foods, although maybe not this unusual, but here in Boise the talk is about how unusual it is that applications and locks have suddenly shot up in the last several business days. It is nice to hear and see the hustle and perseverance from originators pay off some. Taking a look at the big picture, per the U.S. Census Bureau, nearly 40 percent of all homeowners own their homes free and clear, or 33.4 million mortgage-free, single-family homes and condo...

Gold prices languished near their lowest level in nearly two weeks on Tuesday, weighed down by a firm dollar and elevated Treasury yields, as traders tempered expectations that the U.S. Federal... -February 05, 2024 at 09:50 pm EST - MarketScreener

The Ohio Democrat, who’s facing a tough reelection campaign that could determine control of the Senate, holds the digital asset industry’s fate in his hands at the moment.

Two Fed officials warned Tuesday that interest rates will likely stay high for a long time. Atlanta Fed President Raphael Bostic said Tuesday that he’s…

Gold prices steadied near two-week highs on Friday and was headed for their best week in six as U.S. Treasury yields backed off highs ahead of speeches by top central bankers including Fed Chair... -Today at 09:46 pm- MarketScreener

European Central Bank President Christine Lagarde and U.S. Federal Reserves Powell are expected to speak later in the day at the annual economic symposium in Jackson Hole, Wyoming.

Bonds gave back a bit less than half of Friday's gains in the overnight session with most of the losses seen after the start of European trading.  That said, there wasn't any clear connection between data/events and the selling.  It began right after the EU open and accelerated into 6am ET, pulling Treasuries along for the ride.  Two Fed speakers were out over the weekend commenting on the prospects for additional rate hikes.  W...

It was a bit of a mess last week on financial markets. We had Apple and Amazon results, US labor market macro stats, a US credit rating downgrade, and conflicting comments from a few central...

(This story has not been edited by THE WEEK and is auto-generated from a PTI