Fed’s Williams: Pace of rate increases depends on how economy responds

John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, US, November 6, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register PRINCETON, NJ, April 2 (Reuters) – The Federal Reserve needs to move monetary policy towards a more neutral stance, … Read more

Wall St edges up as payrolls report keeps Fed on track

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 30, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Unemployment drops to 3.6% vs estimate of 3.7% Nonfarm payrolls rose by 431,000 jobs last month GameStop seeks share split amid renewed meme-stock hype … Read more

US stock futures rise before jobs data, oil eyes 13% weekly fall

S&P futures up 0.46% Euro zone inflation 7.5% in March Oil heading for 13% fall this week LONDON, April 1 (Reuters) – US stock index futures rose on Friday ahead of US employment data with markets watching for signs of inflation, while oil was poised for a 13% weekly fall following reserve releases. Investors are … Read more

Dow, S&P close lower after 4 days of gains as Russia bombs Ukraine

The logo for the New York Stock Exchange (NYSE) is displayed on the floor of the NYSE in New York City, US, March 29, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US bond market spurs recession worry Private payrolls increased by 455,000 jobs in March Dow down 0.19%, S&P 500 … Read more

Oil hit by Shanghai shutdown; yen sinks as BOJ challenges the yield tide

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying graphs (top) of Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register >Asian stock markets: Oil prices shed over $3 as China lockdowns spread … Read more

Yen tumbles as BOJ interventions to keep bond yields pinned down

HONG KONG/TOKYO, March 28 (Reuters) – The Japanese yen slipped to a six-year low on Monday, after the Bank of Japan stepped into the market to stop government bond yields from rising above its key target, while bitcoin jumped to nearly its highest this year. The BOJ, on Monday morning offered to buy unlimited amounts … Read more

Wall Street rises on tech boost; NATO summit in focus

The logo for the New York Stock Exchange (NYSE) is displayed on Wall Street in New York City, US, March 22, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US business activity rises to eight-month high in March Uber surges on deal to list all NYC taxis on its app Indexes … Read more

Fed will raise rates more aggressively if needed, Powell says

US Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, US, March 3, 2022. Tom Williams/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register March 21 (Reuters) – Federal Reserve Chair Jerome Powell on Monday delivered his most … Read more

Stocks step back, oil bounces as peace talks stall

FILE PHOTO – Monitors displaying the stock index prices and Japanese yen exchange rate against the US dollar are seen after the New Year ceremony marking the opening of trading in 2022 at the Tokyo Stock Exchange (TSE), amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan January 4, 2022. REUTERS/Issei Kato Register now for … Read more

Wall Street stocks, oil prices rise after aggressive Fed hike outlook

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 17, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Investors assess aggressive Fed outlook Treasury yield curve steepens Wall Street indexes climb Oil prices jump 8% Gold up for second straight session NEW … Read more