Yields jump, stocks fall as Powell suggests higher rates possible
Wall St falls after Powell comments, Treasury auctionUS yields surge after Powell, 30-year auction disappointsBrent ends at over $80/bbl after...
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FOREX Dollar ticks higher ahead of Fed chair remarks
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsEuro...
Sterling edges up vs euro as BoE says policy needs to stay restrictive
UK pound coin drops into yellow watercolour in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsLONDON,...
Russia’s depleted workforce threatening economic growth, says central bank
Pedestrians walk past the Central Bank headquarters in Moscow, Russia, August 15, 2023. REUTERS/Shamil Zhumatov/File photo Acquire Licensing RightsThis content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Nov 9 (Reuters) - Russia's depleted labour force is causing acute labour shortages and threatening economic growth, Central Bank Governor Elvira Nabiullina said on Thursday, as Moscow pumps fiscal and physical resources into the military.Russia's military production focus as it prosecutes what it calls a "special military operation" in Ukraine is pulling funds away from...
Fed’s Cook says geopolitical tensions could change US economic outlook
Dr. Lisa DeNell Cook, of Michigan, nominated to be a Member of the Board of Governors of the Federal Reserve...
BofA CEO Moynihan says US economy headed for soft landing
Bank of America Chairman and CEO Brian Moynihan testifies before a Senate Banking, Housing, and Urban Affairs hearing on "Annual Oversight of the Nation's Largest Banks", on Capitol Hill in Washington, U.S., September 22, 2022. REUTERS/Evelyn Hockstein/ File Photo Acquire Licensing RightsNEW YORK, Nov 8 (Reuters) - Bank of America (BAC.N) CEO Brian Moynihan said on Wednesday he expects a soft landing for the U.S. economy as consumer spending and commercial borrowing slow."Our research team is the best in the business and they have moved to the soft landing category....
Dollar rises for third day before Fed Chair Powell speech
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 8...
Morning Bid: Oil-fueled rally turns to Powell
Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the...
Crack in US dollar strength to spread as economy slows: Reuters poll
BENGALURU, Nov 8 (Reuters) - The dollar's recent weakness will linger for the rest of the year, according to a...
UK think tank urges Hunt to invest in economy, not tax cuts
British Chancellor of the Exchequer Jeremy Hunt attends Britain's Conservative Party's annual conference in Manchester, Britain, October 2, 2023. REUTERS/Hannah...
