US Interest Rate Futures Market Sees Slight Drop in July Rate Hike Probability Following Slower PCE Price Index
US Interest Rate Futures Market Slightly Less Confident in July Rate Hike The US interest rate futures market showed a slight decline in the probability of a rate hike at the upcoming July meeting of the Federal Open Market Committee (FOMC). Previously standing at around 90%, the probability has now shifted to approximately 85%. This […]
President Xi talks to Bill Gates, “I hope to continue the friendship between the people of China and the United States” | Reuters
Chinese President Xi Jinping said on June 16 that he hoped the friendship between the peoples of the two countries would continue, as the foundation of Sino-US relations lies in the private sector. FILE PHOTO: London, England February 2023. REUTERS/Justin Tallis [北京 １６日 ロイター] – Chinese President Xi Jinping said in a meeting with Microsoft […]
NY Philadelphia Fed Business Conditions Index, 6 months ahead, highest level in more than a year | Reuters
According to the monthly survey on the manufacturing industry released by the Federal Reserve Bank of New York (NY) and the Federal Reserve Bank of Philadelphia on the 16th, the business sentiment index six months in advance reached the highest level in 15 months. Northeast US manufacturers expect new orders and shipments to improve in […]
Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters
Global fund managers’ allocations to equities fell to five months, according to a Bank of America (BofA) survey released on Monday. Picture taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Reuters) – Global fund managers’ allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. The […]
The US economy is robust but slowing in some parts = Treasury Secretary Yellen | Reuters
US Treasury Secretary Yellen said on Thursday that the US economy was doing well on strong consumer spending, but that some regions were slowing. He said he expected inflation to continue to fall over the next two years. He gave an interview to CNBC. (2023 REUTERS/Elizabeth Frantz) [ワシントン ７日 ロイター] – US Treasury Secretary Yellen […]
Responding to criticism of the US debt ceiling, Mr Biden adjusts telephone discussions with the Speaker of the House | Reuters
The US administration and Congressional Republicans traded accusations on Wednesday over the federal debt ceiling. No talks took place that day, and a White House official said President Biden had directed his administration team to schedule a phone call with House Speaker McCarthy (pictured, a Republican) for Monday morning ET. FILE PHOTO: Washington, DC May […]
The situation around raising the US debt ceiling “tougher than in the past” = Treasury Secretary | Reuters
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on May 13 that the situation surrounding the U.S. debt ceiling hike was “more difficult than it has been in the past,” but she hoped for a solution to avoid a default. Pictured: Ms Yellen meets Finance Minister Suzuki. Representative photo in Niigata (2023 Reuters) Niigata […]
US stock investors wary of turbulence even after hints at holding off on fed rate hikes | Reuters
NEW YORK (Reuters) – The U.S. Federal Reserve raised its rate target by 0.25 percentage points to 5.00% to 5.25% on Wednesday, but will hold off on rate hikes that hinted at the possibility. The cycle of rate hikes that have plagued markets since last year may be coming to an end, but uncertainty about […]
Fed still has room to raise interest rates, tightening is final = Cleveland Fed President | Reuters
[ニューヨーク ２０日 ロイター] – Cleveland Federal Reserve Bank President Loretta Mester said Monday that the Federal Reserve still has room to raise interest rates, and that aggressive monetary tightening since last year is coming to an end. In a transcript of a speech given in Akron, Ohio, Mester said, “Demand still exceeds supply in the […]
Bank of Japan long-term interest rate target, room to adjust fine within the year = IMF | Reuters
Ranil Salgado, director of the International Monetary Fund’s (IMF) review of Japan, said on the 15th that the Bank of Japan’s Yield Curve (YCC) Adjustment is expected to lead to a continued rise in domestic wages, and said there may be room to change the rate target long term interest later this year. Kazuo Ueda, […]
