Page 65 - Us Federal Reserve
Gold firms below recent highs as rate-hike by world central banks weigh
Spot gold was up 0.1% at $1,851.98 per ounce, as of 0752 GMT, while US gold futures rose 0.2% to $1,854.60.
 "Gold firms below recent highs as rate-hike by world central banks weigh")
Global stocks, dollar firm ahead of rate meetings, crude hits $120
The European Central Bank meets on Thursday, though it is not expected to begin raising interest rates until July, with rate setters at the US Federal Reserve and Bank of England gathering next week
 "Global stocks, dollar firm ahead of rate meetings, crude hits $120")
US recession imminent and inevitable? Not if the Fed can thread the needle
"I still think we're going to navigate through without a recession. But obviously it's going to be very, very tight because risks are very high," Moody's Mark Zandi said
 "US recession imminent and inevitable? Not if the Fed can thread the needle")
Govt plans to offload some of interest cost on aid given to partner nations
The central government plans to tweak letters-of-credit rule
 "Govt plans to offload some of interest cost on aid given to partner nations")
Federal Reserve to shrink $8.9-trillion portfolio in war on inflation
President Biden meets Fed chair Powell, reiterates full support to rein in prices while simultaneously shifting the responsibility
 "Federal Reserve to shrink $8.9-trillion portfolio in war on inflation")
Was 'wrong' about inflation path, says Yellen; Biden backs Fed's actions
US Treasury Secretary Janet Yellen said that she was wrong in the past about the path inflation would take, but said taming price hikes is President Joe Biden's top priority
 "Was 'wrong' about inflation path, says Yellen; Biden backs Fed's actions")
Let's get US interest rates to 2.5% as quickly as we can: Fed's Daly
The central bank is under pressure to begin to decisively curb overly high inflation, which is running at more than three times its 2% goal
 "Let's get US interest rates to 2.5% as quickly as we can: Fed's Daly")
Gold, silver prices slip to two-week low as US yields, dollar rise
A stronger dollar makes bullion more expensive for buyers holding other currencies, while gains in benchmark US 10-year Treasury yields reduce the appeal of zero-yield gold.
 "Gold, silver prices slip to two-week low as US yields, dollar rise")
Will back Fed on inflation by cutting on demand: US President Joe Biden
Biden said his "predecessor demeaned the Fed, and past presidents have sought to influence its decisions inappropriately during periods of inflation. I won't do this
 "Will back Fed on inflation by cutting on demand: US President Joe Biden")
Wall Street analysts think any stock market rally will be short-lived
An analyst thinks earnings estimates remain too high and sees the S&P 500 trading close to 3,400 by the end of the second-quarter earnings season in mid-August
 "Wall Street analysts think any stock market rally will be short-lived")
Wall Street mixed amid inflation fears; Powell-Biden talks in focus
Energy outperformed with a 1.1% gain as Brent crude climbed above $120 a barrel
 "Wall Street mixed amid inflation fears; Powell-Biden talks in focus")
Fed's Christopher Waller backs 50 bps rate hikes at 'several' meetings
US central bankers raised rates by a half point this month to cool the hottest inflation in 40 years and have signaled they'll hike by the same amount again at their meetings in June and July
 "Fed's Christopher Waller backs 50 bps rate hikes at 'several' meetings")
Dollar value drifts toward monthly loss as Federal Reserve bets ease
Early in the Asia session the dollar was a fraction weaker on the euro at $1.0728, just above a five-week low, having dropped about 1.5% on the common currency last week
 "Dollar value drifts toward monthly loss as Federal Reserve bets ease")
US Federal Reserve won't flinch as labour market starts tailing off
US Fed will take the data in stride as it prepares to keep boosting interest rates and wait for a more-sustained cooling in job growth to help moderate wage gains and inflation
 "US Federal Reserve won't flinch as labour market starts tailing off")
Gold prices set for second weekly gain as dollar, US treasury yields slip
Benchmark 10-year note yields were down on the day, after briefly rising on strong spending data, while the dollar was headed for a second consecutive week of declines.
Dollar slides for second week as traders adjust US Fed rate hike views
The dollar index, which measures the safe-haven currency against a basket of six other major currencies, fell as low as 101.43, its weakest since April 25.
 "Dollar slides for second week as traders adjust US Fed rate hike views")
Equities rise, yields fall after data shows US inflation may have peaked
Consumer spending, which accounts for more than two-thirds of US economic activity, increased 0.9% last month, and although inflation continued to increase in April, it was less than in recent months
 "Equities rise, yields fall after data shows US inflation may have peaked")
Dollar moves higher but set for biggest weekly drop in four months
"The market's tentative speculation about a pause in the Fed's tightening cycle in September is surely contributing to keeping the dollar soft," ING strategists said
 "Dollar moves higher but set for biggest weekly drop in four months")
Should central bankers consider pitfalls of making declarative statements?
In recent times, central bankers have stressed the need to be nimble, humble even. Recent mistakes warrant some humility
 "Should central bankers consider pitfalls of making declarative statements?")
Gold gains for 5th straight session as dollar, treasury yields retreat
The greenback hit a one-month low, while U.S. 10-year Treasury yields also edged lower as weakness in equities revived safe-haven demand for the debt
 "Gold gains for 5th straight session as dollar, treasury yields retreat")