Fed’s Daly says more rate hikes are likely needed to fight inflation
San Francisco Fed President Mary Daly said the central bank will likely need to raise interest rates further to address…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Fed to hold October 2027 meeting without an interest rate vote
The Federal Reserve will hold its October 2027 meeting without a vote on interest rates. The change is part of…
US existing home sales fall to lowest level in more than 16 years in October
US existing home sales fell to their lowest level in more than 16 years in October, as rising mortgage rates…
10-year Treasury yield climbs above 5% as oil rises and traders price in a December Fed hike
The 10-year Treasury yield rose above 5% on Thursday as oil prices climbed and investors expected further Federal Reserve hikes….
US Jobless Claims Rise to 200,000 as Continuing Claims Fall
US initial jobless claims rose to a seasonally adjusted 200,000 in the week ended November 7, above economists' forecasts. Continuing…
