Fed governor’s blackout-period dinner with bankers draws Senate call for probe
Fed Vice Chair for Supervision Michelle Bowman attended a Bank of America dinner with more than 20 clients hours after…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Trump envoys arrive in Moscow to present Ukraine peace proposal to Putin
Trump administration envoys Steve Witkoff and Jared Kushner have arrived in Moscow to present a Ukraine peace proposal to Russian…
Putin Orders 72-Hour Halt to Kyiv Strikes as US Envoys Visit Moscow
Russian President Vladimir Putin has ordered a 72-hour halt to strikes on Kyiv as U.S. envoys Steve Witkoff and Jared…
Citi pushes Fed rate-cut forecast to June 2027 after resilient jobs report
Citi has pushed its forecast for the next Federal Reserve rate cut back to June 2027, abandoning its earlier call…
Treasury sell-off pushes 30-year yield above 5.3%, its highest since 2007
The 30-year Treasury yield has climbed above 5.3%, its highest since 2007, while the 10-year sits near 4.8%. Rising government…
