Federal Reserve

Euro falls in Europe

Euro falls in Europe

LONDON: The euro fell on Wednesday, under pressure after a European Central Bank official said the bank was...
Published 28 Jan, 2021 04:40am
Yields slip as investors await 30-year auction
Markets

Yields slip as investors await 30-year auction

  • Investors awaiting an auction of 30-year government debt shrugged off a report showing an increase in US consumer prices in December amid rising gasoline costs.
  • In the 12 months through December the CPI advanced 1.4% after increasing 1.2% in November.
Published 13 Jan, 2021 09:10pm
Yields highest since March before 10-year auction
Markets

Yields highest since March before 10-year auction

  • Investors are watching to see if the recent rise in yields will lure buyers to today's $38 billion sale of 10-year notes.
  • The Georgia Senate run-off elections really changed the landscape for the outlook pretty significantly as there is now potentially very significant additional stimulus.
Published 12 Jan, 2021 08:28pm
Fed begins tussle over practical meaning of new inflation policy
World

Fed begins tussle over practical meaning of new inflation policy

  • The new policy, laid out in a strategic document last month and incorporated into a policy statement issued on Wednesday.
  • Atlanta Fed President Raphael Bostic said, for example, that he'd be paying closer attention to how fast inflation rises rather than on its quarter-to-quarter level in implementing the new approach.
Published 18 Sep, 2020 08:12pm