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Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

By Michael S. Derby Oct 13 (Reuters) - New York Federal Reserve President John Williams has reaffirmed his view that the US central bank may need to raise interest rates once more this year in its bid to lower inflation. 
ReutersReuters
Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'

Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'

By Howard Schneider CLEVELAND, Oct 12 (Reuters) - Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in order to control inflation she feels has become more broad-based and is starting to influence firms'
ReutersReuters
Dollar holds 18-month high as Gulf tension, US inflation keep investors on edge

Dollar holds 18-month high as Gulf tension, US inflation keep investors on edge

By Laura Matthews NEW YORK, Oct 12 (Reuters) - The dollar held at an 18-month high on Monday, supported by safe-haven demand as attacks escalated in the Middle East over the weekend, keeping investors cautious ahead of key US inflation data later this week.
ReutersReuters
Dollar retreats from 18-month high as oil prices fall, inflation data in focus

Dollar retreats from 18-month high as oil prices fall, inflation data in focus

By Laura Matthews NEW YORK, Oct 13 (Reuters) - The dollar slipped from an 18-month high on Tuesday as oil prices retreated and investors reassessed the AI-fueled rally that has supported demand for US assets this year, while awaiting fresh clues on the Federal Reserve's interest rate path.
ReutersReuters
Dollar slips from 18-month high as oil prices fall, inflation data in focus

Dollar slips from 18-month high as oil prices fall, inflation data in focus

By Stefano Rebaudo and Laura Matthews NEW YORK/LONDON, Oct 13 (Reuters) - The dollar slipped from an 18-month high on Tuesday as oil prices retreated and investors reassessed the AI-fueled rally that has supported demand for US assets this year, while awaiting fresh clues on the Federal Reserve's
ReutersReuters
US Treasury yield peak still ahead as Fed likely to tighten again, PIMCO's Ivascyn says

US Treasury yield peak still ahead as Fed likely to tighten again, PIMCO's Ivascyn says

By Gertrude Chavez-Dreyfuss NEW YORK, Oct 13 (Reuters) - US Treasury yields may have further room to rise, with the Federal Reserve likely to deliver one or two more rate increases before the current tightening cycle ends, Dan Ivascyn, chief investment officer at the world's largest bond manager,
ReutersReuters
Oil rallies, sending dollar higher on expectations of higher US rates

Oil rallies, sending dollar higher on expectations of higher US rates

By Sinéad Carew and Danilo Masoni NEW YORK/MILAN, Oct 12 (Reuters) - Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US interest rates to fight inflation drove the dollar higher on a narrowly mixed day for global stocks.
ReutersReuters
World stocks slip as AI spending worries hit chipmakers

World stocks slip as AI spending worries hit chipmakers

By Sruthi Shankar and Chibuike Oguh NEW YORK, Oct 13 (Reuters) - World stocks edged lower on Tuesday as concerns about AI spending weighed on chipmakers and investors looked ahead to more US corporate earnings for clues on whether big technology firms can justify their heavy capital expenditure. 
AP NewsAP News
US stocks rise with expectations for the Fed to hike rates to get inflation under control

US stocks rise with expectations for the Fed to hike rates to get inflation under control

U.S. stocks are ticking higher as expectations rise for the Federal Reserve to hike interest rates soon to get the nation’s high inflation under control
ReutersReuters
Goolsbee says AI-induced inflation is 'jumping out of its lane,' Semafor reports

Goolsbee says AI-induced inflation is 'jumping out of its lane,' Semafor reports

Oct 13 (Reuters) - Federal Reserve Bank of Chicago President Austan Goolsbee said on Tuesday that inflation is starting to feel like "aggregate overheating" fueled by spillovers from the artificial intelligence investment boom rather than largely being a byproduct of supply shocks that will pass on
TrendlineTrendline
U.S. Producer Price Index Expected to Show Continued Increase in September

U.S. Producer Price Index Expected to Show Continued Increase in September

U.S. Producer Price Index Expected to Show Continued Increase in September
TheStreetTheStreet
Fed’s Waller pivots on interest-rate bet as worried consumers sound inflation alarms

Fed’s Waller pivots on interest-rate bet as worried consumers sound inflation alarms

Waller explains his surprising rate-hike vote as consumer confidence takes a dive and energy costs remain high.