Explore

US Treasury's Bessent says bond yields reflect 'global issues'

US Treasury's Bessent says bond yields reflect 'global issues'

By David Lawder WASHINGTON, Sept 15 (Reuters) - U.S.

Fed's table is set for a rate hike, a first under Warsh

Fed's table is set for a rate hike, a first under Warsh

By Ann Saphir and Michael S.

Morning Bid: "The house" visits the House

Morning Bid: "The house" visits the House

By Mike Dolan Sept 15 (Reuters) - The nervous start to the week for world markets has seen 10-year U.S. Treasury yields top 5% to hit their highest in 19 years, just as Treasury Secretary Scott Bessent prepares to address Congress and the Federal Reserve starts its critical two-day meeting today.

Federal Reserve is expected to raise its benchmark rate, defying Trump's demands

Federal Reserve is expected to raise its benchmark rate, defying Trump's demands

The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump’s demands

Fed rate hike only half the story as Warsh faces dot-plot test

Fed rate hike only half the story as Warsh faces dot-plot test

Investors are looking past the Fed’s expected rate hike to the dot plot for clues on inflation and future hikes.

Trump is learning he can't bully Fed into lower interest rates | Opinion

Trump is learning he can't bully Fed into lower interest rates | Opinion

The Federal Reserve's board will meet on Sept. 15 and 16 to consider what to do about interest rates. Trump has been busy making trade war threats.

Global bond yields hit 2008 highs, raising stakes for big borrowers

Global bond yields hit 2008 highs, raising stakes for big borrowers

By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, Sept 15 (Reuters) - Government borrowing costs hit their highest since the 2008 financial crisis on Tuesday, with 10-year U.S.

President Trump Demands Lower Interest Rates Ahead of Expected Federal Reserve Hike

President Trump Demands Lower Interest Rates Ahead of Expected Federal Reserve Hike

President Trump publicly stated on Sunday that the United States should have the world's lowest interest rates, irrespective of economic data, just days before the Federal Reserve's scheduled meeting. This demand comes as market odds for a rate hike have significantly increased, with fresh Consumer Price Index (CPI) figures showing their largest increase in four months. Traders now assign an approximately 86% probability that the Federal Reserve will raise its benchmark rate from 3.5% to 3.75%, which would be the first increase in three years. President Trump made these remarks at the Irish Open golf tournament, intensifying his pressure campaign on the Federal Reserve, even as his own appointee for Fed chair, Kevin Warsh, faces mounting pressure to tighten monetary policy.

Morning Bid: Trump says hit that brake; no, not that one

Morning Bid: Trump says hit that brake; no, not that one

TOKYO, Sept 15 (Reuters) - A look at the day ahead in European and global markets from Satoshi Sugiyama. U.S.

High mortgage rates to keep US housing market revival elusive: Reuters poll

High mortgage rates to keep US housing market revival elusive: Reuters poll

By Sarupya Ganguly BENGALURU, Sept 15 (Reuters) - U.S. mortgage rates will stay higher than previously forecast and decline only modestly over coming quarters, a Reuters poll of property experts showed, keeping home price growth muted through next year.

Bessent is doubling down with weekly bank sanctions

Bessent is doubling down with weekly bank sanctions

The Treasury secretary told everyone to watch Monday. The three weeks before it say more.

Ahead of Fed meeting, Trump says US should have world's lowest interest rate

Ahead of Fed meeting, Trump says US should have world's lowest interest rate

By Bo Erickson, Padraic Halpin and Conor Humphries DOONBEG, Ireland, Sept 13 (Reuters) - No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve's next policy meeting.