Analysis: Currencies

Two Fed dissenters cite inflation risk in votes against rate cut

Federal Reserve officials who voted against the U.S. central bank's interest rate cut this week said on Friday they are worried that inflation remains too high to warrant lower borrowing costs,...

US inflation may slow, but the affordability debate is likely to keep raging

Even if overall inflation slows next year as the U.S. Federal Reserve anticipates, President Donald Trump will still face political headwinds over the cost of living with home mortgage rates expected...

BOJ to pledge more rate hikes at next week's policy meeting, sources say

The Bank of Japan will likely maintain a pledge next week to keep raising interest rates, but stress the pace of further hikes will depend on how the economy reacts to each increase, said three...

Trump thinks more should be done to lower interest rates, White House says

President Donald Trump was happy to see the Federal Reserve cut interest rates by 25 basis points this week, but wants to see further reductions in borrowing costs, White House spokeswoman Karoline...

US weekly jobless claims post largest increase in nearly 4-1/2 years amid seasonal volatility

The number of Americans filing new applications for unemployment benefits increased by the most in nearly 4-1/2 years last week, but the surge likely does not suggest a material weakening in labor...

Lukoil leans towards Xtellus' cashless bid for its foreign assets

Russia's Lukoil favours U.S. bank Xtellus Partners' bid for its global assets over a dozen rival bids, as it takes the form of a cashless deal that would return U.S.-held securities to the Russian oil...

Fed signals pause on rate cuts as investors navigate data darkness and leadership change

After three consecutive interest rate cuts, investors now confront an uncertain U.S. monetary policy outlook for the year ahead, clouded by persistent inflation, data gaps, and an impending leadership...

US rate futures raise rate-pause odds in January; still see two cuts in 2026

Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, raised the odds on Wednesday that the Federal Reserve will pause its easing cycle at the next...

Fed's Powell says rate policy well positioned, future of policy not on pre-set course

Federal Reserve Chairman Jerome Powell said U.S. central bank interest rate policy is well positioned to respond to what lies ahead for the economy, declining to provide guidance whether another...

Wall Street subdued at open ahead of Fed interest rate verdict

Wall Street's main stock indexes opened little changed on Wednesday, ahead of a Federal Reserve monetary policy decision that is widely expected to deliver an interest rate cut, while investors remain...

US labor cost growth slows in third quarter as labor market conditions soften

U.S. labor costs increased slightly less than expected in the third quarter as a softening labor market curbed wage growth, which bodes well for the inflation outlook. The report from...

US home price rises to stay modest as mortgage rates stick

U.S. home prices will rise just 1.4% in 2026 after a similar performance this year, a Reuters poll of property experts showed on Wednesday, the slowest annual pace in 14 years despite expectations for...

Fed may not give Trump his rate cuts, but has set out a positive view of the 2026 economy

The U.S. Federal Reserve may not give President Donald Trump all the rate cuts he wants, but the view of the economy policymakers included in new economic projections on Wednesday should buoy the...

Wall St subdued at open as Fed rate cut decision nears

Wall Street's main stock indexes were subdued at the open on Tuesday as investors awaited the Federal Reserve's policy decision, while Nvidia shares were whipsawed by contrasting news around exports...

US bank floats plan to repay US investors via Lukoil asset sale, sources say

U.S. investment bank Xtellus Partners has proposed to the U.S. Treasury that proceeds from the sale of Lukoil's foreign assets be used to repay American investors who lost money when Russia's war in ...

US households' personal finance worries grew in November, New York Fed says

U.S. households grew more downbeat on their current and future financial situations in November, even as their expectations for the future trajectory of inflation held steady, a New York Federal...

Currencies: all eyes on the Fed

Global markets are looking at a key week with the Federal Reserve meeting that will publish its conclusions on Wednesday. Several markets stand at pivotal points that will be useful to juxtapose to...

U.S. stocks open higher as investors await Fed rate cut decision

Wall Street's main indexes opened modestly higher on Monday as investors priced in expectations that the Federal Reserve will deliver a long-awaited rate cut later this week in a meeting that is...

US regulators relax leveraged-lending guidance for banks

The U.S. Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation said on Friday they are withdrawing their guidance on leveraged lending issued more than a decade ago,...