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By Cordell Eddings and Daniel Kruger, Bloomberg |
June 7, 2013
Treasuries fell after U.S. payrolls increased in May more than forecast even as the jobless rate unexpectedly rose, keeping alive speculation the Federal Reserve may slow its bond-buying under quantitative-easing stimulus.
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By John Detrixhe, Bloomberg |
June 7, 2013
The dollar remained lower against the yen after a report showed employment growth was more than forecast last month while the jobless rate unexpectedly increased, spurring speculation the Federal Reserve will maintain its stimulus programs.
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By Jeff Kearns, Bloomberg |
June 7, 2013
The Federal Reserve says it will keep buying bonds until the labor market has “improved substantially,” without defining the phrase. Officials may have adopted a threshold nevertheless, say two former Fed economists.
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By Jeanna Smialek and Joshua Zumbrun, Bloomberg |
June 6, 2013
Payroll gains averaging 80,000 a month will be enough to keep the U.S. jobless rate steady over the next couple of years as aging baby boomers retire and population growth slows, according to research at the Federal Reserve Bank of Chicago.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
June 5, 2013
The economy expanded at a “modest to moderate” pace in 11 of 12 Federal Reserve districts, with broad-based gains ranging from business services to construction and manufacturing, the central bank said today.
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By Aki Ito and Ari Altstedter, Bloomberg |
June 5, 2013
Federal Reserve Bank of Dallas President Richard Fisher called for a reduction in the $85 billion in monthly asset purchases while saying he sees an end to a three-decade bull market in bonds.
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By Rich Miller, Bloomberg |
June 5, 2013
The Federal Reserve probably will refrain from selling assets from its balance sheet over the next three to five years as the U.S. falls short of a return to full employment, according to Pimco.
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By Dominick Chirichella |
June 5, 2013
Oil prices are starting the day higher after a mostly bullish API oil inventory report released late yesterday afternoon. The main surprise was a 7.8 million barrels draw in crude oil stocks.
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By Austin Kiddle |
June 5, 2013
Gold prices jumped on Monday in reaction to the unexpected contraction in the U.S. May ISM manufacturing data to 49 from last month's 50.7, giving the market hopes that the Fed will continue its stimulus.
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By Phil Flynn |
June 5, 2013
Goldman Sachs says that the Fed will say goodbye to easing and start to tapper bond buys in September. The so called taper is sending stocks lower but oil is hanging tough.
