Analysis: Currencies

Instant View: December rise in US consumer prices backs Fed pause this month

U.S. consumer prices increased in December, data showed on Tuesday, as the distortions related to the government shutdown that had artificially lowered inflation in the November unwound, cementing...

Inflation may keep Fed on hold until after Powell's chair term ends

Inflation may not subside quickly enough for Federal Reserve Chair Jerome Powell to deliver another interest-rate cut before his term ends in May, with the Bureau of Labor Statistics reporting...

US consumer inflation increases steadily, but households paying more for food and rents

U.S. consumer prices increased in December, lifted by higher costs for rents and food as some of the distortions related to the government shutdown that had artificially lowered inflation in November...

Latest Trump move on Fed may have hit a tripwire, with a rally behind Powell

After years of berating Federal Reserve Chair Jerome Powell, President Donald Trump's administration may have hit a tripwire in launching a criminal probe of the 72-year-old former investment banker,...

Japanese investors sell foreign assets in December

Japanese investors were net sellers of foreign debt in December with U.S. Treasury yields rising, and also sold foreign equities as elevated stock valuations prompted profit-taking. ...

Global central bankers defend Fed's Powell after Trump threat

STORY: Federal Reserve chair Jerome Powell received major support on Tuesday . The heads of many of the world's leading central banks issued a rare joint statement backing him. ...

Central bank chiefs, bank CEOs back Fed's Powell after Trump administration threat

Global central bank chiefs and top Wall Street bank CEOs lined up in support of Federal Reserve Chair Jerome Powell on Tuesday after the Trump administration threatened him with a criminal indictment,...

Japan may face its own 'fiscal cliff' if Takaichi calls early election

Japan may face its own version of the U.S. fiscal cliff if Prime Minister Sanae Takaichi calls an early snap election, a move that could delay parliamentary approval of a bill that grants the...

Fed's Williams says monetary policy well positioned amid a favorable outlook

Federal Reserve Bank of New York President John Williams said Monday he expects a healthy economy in 2026 and indicated he sees no near-term reason to cut interest rates. The...

Past three Fed chairs decry 'unprecedented' assault by Trump on Powell

The past three heads of the U.S. Federal Reserve on Monday joined with other former federal government economic policy leaders in condemning the Trump administration's criminal probe of Fed Chair...

Currencies : Employment fails to shift the narrative

Investors had been waiting eagerly, although the jobs report has ultimately done little to alter the current momentum.

Wall Street falls at open on worries over Fed autonomy

Wall Street's main indexes opened lower on Monday after the Trump administration renewed its attacks on the Federal Reserve, stoking fresh worries about the central bank's independence, while a...

How Trump's proposed cap on credit card rates could reshape consumer lending

A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits...

Trump administration probe of Fed's Powell sparks pushback

The Trump administration's decision to open a criminal investigation into Fed Chair Jerome Powell drew condemnation from former Fed chiefs and a chorus of criticism from key members of Trump's...

Investors react as Trump-Fed feud escalates

Tensions between the White House and the U.S. central bank sharply escalated over the weekend, with Federal Reserve Chair Jerome Powell saying the administration had threatened him with a criminal...

Bessent: Goal of MBS buys is to match Fed run-off

U.S. Treasury Secretary Scott Bessent on Friday said the goal of the Trump administration's launch of mortgage-backed securities purchases is to roughly match the rate at which those bonds are rolling...

Two Fed officials say key to fixing US housing more about supply than financing 

Two Federal Reserve officials on Friday expressed some skepticism that a Trump administration plan to lower housing costs by buying billions in mortgage-backed bonds will do much to lift the troubled...

US factory headcount falling despite Trump's promised manufacturing boom

U.S. manufacturing jobs in December continued an eight-month skid that began last spring after President Donald Trump rolled out aggressive import taxes that he pledged would lead to a resurgence of...

Fed seen on longer rate-cut pause after December jobs data

A drop in the unemployment rate may ease concerns at the U.S. central bank about labor market weakness, with traders betting Federal Reserve Chair Jerome Powell has delivered his last interest rate...