Fed’s Barr Says More Hikes Likely Needed as Growth Picks Up
Federal Reserve Governor Michael Barr on Tuesday repeated a warning that further interest-rate increases will likely be needed to slow inflation.
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Federal Reserve Governor Michael Barr on Tuesday repeated a warning that further interest-rate increases will likely be needed to slow inflation.
Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war. The Conference Board said Tuesday that its consumer confidence index tumbled 6.7 points to 81.9 in September, down from 88.6 in August. That is the lowest reading in the board’s survey since April 2014 and below the lowest level reached during the pandemic. Respondents’ views of their present situation fell by 7.9 points to 109.3....
Renaissance Macro Research economist Neil Dutta tells Bloomberg This Weekend that the US labor market has stabilized while persistent inflation could force the Federal Reserve to raise interest rates at a faster pace than investors currently expect. Speaking with hosts David Gura and Christina Ruffini, Dutta says rising food and energy costs risk pushing inflation expectations higher and argues inflation remains the more pressing side of the Fed’s dual mandate. (Source: Bloomberg)
Rising bond yields, a war in Iran and the Federal Reserve’s campaign to tame down inflation were supposed to dim the appeal of America’s most shorted stocks. Instead, the group heads toward one of its best years ever.
Federal Reserve Bank of Cleveland President Beth Hammack said there is the risk that an inflationary mindset takes hold as the US economy faces a series of supply shocks. Hammack warned that “when the environment is more prone to shocks, or the shocks arrive one after another in a period when inflation has been elevated for years, there’s a greater risk that an inflationary mindset could take hold.” She spoke Thursday at a conference hosted by the Cleveland Fed. (Source: Bloomberg)
Yields on the US government’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone notched in an extended bond selloff driven by inflation and fiscal concerns.
The yield on five-year US Treasuries rose above 5% for the first time in almost two decades as strong US economic data pushed investors to prepare for a series of Federal Reserve interest-rate hikes to stem inflationary pressures.
Goldman retail analyst Kate McShane joins Bloomberg Open Interest to unpack how inflation, higher gas prices and ongoing supply chain issues are reshaping the retail landscape. She explains why big players like Walmart have an edge, how value-seeking behavior is spreading across all income levels, and what it means for this year’s holiday season. (Source: Bloomberg)
Equity analysts have turned net negative on the outlook for US corporate earnings for the first time in months, reflecting concerns about the effect on profits of inflation and higher interest rates.
Investors in the US Treasury market are shifting their focus to owning shorter-dated government bonds, a bet that the Federal Reserve will eventually emerge victorious in its fight against inflation. Gennadiy Goldberg, Head of US Rates Strategy at TD Securities, discusses how the current rate hiking cycle might evolve and where the 10-year could finish the year. (Source: Bloomberg)
US retail diesel prices topped $6.50 a gallon for the first time, extending a war-driven rally that’s rippling through the largest economy. Most US drivers don’t pump diesel into their cars. But the fuel — which goes into trucks, agricultural equipment, power generators, boats, trains, and home-heating systems — touches nearly every part of the economy. James Egelhof, Chief US Economist at BNP Paribas, discusses US economic outlook and how fuel prices are impacting the economy. (Source: Bloomberg)
Investors in the US Treasury market are shifting their focus to owning shorter-dated government bonds, a bet that the Federal Reserve will eventually emerge victorious in its fight against inflation.
The Federal Reserve unanimously raised its benchmark rate by a quarter point as policymakers confront inflation that remains above target and uncertainty tied to geopolitical developments. Merrill and Bank of America Head of CIO Market Strategy Joe Quinlan tells Bloomberg This Weekend hosts David Gura and Christina Ruffini that elevated diesel prices are a particular concern for businesses and could keep pressure on the Fed to raise rates further. (Source: Bloomberg)
Rebecca Venter, senior fixed income client portfolio manager at Vanguard, and Ed Al-Hussainy, portfolio manager at Columbia Threadneedle, join Scarlet Fu on "Bloomberg Real Yield." US Treasuries rose on Thursday as oil price declines and gains for UK government bonds reinforced improving sentiment after the Federal Reserve’s interest-rate hike and pledge to throttle inflation. (Source: Bloomberg)
US Treasuries advanced Thursday as the Federal Reserve’s interest rate hike reassured investors that the central bank is determined to tame inflation. Lakshman Achuthan, COO and co-founder at ECRI, reacts to the Fed decision and what comes after the first hike of a rate hike cycle. (Source: Bloomberg)
US stocks rallied alongside Treasuries as falling oil prices lent support to optimism that inflation can be kept under control a day after the Federal Reserve raised interest rates and signaled more tightening to come. Savita Subramanian, Head: US Equity & Quantitative Strategy at Bank of America, discusses raising her already low S&P 500 year end target. (Source: Bloomberg)
Stocks, bonds rally as investors say Fed chair has bolstered his credibility.
Stocks in Asia were poised for losses, tracking a decline on Wall Street after the Federal Reserve raised interest rates for the first time since 2023 and signaled further tightening to curb inflation. The dollar gained the most since June.
The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, its first hike in three years as the central bank battles high inflation with a move sure to anger US President Donald Trump. The Fed’s Federal Open Market Committee voted unanimously to raise rates to between 3.75 per cent and 4.00 per cent, citing “elevated” inflation. It added that the rate hike would support a “timelier return” to its 2 per cent target for the metric. More to follow …
The Federal Reserve voted unanimously to raise interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump. The benchmark federal funds rate is now in a range of 3.75% to 4%. Bloomberg's Michael McKee reports. (Source: Bloomberg)
US Treasuries held their gains after the Federal Reserve lifted interest rates for the first time since 2023 and forecast further action to rein in inflation.
Christine Barone, President & CEO of Dutch Bros, discussed the company’s aggressive growth strategy, saying the chain aims to reach 2,029 shops by 2029 and expects to add at least 185 locations this year. She said that pace is supported by a strong internal talent pipeline, with more than 500 operators ready to move into new states and markets as the company expands. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
The 10-year US Treasury yield rose to the highest in almost two decades, the latest milestone in a bruising global bond selloff driven by booming capital investment and soaring energy prices that are exacerbating inflation. Dominic Konstam, Head: Macro Strategy at Mizuho Securities, gives his expectations for Wednesday's Fed rate decision, rising bond yields, and growing market risks. (Source: Bloomberg)
The 10-year US Treasury yield rose to the highest level in almost two decades, the latest milestone in a bruising global bond selloff driven by surging energy prices, mounting debt and inflation.
An intensifying selloff in Treasuries pushed the US 10-year yield above 5% for the first time since 2023, as mounting inflation concern collided with swelling government and corporate borrowing needs.
Petrol prices jumped 3.9 percent month-to-month, accounting for one-third of the overall inflation increase in August.
Get a jump start on the US trading day with Vonnie Quinn and Michael Mckee on "Bloomberg Open Interest." Twenty-five years after September 11th, America remembers. Kevin Hassett joins Open Interest on inflation, Fed independence and his memories of that day. Plus, Brandon and Kyle Lutnick on Cantor Fitzgerald’s legacy of giving after losing 658 colleagues. And Cantor Co-CEO Christian Wall on why the AI boom could unleash trillions in new debt. (Source: Bloomberg)
Rio Times · USA & Canada Intelligence Brief September 11, 2026 USA & Canada Intelligence Brief — Friday, September 11, 2026 USA & Canada Intelligence Brief — Friday, September 11, 2026 Key Facts The print. US consumer prices rose 0.4 per cent month-on-month in August and 3.4 per cent year-on-year, the Bureau of Labor Statistics reported at 8:30 on Friday — headline figures matching what forecasters had pencilled in. The nuance. Core inflation, excluding food and energy, rose 0.3 per cent on the month against a 0.2 per cent consensus expectation, though its yearly rate cooled to 2.4 per cent from 2.5 per cent — in line, but warmer underneath than the headline admits. The driver. Gasoline rose 3.9 per cent in August and accounted for more than a third of the monthly increase; energy is up 16.3 per cent over the year and fuel oil 52 per cent, the Gulf disruption written into American pump p The post USA & Canada Intelligence Brief — Friday, September 11, 2026 appeared first on The Rio Times.
US consumer prices accelerated in August as the cost of petrol rebounded after two straight monthly declines, bolstering financial market expectations that the Federal Reserve could raise interest rates next week. The Consumer Price Index (CPI) increased 0.4 per cent last month after edging up 0.1 per cent in July, the Labour Department’s Bureau of Labour Statistics said on Friday. In the 12 months through August, consumer inflation advanced 3.4 per cent after rising by the same margin in...
US equity futures and Treasuries find some relief as investors await the latest inflation data for a signal on whether the Federal Reserve will raise interest rates next week. US diesel prices rose above $6 a gallon for the first time ever, raising the risk of further energy-driven inflation. The US marks 25 years since the September 11 terrorist attacks. Isabelle Mateos Y Lago of BNP Paribas joins "Bloomberg Brief" to look ahead to the CPI data. (Source: Bloomberg)