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From pimco.com | 1 hr 4 min ago
The Federal Reserve held the policy rate steady at 3.50%3.75% at its June meeting an outcome that was never really in doubt. The more interesting signals came from the Summary of Economic Projections (SEP), the policy statement, and Chair Kevin Warshs first press conference, which may prove to be his most substantial. The statement was simplified and ...
The Conference Board Leading Economic Index® (LEI) for the US increased slightly by 0.1% in May 2026 to 99.3 (2016=100), following a 0.2% increase in April. After these two consecutive increases, the LEI is down just 0.3% over the six months between November 2025 and May 2026, a much smaller rate of decline than its 1.3% contraction over the previous six ...
In the week ending June 13, the advance figure for seasonally adjusted initial claims was 226,000, a decrease of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 229,000 to 230,000. The 4-week moving average was 223,250, an increase of 4,000 from the previous week's revised average. The previous week's ...
Manufacturing activity in the region weakened overall, according to the firms responding to the May Manufacturing Business Outlook Survey. The surveys indicators for general activity, new orders, and shipments all fell sharply this month. The employment index ticked up but remained negative, continuing to suggest overall declines in employment. Both price ...
The Iran war-induced inflation surge is becoming too much for central banks around the world to simply look past and a string of them, led by the U.S. Federal Reserve, have either raised borrowing costs or signalled likely moves to tame price growth. Conflict in the Middle East has pushed up energy costs and even if an interim peace deal holds, so much ...
US Sec. of Defense Hegseth: This will be a real review to ensure nato moving fast, irreversibly toward europe leading. US Sec. of Defense Hegseth: Some NATO allies will "fail" US review.
ISRAEL HOLDING 'STUBBORN NEGOTIATIONS' WITH U.S. OVER ITS PRESENCE IN SOUTHERN LEBANON, SENIOR ISRAELI OFFICIAL CLOSE TO NETANYAHU SAYS ISRAEL HAS NO INTENTION OF BACKING DOWN ON ITS POSITIONS, OFFICIAL SAYS
Two securities firms have published diverging but broadly cautious assessments of the Federal Reserve's policy path following the June meeting, with one placing near-even odds on a December rate hike and the other holding a no-move call for 2026 while flagging rising hike risk into next year. Both analyses centre on the same set of facts. The Fed left its ...
NATO CHIEF: U.S. WILL DEFEND EUROPE IF WAR BREAKS OUT NATO Secretary General: America begins reducing its military presence in Europe
Trump: Apple to collaborate with Intel on designing and manufacturing chips in the US
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