Treasury yields steady as investors digest China data, Brexit developments

U.S. government debt yields held steady Friday as investors digested Chinese data and new Brexit developments. The yield on the benchmark 10-year Treasury note traded just higher at 1.766%, while the yield on the 30-year Treasury bond rose to 2.255%. China posted its weakest growth in nearly three decades, as the U.S.-China trade war hit demand at home and abroad. ET, Dallas Fed President Robert Kaplan will be speaking, followed by Kansas Fed President Esther George at 10:05 a.m. Minneapolis Fed


U.S. government debt yields held steady Friday as investors digested Chinese data and new Brexit developments.
The yield on the benchmark 10-year Treasury note traded just higher at 1.766%, while the yield on the 30-year Treasury bond rose to 2.255%.
China posted its weakest growth in nearly three decades, as the U.S.-China trade war hit demand at home and abroad.
ET, Dallas Fed President Robert Kaplan will be speaking, followed by Kansas Fed President Esther George at 10:05 a.m.
Minneapolis Fed
Treasury yields steady as investors digest China data, Brexit developments Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-18  Authors: thomas franck spriha srivastava, thomas franck, spriha srivastava
Keywords: news, cnbc, companies, weakest, investors, speak, yields, steady, developments, digest, data, president, brexit, treasury, fed, yield, expected, china


Treasury yields steady as investors digest China data, Brexit developments

U.S. government debt yields held steady Friday as investors digested Chinese data and new Brexit developments.

The yield on the benchmark 10-year Treasury note traded just higher at 1.766%, while the yield on the 30-year Treasury bond rose to 2.255%. Yields move inversely to prices.

China posted its weakest growth in nearly three decades, as the U.S.-China trade war hit demand at home and abroad. The world’s second-largest economy grew 6% in the third quarter, less than expected, and its weakest pace of expansion in over 27 years.

The downbeat data appeared to offset a global shift in market sentiment on Thursday, after the U.K. and European Union struck a long-awaited Brexit deal. British and EU officials reached the agreement after successive days of late-night talks and almost three years of tense discussions.

British Prime Minister Boris Johnson will now attempt to persuade U.K. lawmakers to back his agreement, ahead of what is expected to be a knife-edge vote on Saturday.

There are a number of Fed speeches expected on Friday. At 9.00 a.m. ET, Dallas Fed President Robert Kaplan will be speaking, followed by Kansas Fed President Esther George at 10:05 a.m. ET at a separate event.

Minneapolis Fed President Neel Kashkari is set to speak at 10:30 a.m. ET at the Federal Home Loan Bank’s annual leadership summit in Bloomington and Federal Reserve Board of Governors Vice Chair Richard Clarida will speak at the CFA Institute conference in Boston.

– CNBC’s Sam Meredith contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-10-18  Authors: thomas franck spriha srivastava, thomas franck, spriha srivastava
Keywords: news, cnbc, companies, weakest, investors, speak, yields, steady, developments, digest, data, president, brexit, treasury, fed, yield, expected, china


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Treasury yields move lower as investors await economic data, auctions

ET, the benchmark 10-year Treasury note , which moves inversely to price, was lower at around 1.6994%, while the yield on the 30-year Treasury bond was also lower at around 2.1671%. U.S. government debt prices were higher Tuesday morning, as investors awaited economic data and Treasury auctions. The U.S. and China held high-level trade talks in Washington late last week, which ended with President Donald Trump saying both sides had reached a “very substantial phase one deal.” On the data front,


ET, the benchmark 10-year Treasury note , which moves inversely to price, was lower at around 1.6994%, while the yield on the 30-year Treasury bond was also lower at around 2.1671%. U.S. government debt prices were higher Tuesday morning, as investors awaited economic data and Treasury auctions. The U.S. and China held high-level trade talks in Washington late last week, which ended with President Donald Trump saying both sides had reached a “very substantial phase one deal.” On the data front,
Treasury yields move lower as investors await economic data, auctions Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-15  Authors: sam meredith
Keywords: news, cnbc, companies, lower, auctions, trump, data, yields, phase, await, saying, investors, talks, treasury, economic, washington, billion, trade


Treasury yields move lower as investors await economic data, auctions

The bond market was closed on Monday, as investors observed the Columbus Day holiday.

At around 02:00 a.m. ET, the benchmark 10-year Treasury note , which moves inversely to price, was lower at around 1.6994%, while the yield on the 30-year Treasury bond was also lower at around 2.1671%.

U.S. government debt prices were higher Tuesday morning, as investors awaited economic data and Treasury auctions.

Market focus is largely attuned to global trade developments, after reports of a partial trade deal between the world’s two largest economies.

The U.S. and China held high-level trade talks in Washington late last week, which ended with President Donald Trump saying both sides had reached a “very substantial phase one deal.”

As part of that agreement, Beijing has said it will address intellectual property rights concerns raised by Washington and buy $40 to $50 billion worth of U.S. agricultural products.

In exchange, the U.S. agreed to delay an October 15 increase in tariffs on Chinese goods.

China has since reportedly said that it wants another round of talks before signing what Trump described as the first phase of an agreement between the two countries.

Bloomberg News first reported the story on Monday, saying Beijing also wanted the U.S. to scrap a tariff hike for December.

On the data front, the Empire State Manufacturing Survey for October will be released at 8:30 a.m. ET.

The U.S. Treasury is set to auction $45 billion in 13-week bills and $42 billion in 26-week bills on Tuesday.


Company: cnbc, Activity: cnbc, Date: 2019-10-15  Authors: sam meredith
Keywords: news, cnbc, companies, lower, auctions, trump, data, yields, phase, await, saying, investors, talks, treasury, economic, washington, billion, trade


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Treasury Secretary Mnuchin says libra backers dropped out because the project is ‘not ready’ to meet regulatory standards

After six corporate backers of Facebook’s libra cryptocurrency dropped out of the project, Treasury Secretary Steven Mnuchin said Monday he thinks those companies may have feared government enforcement action. Visa, Mastercard, Stripe, eBay and Mercado Pago all announced they no longer intended to participate in the program, which originally had 28 corporate backers. Lawmakers were still left with questions after libra project lead David Marcus testified in July. Facebook, libra and the five oth


After six corporate backers of Facebook’s libra cryptocurrency dropped out of the project, Treasury Secretary Steven Mnuchin said Monday he thinks those companies may have feared government enforcement action. Visa, Mastercard, Stripe, eBay and Mercado Pago all announced they no longer intended to participate in the program, which originally had 28 corporate backers. Lawmakers were still left with questions after libra project lead David Marcus testified in July. Facebook, libra and the five oth
Treasury Secretary Mnuchin says libra backers dropped out because the project is ‘not ready’ to meet regulatory standards Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-14  Authors: lauren feiner
Keywords: news, cnbc, companies, regulatory, meet, steven, mnuchin, backers, treasury, secretary, ready, libra, standards, dropped, facebook, corporate, interview, project


Treasury Secretary Mnuchin says libra backers dropped out because the project is 'not ready' to meet regulatory standards

Secretary of the Treasury Steven Mnuchin answers questions from the press after an interview on CNBC on the North Lawn of the White House in Washington, September 12, 2019. REUTERS/Sarah Silbiger.

After six corporate backers of Facebook’s libra cryptocurrency dropped out of the project, Treasury Secretary Steven Mnuchin said Monday he thinks those companies may have feared government enforcement action.

In an interview on CNBC’s “Squawk Box,” Mnuchin said he met with libra representatives on multiple occasions and has been “very clear … that if they don’t meet … our money-laundering standards and the standards that we have at [Financial Crimes Enforcement Network] that we would take enforcement actions against them. And I think they realized that they’re not ready, they’re not up to par. And I assume some of the partners got concerned and dropped out until they meet those standards.”

On Friday, five more corporate backers joined PayPal in exiting the Libra Association, the nonprofit developed to govern the new cryptocurrency envisioned by Facebook. Visa, Mastercard, Stripe, eBay and Mercado Pago all announced they no longer intended to participate in the program, which originally had 28 corporate backers. The loss of five payments companies could be a particularly large blow to the project, which is already facing scrutiny from governments around the world. The announcements came before the first Libra Association Council meeting in Geneva on Monday.

Officials at the Treasury Department are not the only ones looking closely at libra. The House Financial Services Committee has called on Facebook CEO Mark Zuckerberg to testify on Oct. 23, his first time returning for an open congressional testimony since 2018, when he discussed the Cambridge Analytica scandal. Lawmakers were still left with questions after libra project lead David Marcus testified in July. Several representatives encouraged Facebook to abandon its plans until sufficient regulatory mechanisms were in place, but Facebook has not made such a firm commitment, though it said it does plan to address concerns from lawmakers.

Reached for comment, a Visa spokesperson pointed to the company’s statement on Friday announcing that it would no longer join the Libra Association. In the statement, the spokesperson said, ‘We will continue to evaluate and our ultimate decision will be determined by a number of factors, including the Association’s ability to fully satisfy all requisite regulatory expectations.”

Facebook, libra and the five other former corporate backers did not immediately respond to requests for comment.

Subscribe to CNBC on YouTube.

Watch: CNBC’s full interview with Secretary Steven Mnuchin on China trade progress


Company: cnbc, Activity: cnbc, Date: 2019-10-14  Authors: lauren feiner
Keywords: news, cnbc, companies, regulatory, meet, steven, mnuchin, backers, treasury, secretary, ready, libra, standards, dropped, facebook, corporate, interview, project


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Pence: Trump told Erdogan he wanted immediate end to Turkish incursion into Syria

Pence: Trump told Erdogan he wanted immediate end to Turkish incursion into Syria9 Hours AgoVice President Mike Pence and Treasury Secretary Steven Mnuchin discuss meetings at the White House about the Turkish invasion of Syria and its attack on Kurdish rebels there.


Pence: Trump told Erdogan he wanted immediate end to Turkish incursion into Syria9 Hours AgoVice President Mike Pence and Treasury Secretary Steven Mnuchin discuss meetings at the White House about the Turkish invasion of Syria and its attack on Kurdish rebels there.
Pence: Trump told Erdogan he wanted immediate end to Turkish incursion into Syria Cached Page below :
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Pence: Trump told Erdogan he wanted immediate end to Turkish incursion into Syria

Pence: Trump told Erdogan he wanted immediate end to Turkish incursion into Syria

9 Hours Ago

Vice President Mike Pence and Treasury Secretary Steven Mnuchin discuss meetings at the White House about the Turkish invasion of Syria and its attack on Kurdish rebels there.


Company: cnbc, Activity: cnbc, Date: 2019-10-14
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Treasury Secretary Steven Mnuchin says he expects tariffs to go up in December if there is no China deal

Treasury Secretary Steven Mnuchin told CNBC on Monday he expects the mid-December round of tariffs on Chinese goods to take effect if no deal is reached between the two economic superpowers. “I have every expectation if there’s not a deal those tariffs would go in place, but I expect we’ll have a deal,” Mnuchin said on CNBC’s “Squawk Box.” Mnuchin said the U.S. expects China to buy $40 billion to $50 billion worth of agriculture products. In the Oval Office on Friday, Mnuchin said the White Hous


Treasury Secretary Steven Mnuchin told CNBC on Monday he expects the mid-December round of tariffs on Chinese goods to take effect if no deal is reached between the two economic superpowers. “I have every expectation if there’s not a deal those tariffs would go in place, but I expect we’ll have a deal,” Mnuchin said on CNBC’s “Squawk Box.” Mnuchin said the U.S. expects China to buy $40 billion to $50 billion worth of agriculture products. In the Oval Office on Friday, Mnuchin said the White Hous
Treasury Secretary Steven Mnuchin says he expects tariffs to go up in December if there is no China deal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-14  Authors: kevin breuninger
Keywords: news, cnbc, companies, china, steven, mnuchin, deal, expects, trump, round, treasury, secretary, tariffs, president, deadline, tariff


Treasury Secretary Steven Mnuchin says he expects tariffs to go up in December if there is no China deal

Treasury Secretary Steven Mnuchin told CNBC on Monday he expects the mid-December round of tariffs on Chinese goods to take effect if no deal is reached between the two economic superpowers.

“I have every expectation if there’s not a deal those tariffs would go in place, but I expect we’ll have a deal,” Mnuchin said on CNBC’s “Squawk Box.”

Mnuchin’s commitment to keeping tariffs on the table comes days after President Donald Trump announced a “fundamental agreement in principle” for a “phase one deal” following a round of renewed high-level negotiations with Beijing in Washington.

The two countries addressed intellectual property rights, financial services — including currency and foreign exchange — and “very significant structural issues” dealing with agriculture, a key sticking point in the tit-for-tat tariff battle, Mnuchin said.

Mnuchin said the U.S. expects China to buy $40 billion to $50 billion worth of agriculture products. He also said that China will be removing some tariffs on imports of U.S. goods.

Trump, in an all-caps tweet Sunday evening, exclaimed, “CHINA HAS ALREADY BEGUN AGRICULTURAL PURCHASES FROM OUR GREAT PATRIOT FARMERS & RANCHERS!”

In the Oval Office on Friday, Mnuchin said the White House would hold off on Tuesday’s deadline to impose more tariffs on China. The next tariff deadline is Dec. 15.

But he expects that, pending more meetings with Beijing officials, Trump and Chinese President Xi Jinping will be able to finish the deal during their anticipated meeting in Chile in a few weeks.


Company: cnbc, Activity: cnbc, Date: 2019-10-14  Authors: kevin breuninger
Keywords: news, cnbc, companies, china, steven, mnuchin, deal, expects, trump, round, treasury, secretary, tariffs, president, deadline, tariff


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Treasury yields tick lower amid US-China trade talks

These stocks are the trade talk ‘tells’ with prices to move firstFor investors reading the tea leaves of every trade headline, watch these stocks as they will tell you first if any progress is made. Marketsread more


These stocks are the trade talk ‘tells’ with prices to move firstFor investors reading the tea leaves of every trade headline, watch these stocks as they will tell you first if any progress is made. Marketsread more
Treasury yields tick lower amid US-China trade talks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: elliot smith
Keywords: news, cnbc, companies, talk, tea, tick, lower, talks, tell, progress, prices, amid, uschina, tells, stocks, reading, treasury, yields, watch, trade


Treasury yields tick lower amid US-China trade talks

These stocks are the trade talk ‘tells’ with prices to move first

For investors reading the tea leaves of every trade headline, watch these stocks as they will tell you first if any progress is made.

Markets

read more


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: elliot smith
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Trump administration clears the way for sanctions on Turkey: ‘We can shut down the Turkish economy’

President Donald Trump has given his administration broad authority to slap sanctions on Turkey, Treasury Secretary Steven Mnuchin said Friday. Trump signed an executive order authorizing the powers, though the administration will not move yet to punish Turkish individuals or entities after the country’s offensive in northern Syria. Still, Mnuchin threatened devastating actions in the wake of Turkish strikes that the U.S. has condemned. But we can shut down the Turkish economy if we need to,” th


President Donald Trump has given his administration broad authority to slap sanctions on Turkey, Treasury Secretary Steven Mnuchin said Friday. Trump signed an executive order authorizing the powers, though the administration will not move yet to punish Turkish individuals or entities after the country’s offensive in northern Syria. Still, Mnuchin threatened devastating actions in the wake of Turkish strikes that the U.S. has condemned. But we can shut down the Turkish economy if we need to,” th
Trump administration clears the way for sanctions on Turkey: ‘We can shut down the Turkish economy’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: jacob pramuk
Keywords: news, cnbc, companies, sanctions, syria, economy, northern, administration, mnuchin, treasury, turkey, week, shut, way, offensive, trump, clears, strikes, turkish


Trump administration clears the way for sanctions on Turkey: 'We can shut down the Turkish economy'

President Donald Trump has given his administration broad authority to slap sanctions on Turkey, Treasury Secretary Steven Mnuchin said Friday.

Trump signed an executive order authorizing the powers, though the administration will not move yet to punish Turkish individuals or entities after the country’s offensive in northern Syria. Still, Mnuchin threatened devastating actions in the wake of Turkish strikes that the U.S. has condemned.

“These are very powerful sanctions. We hope we don’t have to use them. But we can shut down the Turkish economy if we need to,” the Treasury chief told reporters.

Numerous members of Congress, including some of Trump’s top Republican allies, have criticized the Turkish offensive that started earlier this week, saying it will lead to the slaughter of U.S.-allied Kurdish forces. The strikes followed the president’s decision to pull troops out of northern Syria.


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: jacob pramuk
Keywords: news, cnbc, companies, sanctions, syria, economy, northern, administration, mnuchin, treasury, turkey, week, shut, way, offensive, trump, clears, strikes, turkish


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Treasury yields tick lower ahead of US-China trade talks

U.S. government debt prices were slightly higher Thursday morning, as investors awaited high-level trade talks between the world’s two largest economies. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 1.5802%, while the yield on the 30-year Treasury bond was also lower at around 2.0841%. Market focus is largely attuned to global trade developments after a media report suggested U.S.-China trade talks could be cut short. High-level negoti


U.S. government debt prices were slightly higher Thursday morning, as investors awaited high-level trade talks between the world’s two largest economies. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 1.5802%, while the yield on the 30-year Treasury bond was also lower at around 2.0841%. Market focus is largely attuned to global trade developments after a media report suggested U.S.-China trade talks could be cut short. High-level negoti
Treasury yields tick lower ahead of US-China trade talks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-10  Authors: sam meredith
Keywords: news, cnbc, companies, yields, trade, uschina, washington, talks, lower, morning, china, yield, vice, tick, told, treasury, ahead, report


Treasury yields tick lower ahead of US-China trade talks

U.S. government debt prices were slightly higher Thursday morning, as investors awaited high-level trade talks between the world’s two largest economies.

At around 03:20 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 1.5802%, while the yield on the 30-year Treasury bond was also lower at around 2.0841%.

Market focus is largely attuned to global trade developments after a media report suggested U.S.-China trade talks could be cut short.

High-level negotiators from the U.S. and China are poised to meet for a fresh round of talks in Washington, D.C., on Thursday.

A report from the South China Morning Post on Thursday said that Beijing’s Vice Premier Liu He could leave Washington on Thursday, rather than Friday as initially scheduled.

“We are not aware of a change in the Vice Premier’s travel plans at this time,” a White House spokesperson told CNBC in response to the South China Morning Post’s report. A senior administration official told CNBC’s Kayla Tausche that Liu is still scheduled to depart Friday evening, and dinner is on for the delegation Thursday evening in DC.

Bloomberg News also reported overnight that the U.S was considering an agreement to suspend next week’s tariff increase in exchange for a currency pact.


Company: cnbc, Activity: cnbc, Date: 2019-10-10  Authors: sam meredith
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Powell says the Fed will start expanding its balance sheet ‘soon’ in response to funding issues

The Federal Reserve will soon start growing its balance sheet again, a response in part to the jolt to overnight lending markets in September, Chairman Jerome Powell said Tuesday. Three rounds of quantitative easing, or asset purchases, took the balance sheet to as high as $4.5 trillion before the Fed started allowing proceeds to roll off each month. President Donald Trump sharply criticized the balance sheet reduction, calling it “quantitative tightening” and charging that it was slowing econom


The Federal Reserve will soon start growing its balance sheet again, a response in part to the jolt to overnight lending markets in September, Chairman Jerome Powell said Tuesday. Three rounds of quantitative easing, or asset purchases, took the balance sheet to as high as $4.5 trillion before the Fed started allowing proceeds to roll off each month. President Donald Trump sharply criticized the balance sheet reduction, calling it “quantitative tightening” and charging that it was slowing econom
Powell says the Fed will start expanding its balance sheet ‘soon’ in response to funding issues Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-08  Authors: jeff cox
Keywords: news, cnbc, companies, soon, rate, powell, fed, trillion, level, expanding, start, sheet, treasury, issues, reserves, balance, system, response, funding


Powell says the Fed will start expanding its balance sheet 'soon' in response to funding issues

Stocks pared some of their losses as Powell spoke while short-term Treasury yields hit their lows of the day.

The Fed has reduced its benchmark rate twice in 2019 and is expected to approve a third cut late this month.

On monetary policy more broadly, Powell stuck to his recent script: He and his fellow policymakers view the economy as being strong but susceptible to shocks, particularly from a global slowdown, trade and geopolitics like a potentially messy Brexit. He said the Fed stands committed to supporting the recovery but is data dependent and not on a preset course of cutting rates.

How the Fed will go about expanding the securities it holds will be explained in the coming days, though Treasury bill purchases will be involved, the central bank chief said during a speech in Denver, though Powell stressed the approach shouldn’t be confused with the quantitative easing done during and after the financial crisis.

The Federal Reserve will soon start growing its balance sheet again, a response in part to the jolt to overnight lending markets in September, Chairman Jerome Powell said Tuesday.

On the balance sheet issue, overnight repurchase markets malfunctioned in several weeks ago, due in part to funding constraints caused by money getting sucked out of the system as companies made tax payments and the Treasury Department settled bond auctions. The lack of funding caused repo rates to spike as high as 10% and the Fed’s benchmark funds rate, which banks charge each other for short-term borrowing, to go above its targeted range by 5 basis points.

Since then, the Fed has been conducting temporary operations in which it is providing cash in exchange for ultra-safe assets.

Powell said the Fed is about to embark on more permanent operations to make sure the system has enough reserves and the market volatility events are controlled.

“This volatility can impede the effective implementation of monetary policy, and we are addressing it,” Powell said in prepared remarks. “Indeed, my colleagues and I will soon announce measures to add to the supply of reserves over time.”

Fed officials have been contemplating the proper level of reserves to keep in the system. The cash level that banks store at the Fed has fallen to about $1.5 trillion from a peak of $2.8 trillion in September 2014 as the Fed has ended its liquidity programs. Three rounds of quantitative easing, or asset purchases, took the balance sheet to as high as $4.5 trillion before the Fed started allowing proceeds to roll off each month.

President Donald Trump sharply criticized the balance sheet reduction, calling it “quantitative tightening” and charging that it was slowing economic growth.

Powell said the Fed is settling into an “ample reserves” regime and now sees that it is around the level banks need.

“As we indicated in our March statement on balance sheet normalization, at some point, we will begin increasing our securities holdings to maintain an appropriate level of reserves,” he said. “That time is now upon us.”

While he did not specify how the Fed will proceed he was quick to draw one line — that this program should not be confused with the three rounds of QE, which were aggressive efforts to expand the balance sheet. Instead, this will be a more organic procedure that will follow operations similar to what the Fed conducted before the financial crisis of 2008.

Both interest rate policy and the approach to the balance sheet came following a dissertation from Powell on “profound changes in the economy” and what challenges they present to current conditions.

He broke the challenges into three questions: how a gas price spike might impact the economy, whether productivity is being measured adequately, and whether the labor market is tight.

A jump in gas prices probably can be absorbed and likely would have little overall impact, he said. Current productivity measures are likely inadequate due to technological factors, he added. And he said that jobs are likely growing more slowly than the data indicates, though still expanding quickly enough to absorb new entrants to the labor force.


Company: cnbc, Activity: cnbc, Date: 2019-10-08  Authors: jeff cox
Keywords: news, cnbc, companies, soon, rate, powell, fed, trillion, level, expanding, start, sheet, treasury, issues, reserves, balance, system, response, funding


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US Treasury yields tick higher as traders monitor US-China trade talks

GE to freeze pension plans for about 20,000 US employees in a bid…General Electric said on Monday it was freezing the pension plan for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate looks to cut its huge…Industrialsread more


GE to freeze pension plans for about 20,000 US employees in a bid…General Electric said on Monday it was freezing the pension plan for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate looks to cut its huge…Industrialsread more
US Treasury yields tick higher as traders monitor US-China trade talks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-07  Authors: sam meredith
Keywords: news, cnbc, companies, talks, industrial, looks, uschina, trade, yields, pension, employees, higher, 20000, salaried, plans, plan, hugeindustrialsread, treasury, monitor, tick, traders


US Treasury yields tick higher as traders monitor US-China trade talks

GE to freeze pension plans for about 20,000 US employees in a bid…

General Electric said on Monday it was freezing the pension plan for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate looks to cut its huge…

Industrials

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Company: cnbc, Activity: cnbc, Date: 2019-10-07  Authors: sam meredith
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