U.S. adds 211,000 jobs in April; unemployment 4.4%

  • May 5, 2017
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The economy generated 211,000 new jobs in April, rebounding from a disappointing March and pointing to steady U.S. economic growth ahead. Economists polled by MarketWatch had predicted a 190,000 increase in nonfarm jobs. The unemployment rate dipped to 4.4% from 4.5%, a postrecession low last matched in May 2007, the government said Friday. Average wages

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Chicago Fed President Charles Evans: Central bank could be done raising rates this yeaR

  • June 19, 2017
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Chicago Fed President Charles Evans said the central bank could be done raising rates this year, offering a relatively dovish stance. The central bank official, who is a voting member this year of the Fed’s policy-setting committee, said he supports the current policy of “very gradual” interest-rate hikes and a slow reduction of the balance

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March JOLTS better

  • May 9, 2017
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March JOLTS (Job Openings and Labor Turnover Survey) shows vacant jobs, 5.743 vs. estimates of 5.670M. Not a large factor for interest rate pricing.

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March Wholesale Investories better

  • May 9, 2017
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March Wholesale Inventories 0.2% vs. estimates of -0.1%. This will not have an influence for interest rates.

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April Import Prices Improve

  • May 10, 2017
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April Import Prices 0.5% vs. estimates of 0.2%. Import Prices YOY 4.1% vs. estimates of 4.2%. A slight negative for interest rate pricing, but generally not a large factor.

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New York Fed President William Dudley : U.S. economy as “pretty good.”

  • June 19, 2017
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New York Fed President William Dudley struck a more hawkish tone, arguing against slowing the pace of interest-rate increases, and describing the U.S. economy as “pretty good.” Dudley’s remarks on Monday were cited as adding to yields extending gains following the Fed’s Wednesday announcement of its plan to shrink it balance sheet as it cut

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Bank of England votes 7-1 to hold key rate at 0.25%

  • May 11, 2017
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The Bank of England on Thursday left its key interest rate at 0.25%, meeting widely held expectations. The vote to hold the rate steady was 7-1, with board member Kristen Forbes backing an increase. The central bank left unchanged the size of its asset purchase program at £435 billion ($562 billion) and its corporate-bond purchase

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Treasury yields slip as Fed’s Evans says rates may linger lower for longer

  • June 20, 2017
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U.S. Treasury yields traded slightly lower on Tuesday, as Boston Federal Reserve President Eric Rosengren said investors may need to get accustomed to a protracted period of low interest rates. In a speech in Amsterdam, Rosengren said lower rates may be a more permanent fixture, and that dynamic could pose financial stability risks that central

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Treasury yields slip as Fed’s Evans says rates may linger lower for longer

  • June 20, 2017
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  • realestate

U.S. Treasury yields traded slightly lower on Tuesday, as Boston Federal Reserve President Eric Rosengren said investors may need to get accustomed to a protracted period of low interest rates. In a speech in Amsterdam, Rosengren said lower rates may be a more permanent fixture, and that dynamic could pose financial stability risks that central

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Fed’s Rosengren says low interest rates do raise financial stability concerns

  • June 20, 2017
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Boston Fed President Eric Rosengren said Tuesday that low interest rates do pose financial stability concerns that central bankers and the private sector must take seriously. In a speech in Amsterdam to a conference co-sponsored by the central banks of Sweden and the Netherlands, Rosengren said lower rates may be a more permanent feature on

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