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DoubleLine’s Gundlach sees ‘some rebellion’ from Fed hawks
May 12, 2016 by publisher · Leave a Comment
Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Thursday that the Federal Reserve will be challenged to raise interest rates this year. Fed officials seem to be in disagreement about the timing and number of rate hikes in 2016, Gundlach, who oversees $95 billion at Los Angeles-based DoubleLine, said on an investor webcast. There's “some (hawkish) rebellion showing up at the Fed,” Gundlach said.
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DoubleLine’s Gundlach sees ‘some rebellion’ from Fed hawks
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Hedge fund managers give stock picks in Vegas at SALT conference
May 12, 2016 by elegant · Leave a Comment
Hedge fund managers on Thursday named some of their recent investments, including a bet that shares of American Airlines Group would fall and shares of both Chinese Internet company Tencent and chipmaker Xilinx would rise, in addresses at one of the industry's most prominent conferences. John Lykouretzos, who runs $2.8 billion Hoplite Capital Management Lp, disclosed his negative case against American Airlines, which helped push the stock down as much as 4.7
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Hedge fund managers give stock picks in Vegas at SALT conference
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U.S. jobless claims hit 14-month high; analysts blame Verizon strike
May 12, 2016 by elegant · Leave a Comment
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rose last week to a more than one-year high, but economists blamed striking telecommunications workers for the surge and said the data did not signal a deterioration in the overall labor market…
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U.S. jobless claims hit 14-month high; analysts blame Verizon strike
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U.S. Fed awards $23.24 billion in reverse repos
May 9, 2016 by admin · Leave a Comment
The Federal Reserve on Monday awarded $23.24 billion of one-day, fixed-rate reverse repurchase agreements to 17 bidders at an interest rate of 0.25 percent, the New York Fed said on its website. The reverse repurchase agreement
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U.S. Fed awards $23.24 billion in reverse repos
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U.S. workforce growth may give Fed one more reason to go slow on rates
April 26, 2016 by publisher · Leave a Comment
By Jason Lange RALEIGH, N.C. (Reuters) – Americans with a high school education or less are returning to the labor force in larger numbers, a trend that points to a broadening of economic growth, but could also keep wage growth subdued and stay the Federal Reserve's hand in its hiking cycle. The Federal Reserve meets this week and is expected
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U.S. workforce growth may give Fed one more reason to go slow on rates
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Fed seen holding rates this week with hike still on horizon
April 24, 2016 by admin · Leave a Comment
By Jonathan Spicer and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) – U.S. Federal Reserve policymakers are expected to hold interest rates steady when they meet this week, but may tweak their description of the economic outlook to reflect more benign conditions, leaving the path open for future rate rises. The Fed raised its policy interest rate last December for the first time in a decade when market volatility finally subsided in the wake of a scare over China's economy. Similarly early …
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Fed seen holding rates this week with hike still on horizon
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Fed’s Williams eyes two 2016 rate hikes: Fox Business Network
April 8, 2016 by creative · Leave a Comment
San Francisco Fed President John Williams said Thursday that at least two interest-rate hikes this year is the “right course” so long as the U.S. economy continues to grow, businesses add jobs, and inflation picks up as he expects. “If the …
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Fed’s Williams eyes two 2016 rate hikes: Fox Business Network
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Strong U.S. jobs report unlikely to sway cautious Fed
April 1, 2016 by admin · Leave a Comment
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased solidly in March and wages rebounded, underscoring the economy's resilience, but the Federal Reserve is expected to remain cautious in raising interest rates this year due to slowing global growth. Nonfarm payrolls increased 215,000 last month, the Labor Department
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Strong U.S. jobs report unlikely to sway cautious Fed
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Bank of England warns on Brexit risks, tightens buy-to-let lending rules
March 29, 2016 by creative · Leave a Comment
The Bank of England said on Tuesday that risks around Britain's referendum on the European Union could push up borrowing costs and weaken sterling, and tightened rules for mortgage lending to landlords. The central bank said the outlook for financial stability had worsened since its last quarterly report in November, and also moved ahead with plans to require some banks to hold extra capital as lending growth started to pick up. “The outlook for financial stability in the United…
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Bank of England warns on Brexit risks, tightens buy-to-let lending rules
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Fed’s Williams urges U.S. central bank to stay on track with rate rises
March 29, 2016 by creative · Leave a Comment
“Others' economic fates do not spell our own,” Williams said in prepared remarks before an audience at the National University of Singapore. The U.S. central bank left interest rates unchanged two weeks ago and signaled its cautiousness by forecasting two further rate hikes this year, down from four at its December meeting, when the Fed raised rates from near zero for the first time in almost a decade.
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Fed’s Williams urges U.S. central bank to stay on track with rate rises