February 25, 2025 United States: US 10-Year Yield Hits 2025 Low as Traders Boost Rate-Cut Bets   Treasuries rallied as traders boosted bets on Federal Reserve interest-rate cuts, with US President Donald Trump’s tariff plans weighing on risk appetite.   Yields on 10-year US bonds fell as much as seven basis points to 4.33%, the

February 24, 2025 United States: Fed’s Goolsbee Plays Down Jump in Inflation Expectations   Federal Reserve Bank of Chicago President Austan Goolsbee downplayed a report released last week that showed an increase in consumers’ expectations for future inflation.   The figure “wasn’t a great number,” Goolsbee said Sunday in an interview on News Nation. “But it’s only

February 21, 2025 United States: Kugler Says Fed Has ‘Some Way’ to Go to Reach 2% Inflation Goal   Federal Reserve Governor Adriana Kugler said upside risks to inflation remain, signaling support for the central bank to hold its key policy rate steady for now. Kugler said recent inflation data show price pressures persisted in January. She

February 20, 2025 United States: US Jobless Claims Tick Up Slightly, in Line With Pre-Covid Level   Applications for US unemployment benefits were little changed last week, hovering around pre-Covid levels that indicate solid demand for workers.   Initial claims increased by 5,000 to 219,000 in the week ended Feb. 15, according to Labor Department data

February 19, 2025 United States: US Housing Starts Fall in Broad Pullback After December Surge   US housing starts slowed in January as builders pulled back on single- and multifamily home construction amid growing worries over mortgage rates and unsold homes.   New residential construction decreased 9.8% to an annualized pace of 1.37 million last