Delving Into the Disconnect Over the U.S. Economy; Mester Says No Need to Rush Fed Rate Cuts By James Christie Good day. U.S. consumers are spending briskly, the jobless rate has been below 4%.
Stocks Fall After Powell Says Caution Is Needed on Rate Cuts The S&P 500 fell 0.3% to kick off the week, and the benchmark 10-year Treasury yield climbed above 4.1%.
RBA Shifts to Neutral.
U.K. Retail Sales Slow as Consumers Continue to Struggle Retail sales growth in the U.K. slowed in January, rising 1.2%, with cost-of-living pressures entering their third year.
German.
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