The dollar held its ground on Wednesday as geopolitical risks kept markets on edge and investors awaited minutes from the Federal Reserve for signals on future rate cuts.
* BOJ should keep raising rates so they reach neutral in 2027. * IMF warns against near-term, further fiscal loosening. * Consumption tax cut would erode capacity to respond to shocks. * BOJ must intervene if volatility reduces bond market liquidity. By Leika Kihara.
The International Monetary Fund urged Japan to keep raising interest rates and avoid loosening fiscal policy further, warning that trimming the consumption tax would erode its capacity to respond to future economic shocks.
The International Monetary Fund urged Japan to keep raising interest rates and avoid loosening fiscal policy further, warning that trimming the consumption tax would erode its capacity to respond to future economic shocks.
* BOJ should keep raising rates so they reach neutral in 2027. * IMF warns against near-term, further fiscal loosening. * Consumption tax cut would erode capacity to respond to shocks. * BOJ must intervene if volatility reduces bond market liquidity. By Leika Kihara.
Camden Property Trust (CPT) today announced it has priced a $600 million offering of senior unsecured notes under its existing shelf registration. BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, U.S. Bancorp Investments, Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC are Joint Book-Running Managers.
Federal Reserve Bank of San Francisco President Mary Daly on Tuesday said that what had been ?widespread uncertainty last year about ?the strength of demand has given way to cautious ?optimism among the business leaders she talks ?with.
Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index increasing 0.7% and the State Street Financial Select Sector SPDR ETF adding 1%. The Philadelphia Housing Index was falling 1.6%, and the State Street Real Estate Select Sector SPDR ETF was up 1%. Bitcoin was declining 1.1% to $67,710, and the yield for 10-year US Treasuries was slightly higher at 4...
* RBNZ expected to hold rates at 2.25%, all eyes on OCR track. * Breman faces balancing act as inflation pops outside of band. * Economic recovery still fragile, job market weak. By Stella Qiu.
Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index increasing 0.8% and the State Street Financial Select Sector SPDR ETF adding 1.1%. The Philadelphia Housing Index was falling 1.5%, and the State Street Real Estate Select Sector SPDR ETF was up 1%. Bitcoin was declining 1.5% to $67,856, and the yield for 10-year US Treasuries was slightly lower at ...
San Francisco Federal Reserve President Mary Daly on Tuesday ?said the U.S. ?central bank still needs to ?get inflation down, and ?that while artificial intelligence ?potentially ?helps in that regard, the ?Fed's modestly or ?slightly restrictive policy is also important to ?making that ?happen.
* * Traders expect Fed rate cuts amid improving inflation data. * Geopolitical risks include US-Iran nuclear talks. By Karen Brettell. U.S. Treasury yields rose from multi-month lows on Tuesday as traders evaluated likely Federal Reserve policy, with no other major catalysts to drive market ?direction.
"This matter involves unregistered municipal advisory activity by Ford Research and its president, founder, owner, and sole employee Ford," the SEC's order said.
Laurentian Bank of Canada (LRCDF) announced Tuesday afternoon that it has completed the previously announced sale of its syndicated loans portfolio to National Bank of Canada.
The Federal Reserve must dig deep into the data to assess whether artificial intelligence is boosting productivity growth and enabling faster economic growth without igniting inflation that would require it to tap the brakes with tighter policy, San ?Francisco Fed President Mary Daly said on Tuesday.
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index increasing 0.7% and the State Street Financial Select Sector SPDR ETF adding 1.3%. The Philadelphia Housing Index was falling 1.8%, and the State Street Real Estate Select Sector SPDR ETF was up 0.6%. Bitcoin was declining 2.1% to $67,416, and the yield for 10-year US Treasuries was steady at 4.06%. In e...
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index increasing 0.5% and the State Street Financial Select Sector SPDR ETF adding 0.8%. The Philadelphia Housing Index was falling 1.8%, and the State Street Real Estate Select Sector SPDR ETF was up 0.6%. Bitcoin was declining 2.1% to $67,416, and the yield for 10-year US Treasuries was steady at 4.06%. In c...
The recent drop in unauthorized immigration to the United States has slowed employment growth, particularly in construction and manufacturing, and those trends are likely to continue, new research ?from the San Francisco Federal Reserve published on ?Tuesday shows.
The recent drop in unauthorized immigration to the United States has slowed employment growth, particularly in construction and manufacturing, and those trends are likely to continue, new ?research from the San Francisco Federal Reserve ?published on Tuesday shows.
LAS VEGAS, Feb. 17, 2026 The International Economic Development Council? announces that the Las Vegas Global Economic Alliance? has once again been recognized as one of 94 economic development organizations accredited by IEDC as an Accredited Economic Development Organization?. Originally accredited in January 2018, the organization was reaccredited by IEDC following six successful years of act...
US equity indexes were mixed with government bond yields, while gold dropped with crude oil after midday Tuesday. The Nasdaq Composite fell 0.3% to 22,486.1, the S&P 500 slipped 0.1% to 6,829.2, while the Dow Jones Industrial Average was little changed at 49,475.5. Energy, consumer staples, materials, and communication services led the decliners intraday.
Federal Reserve Governor Michael Barr said on Tuesday that another central bank interest rate cut could come somewhere well down the road amid ongoing risks to the U.S. inflation outlook.
Foundation Communities? Juniper Creek to Provide Housing and Support Services. Foundation Communities celebrated the grand opening of Juniper Creek, a new 110-unit family supportive housing development, made possible in part by a $1.75 million Affordable Housing Program grant from the Federal Home Loan Bank of Dallas awarded in 2025 through member Wells Fargo.
The Canadian provincial 2026 budget season kicks off on Tuesday on the West Coast with British Columbia, said Scotiabank. Ongoing economic uncertainty and modest growth suggest continued pressures on provincial budgets, especially for those governments that have not delivered on planned expenditure restraint and/or are impacted by lower oil prices, wrote the bank in a note to clients.
The Reserve Rank of New Zealand will hold its first policy meeting of 2026 this week, said MUFG. The RBNZ is scheduled to release its policy statement at 8 p.m. ET on Tuesday. The central bank is widely expected to leave the OCR on hold, having delivered what was signaled to be the final rate cut of the easing cycle in November, stated MUFG.
The Toronto Stock Exchange is down 260 points at midday, with commodities posting the biggest losses. Miners is down 3.4%, followed by energy, down 1.3%. The biggest gainers are industrials, and utilities, up 1.2% and 0.7%, respectively. StatsCan reported CPI rose 2.3% y/y in January, edging down from a 2.4% rise in December.
* Canadian dollar falls 0.2% against the greenback. * Touches its weakest since February 6 at 1.3692. * Inflation slows to 2.3% in January. * 10-year yield hits a 2-1/2-month low. By Fergal Smith.
Core measures of Canada's January's consumer price index inflation were soft again last month, said Scotiabank after Tuesday's CPI data. Markets reacted by driving a slight decline in Canadian government bond yields, including about a 2bps drop in the 2s yield, and a mild depreciation of the Canadian dollar of about a quarter of a cent to the US dollar, noted the bank.
Canadian inflation data started the year on a positive note with annual inflation at 2.3%, while economists had generally expected 2.4%, said National Bank after Tuesday's release of the January Consumer Price Index.
BNY Mellon Investment Adviser, Inc. announced changes to the portfolio management teams for BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM), BNY Mellon Strategic Municipals, Inc. (LEO) and BNY Mellon Municipal Bond Infrastructure Fund, Inc.. Each Fund is sub-advised by Insight North America LLC, an affiliate of BNY Mellon Investment Adviser, Inc. Effective February 17, 2026, Daniel Rabasco will no lon...
The tick lower in Canada's headline consumer price index year-over-year rate to 2.3% in January from 2.4% in December was despite tax-related distortions that biased the measure higher with after-tax prices this year measured against tax-exempt prices a year ago during the temporary 2024/2025 GST/HST tax holiday, said RBC.
* German Bund yield drops as bonds rally globally. * US Treasury yield falls after soft inflation data and AI worries. * Analysts suggest bond rally may be nearing its limit.
The U.S. Federal Reserve could approve "several more" interest rate cuts this year if inflation resumes a decline to the central bank's 2% target, Chicago Fed President Austan Goolsbee said on Tuesday, downplaying a recent weak consumer price report as masking strong service price increases.
CED Calls for a Fiscal Commission to Address Debt Crisis NEW YORK, Feb. 17, 2026 With the US national debt now exceeding $38 trillion and projected to rise sharply in the coming decades, the nation faces a mounting fiscal crisis that threatens economic growth, retirement security, and the nation's global leadership.
Canadian consumer prices stuck the landing below expectations in January, holding steady from the prior month, or up a modest 0.1% month over month in seasonally adjusted terms, said Bank of Montreal after Tuesday's CPI data. That was mild enough to shave the annual inflation rate by a tick to 2.3%, keeping it just below the United States pace of 2.4%, noted the bank.
* * Traders expect Fed rate cuts amid improving inflation data. * Geopolitical risks include US-Iran nuclear talks. By Karen Brettell. U.S. Treasury yields were mixed on Tuesday, after two-year yields earlier reached a four-month low on weaker ?British economic data, as traders continued to evaluate the likely ?path of Federal Reserve policy.
U.S. homebuilder sentiment deteriorated in February, weighed down by persistently high land and construction costs as well as still-elevated house prices relative to incomes that are keeping prospective buyers on the ?sidelines, a survey showed on Tuesday.
Senior executives from 23 leading shipping companies will participate on panels and presentations at the ?20th Annual Capital Link International Shipping Forum? on Monday, March 9, 2026, at the Metropolitan Club in New York City. The event is organized in cooperation with NASDAQ & NYSE.
Canadian headline consumer price index inflation cooled a tick in January to 2.3% year over year, or one-tenth lower than consensus expectations, said TD after Tuesday's CPI data. Even so, inflation was boosted by comparison with lower prices during the federal government's temporary sales tax holiday from mid-December 2024 to mid-February 2025, noted the bank.
Canadian central bankers have been "too concerned about upside risks to inflation", Desjardins reiterated Tuesday, after the release of related data for January. "It's clear now that the Governing Council should be squarely focused on supporting the economy. Mendes noted market participants are now pricing in almost a 40% chance of a rate cut by mid-year.
In looking at the rest of the week ahead, now that the key focus, the latest inflation data, is already out today, National Bank noted the Canadian December retail sales report will be closely watched on Friday. Judging by earlier auto sales data, which showed an increase during the month, spending at car dealerships is likely to have had a positive impact on the headline figure, the bank said.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Log In Required
Publication Date