News Results

Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC MULTIFAMILY ANNOUNCES LAUNCH OF INTEGRATED CONVENTIONAL SMALL PRODUCT FOR LOANS UNDER $10 MILLION. * FREDDIE MAC - CONVENTIONAL SMALL LOAN APPLICATIONS EFFECTIVE IMMEDIATELY; TWO-WEEK TRANSITION FOR PRIOR PROGRAM Source text: Further company coverage:

The approach currently adopted by Brazil's central bank of operating with caution amid rising uncertainties, which includes the U.S.-Israeli war on Iran, has paid off, Nilton David, the bank's monetary policy director, said on Wednesday.

The European Central Bank is in a "relatively favorable" position on monetary policy after having successfully brought down inflation to 2% before the war in the Middle East started, ECB board member Isabel Schnabel said on Wednesday.

Fitch: * FITCH REVISES DOMINICAN REPUBLIC'S OUTLOOK TO STABLE; AFFIRMS IDR AT 'BB-' * FITCH: DOMINICAN REPUBLIC OUTLOOK REVISION REFLECTS GROWING HEADWINDS TO GROWTH, INFLATION, PUBLIC FINANCES & EXTERNAL ACCOUNTS FROM HIGHER OIL PRICES Source text: Further company coverage: [ ]

The S&P 500 and the Nasdaq both logged record closing highs on Wednesday as investors assessed developments in the U.S.-Iran conflict and turned their focus to corporate earnings. Here are a few articles I recommend to help you make sense of what happened in markets today. 1. U.S. President Donald Trump said the war on Iran was nearing its conclusion amid a diplomatic push to continue peace talks.

Most Federal Reserve districts saw growth in economic activity since early March despite hostilities in the Middle East, the US central bank said in its latest Beige Book released Wednesday.

Brazil's government on Wednesday proposed a primary surplus target of 0.5% of gross domestic product for 2027 in its budget guidelines bill, confirming a figure previously signaled.

"Some of it is related to the headlines that we're seeing right now, particularly when we think about yields and what we've seen over the last couple of days," said Tim Iltz, fixed-income credit and market analyst at HJ Sims.

Freddie Mac Multifamily today announced the availability of an integrated, streamlined Conventional Small lending product under its core Conventional lending platform. Loans under $10 million play a critical role in the affordable housing ecosystem, especially for workforce housing.

The approach currently adopted by Brazil's central bank of operating with cautiousness amid rising uncertainties, which includes the U.S.-Israeli war on Iran, has paid off, Nilton David, the bank's monetary policy director, said on Wednesday.

Financial stocks were mixed in late Wednesday afternoon trading, with the NYSE Financial Index shedding 0.1% and the State Street Financial Select Sector SPDR ETF adding 0.9%. The Philadelphia Housing Index was falling 2%, and the State Street Real Estate Select Sector SPDR ETF was decreasing 0.1%. Bitcoin was rising 1.5% to $75,233, and the yield for 10-year US Treasuries increased 2.5 basis p...

Financial stocks were mixed in late Wednesday afternoon trading, with the NYSE Financial Index shedding 0.1% and the State Street Financial Select Sector SPDR ETF adding 0.9%. The Philadelphia Housing Index was falling 2%, and the State Street Real Estate Select Sector SPDR ETF was decreasing 0.1%. Bitcoin was rising 1.5% to $75,233, and the yield for 10-year US Treasuries increased 2.5 basis p...

* US-Iran talks could resume soon, officials say. * Adding duration to bond portfolio makes sense, analyst says. * Oil flows will not normalize anytime soon, analyst says. * US 2/10 yield curve bear steepens. By Gertrude Chavez-Dreyfuss.

The Bank of Japan can see through inflationary pressures from the war in the Middle East as any second-round effects on broader prices will be limited, Rahul Anand, the International Monetary Fund's mission chief for Japan, told Reuters on Wednesday.

* IMF's mission chief for Japan sees limited second-round effect on prices from Iran war. * Inflation to converge toward BOJ target by end of 2027, Rahul Anand says. * No big pass-through on inflation from weak yen was seen in 2025, he says. * Anand says weak yen absorbed tariff shock, levels must be set by markets. By Leika Kihara.

Brazilian meatpacker Minerva has raised $600 million with the issuance of dollar-denominated bonds that expire in 10 years, IFR reported on Wednesday. * The issuance of the senior unsecured notes was priced at a 7.50% coupon and a 7.625% yield, IFR said. * Minerva will use the proceeds from the sale to repay existing debt, according to IFR.

With customization, asset managers and advisors can better align portfolios with clients' needs.

High oil prices are likely to keep underlying inflation nearly a percentage point above the Federal Reserve's 2% target for the rest of this year, with the U.S. central bank likely needing to leave interest rates unchanged, St. Louis Fed President Alberto Musalem said on Wednesday.

Morgan Stanley (MS) plans to raise $10 billion in one of the largest bond sales by a Wall Street bank, following its Q1 results, Bloomberg reported Wednesday, citing a person familiar with the matter. The bank's four-part offering has maturities ranging from 4 to 11 years, the report said. Proceeds will be used for general corporate purposes, according to the report.

US economic activity was up in most of the Federal Reserve Districts since the last Beige Book report, but there was weakness in some regions and energy price gains were widespread, the Federal Reserve's most recent update released Wednesday showed.

U.S. businesses and households still adjusting to the Trump administration's tariff policies also are reeling from a surge in energy prices due to the Iran war, a Federal Reserve report showed on Wednesday, even as it noted that economic activity in most of the country increased in recent weeks and employment was steady.

* Fed's 'Beige Book' cites war as major source of business uncertainty. * Business outlooks varied, report says. * Price growth seen as 'moderate,' but input cost pressures broaden beyond energy. By Ann Saphir.

U.S. Treasury Secretary Scott Bessent on Wednesday said he was optimistic that Kevin Warsh, President Donald Trump's nominee for Federal Reserve Chair, would assume the post on time. "He is going to have a hearing on the 21st of this month. "I am very optimistic that Kevin Warsh will be the Chair of the Fed on time," he said.

Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index up 0.4% and the State Street Financial Select Sector SPDR ETF adding 0.9%. The Philadelphia Housing Index was falling 2.1%, and the State Street Real Estate Select Sector SPDR ETF was decreasing 0.2%. Bitcoin was shedding 0.2% to $74,031, and the yield for 10-year US Treasuries was rising 2.7 basis poi...

U.S. Treasury Secretary Scott Bessent on Wednesday told reporters he was optimistic that Kevin Warsh, President Donald Trump's nominee for Federal Reserve Chair, would assume the post "on time".

Thailand has not yet decided whether it will increase its internal ceiling on a key debt ratio, Finance Minister Ekniti Nitithanprapas said on Wednesday. Nitithanprapas, who is also the deputy prime minister, said the 70% for public debt-to-GDP was an internal ceiling.

Finance ministers from almost a dozen countries led by Britain called on the U.S., Israel and Iran to implement their ceasefire in full on Wednesday and said the conflict would weigh on the global economy and markets even if it was resolved soon.

Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index up 0.4% and the State Street Financial Select Sector SPDR ETF adding 0.9%. The Philadelphia Housing Index was falling 2.1%, and the State Street Real Estate Select Sector SPDR ETF was decreasing 0.2%. Bitcoin was shedding 0.2% to $74,031, and the yield for 10-year US Treasuries was rising 2.7 basis poi...

The college's closure is the "tip of the higher ed iceberg," said a bond buyer.

The Bank of Canada delivered a dovish hold at its March policy meeting, said Morgan Stanley. The January Monetary Policy Report laid out a range of scenarios for the CUSMA trade deal renegotiation, framing it as the key risk for the Canadian economy going forward.

* ECB policymakers await concrete evidence before considering rate hike, sources say. * Labour markets remain soft, limiting wage pressures. * Some policymakers warn delayed action could raise credibility questions. By Balazs Koranyi.

The International Monetary Fund's latest World Economic Outlook arrives in a period when a rapidly changing geopolitical backdrop makes economic and fiscal projecting, already difficult in the most 'normal' of times, even more challenging, said National Bank of Canada.

* Oil flows will not normalize anytime soon, analyst says. * US 2/10 yield curve bear steepens. * US-Iran talks could resume soon, officials say. By Gertrude Chavez-Dreyfuss.

The global economy is about to feel the full economic impact of the Iran war, Qatar's finance minister said on Wednesday, but headded that his country's finances would be able to ride out the problems for at least a year.

President Donald Trump said he would fire Federal Reserve Chair Jerome Powell if he does not resign after his term as head of the central bank ends in May. Trump made a similar threat against Fed Gov. Lisa Cook before attempting to fire her last August.

* ECB supervisors gathering information about Mythos, source says. * Mythos seen as major cybersecurity threat by experts, prompting global regulatory concern. * Trump acknowledges AI risks to banking system. * British government warns businesses about cyberattack threats. By Francesco Canepa.

Two Southern California school districts received upgrades from Moody's on Tuesday. Another district was affirmed.

The state is scheduled to sell $355 million in general obligation bonds Thursday.

Regulatory News: NFL BIOSCIENCES, a biopharmaceutical company developing innovative botanical drugs for the treatment of addictions, today announces the extension of its cash runway until the third quarter of 2027 through new financing.

Higher oil prices could lead to a rise in consumer inflation expectations, Chicago Federal Reserve Bank President ?Austan Goolsbee told the Financial Times in an interview published on Wednesday, adding that the US central bank faces a double danger from the Iran war and Donald Trump's tariffs.