06:15 AM EDT, 05/09/2024 (MT Newswires) -- The US dollar rose against most major counterparts in early European trade on Thursday as some prominent Asian currencies came under further pressure and traders looked ahead to a potentially dovish policy update from the Bank of England. US dollar pairs rose widely with the Japanese yen and Korean won leading declines in...

NEW YORK (Reuters) - The official responsible for implementing Federal Reserve monetary policy said in a speech on Wednesday that the recent announcement to slow the pace of contracting the central bank balance sheet reduces the prospect of market stress, in remarks that also laid out metrics for measuring when liquidity might be becoming too scarce. The Fed's announcement a...

(Reuters) - Staff trust in the Federal Deposit Insurance Corporation's leadership has fallen sharply to well below government averages, with a growing number of workers considering leaving the agency, the latest FDIC staff survey data obtained by Reuters shows. In 2023, 38% of FDIC staff were considering leaving within the next 12 months, more than double that of 2020, compared...

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased more than expected last week as the labor market steadily eases. Initial claims for state unemployment benefits increased 22,000 to a seasonally adjusted 231,000 for the week ended May 4, the Labor Department said on Thursday. Economists polled by Reuters had forecast 215,000 claims in the...