Reuters

By Ann Saphir

NEW ORLEANS, Louisiana (Reuters) - Dallas Federal Reserve President Lorie Logan on Friday said it's not clear if monetary policy is tight enough to bring inflation down to the U.S. central bank's 2% goal, and it is too soon to be cutting interest rates.

There are still good reasons that inflation will return to the Fed's 2% goal in the coming years, Logan told the Louisiana Bankers Association's annual conference. "There are... (continue reading...)

WASHINGTON (Reuters) - U.S. consumer sentiment sagged to a six-month low in May amid growing anxiety about inflation, unemployment and interest rates, a survey showed on Friday.

The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 67.4 this month, compared to a final reading of 77.2 in April. Economists polled by Reuters had forecast a preliminary reading of 76.0.

"While consumers had been... (continue reading...)

(Reuters) - U.S. equity funds registered their first weekly inflow in six weeks in the seven days to May 8 thanks to a softer than anticipated payrolls report that revived hopes that the Federal Reserve would trim interest rates this year.

Investors acquired a net $1.14 billion worth of U.S. equity funds during the week, marking their first weekly net purchase since March 27, data from LSEG showed.

Last week, Labor Department data showed... (continue reading...)

(Reuters) - Police dismantled encampments and arrested dozens of pro-Palestinian protesters at the Massachusetts Institute of Technology and the University of Pennsylvania on Friday morning, in the latest crackdowns on protests roiling U.S. campuses.

Philadelphia officers in riot gear pushed reporters away from the encampment at the University of Pennsylvania before tearing down tents and tossing the belongings of protesters in a trash truck, the... (continue reading...)

KYIV (Reuters) - Kyiv expects to receive its first F-16 fighter jets from its Western allies in June-July, a high-ranking Ukrainian military source said on Friday.

Ukraine has sought U.S.-made F-16 fighter jets to help it counter Russia's air superiority for more than two years of war. The source did not say which country would supply the jets.

So far, Denmark, the Netherlands, Norway and Belgium have committed to sending F-16s to... (continue reading...)