Edition:
United States

Richard Leong

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

May 23 2018

U.S. mortgage industry wary of transition from LIBOR

NEW YORK U.S. mortgage bankers are concerned about the coming phaseout of a global interest rate benchmark because, they said at a conference, the transition will entail costs and administrative burdens and the replacement rate is not an ideal substitute.

May 23 2018

U.S. home refinancing falls to lowest since 2000: MBA

NEW YORK U.S. applications on mortgages to refinance an existing home fell to their lowest level in 17-1/2 years as some 30-year borrowing costs climbed to their highest levels in over seven years, the Mortgage Bankers Association said Wednesday.

May 15 2018

Fed's Kaplan sees U.S. inflation rising but not 'running away'

NEW YORK U.S. inflation is rising toward the Federal Reserve's 2 percent goal while not accelerating enough to suggest the economy is overheating, Dallas Federal Reserve President Robert Kaplan said on Tuesday.

May 15 2018

Fed's Bullard says cryptocurrencies only adding to tangled market

NEW YORK The growth of bitcoin and other digital currencies is working against the need for the creation of a market-based currency-trading system that offers consistent pricing, James Bullard, the head of the St. Louis Federal Reserve Bank, said on Monday.

May 14 2018

Key U.S. funding cost falls with Treasury cash pile

NEW YORK After months of rapid increases that set off alarm bells in global markets, a key measure of U.S. borrowing costs fell by the most in nearly eight years over the last week as the U.S. Treasury dialed back its hefty short-term paper issuance.

May 11 2018

Dollar little changed on week, Swedish crown extends rally

NEW YORK The dollar fell for a third day on Friday against a basket of currencies as traders booked gains on its recent run-up spurred by the widening interest rate gaps in favor of the United States and signs of cooling growth in the rest of the world.

May 10 2018

CPI miss keeps dollar below 2018 peak, sterling falls

NEW YORK The U.S. dollar fell on Thursday against a basket of currencies, holding below its 2018 peak, as a smaller-than-expected rise in consumer prices caused traders to pare positions betting that inflation is accelerating, which could push the Federal Reserve to hike interest rates faster.

May 09 2018

Dollar dips from 2018 high; seen as temporary pause

NEW YORK The dollar fell on Wednesday from its strongest levels in 2018 against a basket of currencies due to mild profit-taking, but is expected to resume its rise on solid U.S. economic growth and more interest rate increases anticipated from the Federal Reserve.

May 08 2018

Dollar hits 2018 highs; U.S. exit from Iran deal caps gain

NEW YORK The U.S. dollar rose to its highest level this year against a basket of currencies on Tuesday due to worries about political turmoil in Italy before paring some gains on a U.S. decision to withdraw from the international nuclear deal with Iran.

May 07 2018

Female chefs get big serving of U.S. top food awards

Gabrielle Hamilton, who runs Prune, a small American bistro in New York, and numerous other female chefs collected top honors on Monday from the James Beard Foundation, the biggest awards for the U.S. restaurant industry.

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