"My sense was we've added accommodation and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread more
Software stocks are the place to be in tech as the sector mounts a recovery from its recent pullback, some analysts say.Trading Nationread more
Office phones, printers, building control systems and more — these may not sound like computers but they can all be hacked according to cybersecurity pros.Technologyread more
Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread more
South Korea will scrap an intelligence-sharing pact with Japan amid an intensifying dispute over history and trade, South Korea's presidential office said on Thursday.Asia Politicsread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
Former Colorado Gov. John Hickenlooper says he will challenge Republican incumbent Cory Gardner for his Senate seat.Politicsread more
U.S. government debt prices were mixed on Friday as investors digested better-than-expected housing data and kept an eye on developments in foreign markets.
Housing starts in the U.S. totaled 1.16 million in May, above a consensus estimate of 1.15 million.
The yield on the benchmark 10-year Treasury note sat higher, at 1.6139 percent, while the yield on the 30-year Treasury bond was also higher, at 2.4292 percent. Two-year note yields traded flat at 0.6968 percent. A bond's yield moves inversely to its price.
On June 2 the U.K. will go to the polls to vote on whether to stay in or leave the European Union, and some of the tension in markets could end if a Brexit vote is rejected.
On Thursday U.K. lawmaker Jo Cox died after being stabbed and shot, and campaigns on both sides of the referendum were temporarily suspended.
Investors in the U.S. also digested remarks made by St. Louis Fed President James Bullard, in which he said only one rate hike is needed through 2018.
"An older narrative that the Bank has been using since the financial crisis ended has now likely outlived its usefulness, and so it is being replaced by a new narrative. The hallmark of the new narrative is to think of medium- and longer-term macroeconomic outcomes in terms of regimes," Bullard said.