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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

17 Jul 2018

U.S. credit market fires warning about recession

NEW YORK A reliable bond market indicator may be waving the flag that a U.S. recession is coming, market watchers said, and it is not the flattening yield curve.

13 Jul 2018

Dollar fades from two-week high tied to trade fears

NEW YORK The dollar dipped against a basket of currencies on Friday, fading from a two-week peak which was tied to news of a record Chinese trade surplus that may fuel U.S.-China trade tensions and that briefly spurred safe-haven bids for the greenback.

05 Jul 2018

U.S. yield curve stays historically flat after Fed minutes

NEW YORK U.S. shorter-dated Treasury yields increased slightly on Thursday following the Federal Reserve's release of the minutes from its latest policy meeting, where it hinted at the probability of raising short-term interest rates twice more in 2018.

02 Jul 2018

Study backs pay rise for New York City's Uber, Lyft drivers

NEW YORK New York City's cash-strapped Uber and Lyft drivers have been campaigning for bigger paychecks, and their effort got a boost on Monday from a study two economists conducted for the city's Taxi and Limousine Commission.

02 Jul 2018

Trade worries hold U.S. yield curve near flattest since 2007

NEW YORK The U.S. yield curve held near its flattest level in over a decade on Monday as investors preferred longer-dated U.S. government debt over short-dated issues on worries that a global trade war would slow inflation and business activity worldwide.

02 Jul 2018

NYC taxi commission study backs pay rise for NYC Uber, Lyft drivers

NEW YORK, July 2 New York City's cash-strapped Uber and Lyft drivers have been campaigning for bigger paychecks, and their effort got a boost on Monday from a study two economists conducted for the city's Taxi and Limousine Commission.

01 Jul 2018

U.S. dollar share of global currency reserves fall further - IMF

The U.S. dollar's share of currency reserves reported to the International Monetary Fund fell in first quarter of 2018 to a fresh four-year low, while euro, yuan and sterling's shares of reserves increased, according to the latest data from the International Monetary Fund.

27 Jun 2018

Market rate rise may thwart Fed's balance sheet plan

NEW YORK The rise of a key U.S. overnight interest rate has raised speculation that higher bank borrowing costs will force the Federal Reserve to stop shrinking its balance sheet sooner than planned.

22 Jun 2018

Fed may adjust tool on bank reserves again: TD

NEW YORK The U.S. Federal Reserve may consider tweaking again a tool to control the level of excess bank reserves if a key overnight borrowing cost rises further from current levels, TD Securities strategists said on Friday.

22 Jun 2018

Euro gains on growth data, Italian assurances to stay put

NEW YORK The euro climbed on Friday as traders were encouraged by improved regional economic growth data and new assurances by Italian politicians that their nation would not leave the single currency.

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