News
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Japan's exports drop as US tariffs hit automobiles, pressure set to intensify
June exports down 0.5% yr/yr vs forecast rise of 0.5%Imports rise 0.2% yr/yr in JuneU.S.-bound shipments down 11.4% yr/yrBy Makiko Yamazaki TOKYO, July 17 (Reuters) - Japan's exports fell for a second straight month as sweeping U.S. tariffs took a toll on the country's manufacturers, with...Reuters
Thu, Jul 17
G20 finance chiefs to meet under tariff cloud in South Africa
Trump's tariff threats escalate global trade tensionsBessent's absence follows no-show at February G20 meetingSouth Africa hopes for communique at end of meetingBy Olivia Kumwenda-Mtambo and Kopano Gumbi DURBAN, July 17 (Reuters) - G20 finance chiefs will meet in South Africa on Thursday ...Reuters
Thu, Jul 17
Fed's Williams says tariff economic impact is only just starting
Fed's Williams says modestly restrictive monetary policy is appropriateWilliams says tariff impact only just starting for economyWilliams says inflation will rise near term due to tariffsBy Michael S. Derby NEW YORK, July 16 (Reuters) - Federal Reserve Bank of New York President John Williams...Reuters
Thu, Jul 17
US producer prices flat in June, but tariffs lift goods costs
WASHINGTON, July 16 (Reuters) - U.S. producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as communication and related equipment was offset by softening demand for travel services.Reuters
Thu, Jul 17
Fed's Williams won't comment on Trump attacks on central bank
By Michael S. Derby NEW YORK, July 16 (Reuters) - Federal Reserve Bank of New York President John Williams declined on Wednesday to comment on President Donald Trump’s attacks on the central bank and what it might mean if the president were to somehow remove the Fed’s leader from office.“I can...Reuters
Thu, Jul 17
Japan exports drop 0.5% y/y in June
TOKYO, July 17 (Reuters) - Japanese exports dropped 0.5% year-on-year in June, down for a second straight month, data from the Ministry of Finance showed on Thursday.The result compared with a 0.5% increase expected by economists in a Reuters poll.Imports grew 0.2% in June from a year earlier, versu...Reuters
Wed, Jul 16
Fed's Williams: Financial conditions are pretty supportive of growth
NEW YORK, July 16 (Reuters) - Federal Reserve Bank of New York President John Williams acknowledged on Wednesday there's a difference between what economists expect from the economy and the more optimistic outlook held by traders and investors."Financial conditions overall are pretty support...Reuters
Wed, Jul 16
Fed's Williams says tariffs upended inflation's ebbing to 2% target
By Michael S. DerbyNEW YORK, July 16 (Reuters) - Federal Reserve Bank of New York President John Williams said on Wednesday that if not for the Trump administration's trade tariffs, inflation would be moving toward the Fed's target."If we abstract right now from the tariff effect, we wou...Reuters
Wed, Jul 16
