News
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Trump says he wants interest rate cut to 1%, would 'love' if Powell resigned
WASHINGTON, June 27 (Reuters) - U.S. President Donald Trump said on Friday he would love if Federal Reserve Chair Jerome Powell were to resign while also saying that he wanted interest rates cut to 1%."I'd love him to resign if he wanted to, he's done a lousy job," Trump said, while ...Reuters
Fri, Jun 27
TREASURIES-US yields moderately up after weak spending, soft inflation outlook data
US inflation benign, but spending surprisingly fallsUS inflation outlook in Michigan report declinesUS yield curve steepens for 3rd dayBy Gertrude Chavez-Dreyfuss NEW YORK, June 27 (Reuters) - U.S. Treasury yields were modestly higher on Friday, coming off session peaks, after data showed consume...Reuters
Fri, Jun 27
Brazil's federal public debt rises in May as interest payments outpace redemptions
BRASILIA, June 27 (Reuters) - Brazil's federal public debt rose 0.71% in May from the previous month, reaching 7.67 trillion reais ($1.40 trillion), the Treasury said on Friday, as interest payments outweighed the impact of net redemptions.Interest expenses totaled 79.9 billion reais in the mont...Reuters
Fri, Jun 27
WRAPUP 2-US consumer spending falls; tariff-related boost to inflation awaited
Consumer spending falls 0.1% in May; second decline in 2025Core PCE inflation rises 0.2%; up 2.7% on year-over-year basisIncome drops 0.4% as lift from some retroactive Social Security payments wanesBy Lucia Mutikani WASHINGTON, June 27 (Reuters) - U.S. consumer spending unexpectedly fell in May ...Reuters
Fri, Jun 27
Summertime data to pave way for Fed rate cuts, or further conflict with Trump
New data give Fed little clarity on inflationSummer inflation numbers could lead to cuts, defuse tension with TrumpClock running on a "shadow" chair's influenceBy Howard Schneider and Ann Saphir WASHINGTON, June 27 (Reuters) - An unexpected pickup in underlying inflation last month nu...Reuters
Fri, Jun 27
Putin says Russia plans to cut military spending from next year
Putin, in surprise statement, says spending cut under discussionNo agreement yet between ministriesPutin thanks Trump for peace effortsNo end in sight to Ukraine war By Gleb Bryanski, Vladimir Soldatkin MOSCOW, June 27 (Reuters) - President Vladimir Putin said on Friday that Russia was looking to...Reuters
Fri, Jun 27
Higher defence spending will weaken Europe finances without counter steps, says Scope Ratings
By Yoruk Bahceli LONDON, June 27 (Reuters) - Higher defence spending will weaken European governments' credit profiles unless they are able to cut spending elsewhere or increase their revenues, ratings agency Scope said on Friday. NATO allies agreed on Wednesday to raise their collective spen...Reuters
Fri, Jun 27
German long-term yields set for biggest weekly rise since early March
German bond yields up slightly on the dayRecent gains driven by Germany's huge investment plansTreasury yields up after economic dataBy Linda Pasquini and Stefano Rebaudo June 27 (Reuters) - German long-dated government bond yields were on track for their biggest weekly rise since early March...Reuters
Fri, Jun 27
Russia is ready to cut military spending in future, Putin says
MOSCOW, June 27 (Reuters) - President Vladimir Putin said on Friday that Russia was facing budgetary pressures due to increased defence spending, which had fuelled inflation, and was ready to scale back military expenditure in the long term.Reuters
Fri, Jun 27
CORRECTED-INSTANT VIEW-US reports benign PCE inflation in May
June 27 (Reuters) - The U.S. Commerce Department said on Friday its Personal Consumption Expenditures (PCE) Price Index gained 0.1% in May, matching the rise in April and in line with the consensus estimate in a Reuters poll of economists. In the 12 months through May, PCE inflation increased 2.3% a...Reuters
Fri, Jun 27
