News
Important Only
US consumer spending slows in April; inflation rises moderately
WASHINGTON, May 30 (Reuters) - U.S. consumer spending increased marginally in April as a rush to beat higher prices from import duties slowed. Consumer spending, which accounts for more than two-thirds of economic activity, rose 0.2% last month after an unrevised 0.7% jump in March, the Commerce Dep...Reuters
Fri, May 30
US Trade Rep. Greer: Concerned with China's non-compliance, has to be addressed
In an interview with CNBC on Friday, United States Trade Representative (USTR) Jamieson Greer said that they are concerned with China's non-compliance and added that this situation has to be addressed, per Reuters.Fxstreet
Fri, May 30
Brazil's public sector gross debt rises to 76.2% of GDP in April, driven by interest payments
BRASILIA, May 30 (Reuters) - Brazil's public sector gross debt rose to 76.2% of gross domestic product in April from 75.9% the month before, driven mainly by interest payments, central bank data showed on Friday.The public sector recorded a primary surplus of 14.15 billion reais ($2.50 billi...Reuters
Fri, May 30
Germany annual CPI inflation holds steady at 2.1% as forecast
Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), held steady at 2.1% on a yearly basis in May, Destatis' flash estimate showed on Friday. This reading came in line with the market expectation.Fxstreet
Fri, May 30
Brazilian economy grows 1.4% as expected in first quarter
BRASILIA, May 30 (Reuters) - Brazil's economy grew 1.4% in the first quarter of 2025 from the prior three months, government statistics agency IBGE said on Friday, in line with the forecast in a Reuters poll of economists.Latin America's largest economy grew 2.9% from a year earlier, missing...Reuters
Fri, May 30
German inflation eases to 2.1% in May
BERLIN, May 30 (Reuters) - German inflation eased further in May but slowing less than forecast to 2.1%, preliminary data from the federal statistics office showed on Friday.Analysts polled by Reuters had forecast a reading of 2.0%, after a year-on-year increase in consumer prices of 2.2% in April, ...Reuters
Fri, May 30
