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RPT-CORRECTED-Hyundai Motor plans to launch 36 new models in North America by 2030
SEOUL, March 26 (Reuters) - Hyundai Motor 005380.KS said on Thursday it is targeting annual vehicle sales of 500,000 units in China in the mid-term, and plans to launch 36 new models in the North American market by 2030. Hyundai Motor CEO Jose Munoz made the remarks during an annual shareholders'...Reuters
Thu, Mar 26
CORRECTED-Hyundai Motor plans to launch 36 new models in North America by 2030
SEOUL, March 26 (Reuters) - Hyundai Motor 005380.KS said on Thursday it is targeting annual vehicle sales of 500,000 units in China in the mid-term, and plans to launch 36 new models in the North American market by 2030. Hyundai Motor CEO Jose Munoz made the remarks during an annual shareholders'...Reuters
Thu, Mar 26
Trump's Tariffs Had Little Impact on GDP in 2025, but Raised Revenue, Academic Paper Finds
WASHINGTON, March 25 (Reuters) - U.S. President Donald Trump's barrage of tariffs last year had only a minimal impact on U.S. economic output but raised significant federal revenue and contributed to a further U.S.-China trade decoupling, a new Brookings Institution academic paper showed on WednesdaReuters
Thu, Mar 26
Brookings Institution paper charts path toward smaller Fed balance sheet
Academic charts path to reduce Fed balance sheetFed's large balance sheet offers financial stability benefitsTrump associates criticize large Fed balance sheetBy Michael S. Derby March 25 (Reuters) - If the Federal Reserve truly wants a smaller balance sheet, it can get there with regulatory ...Reuters
Thu, Mar 26
Fed's Miran Again Calls on Fed to Cut Interest Rate Target
March 25 (Reuters) - Federal Reserve Governor Stephen Miran said Wednesday monetary policy is holding the economy back right now and that’s not where central bank interest rates should be.The 3.5% to 3.75% federal funds rate now in place is about a percentage point too high and is “modestly restrictReuters
Thu, Mar 26
Inflation-Spooked Rates Markets Have Overshot: Mcgeever
ORLANDO, Florida, March 25 (Reuters) - Markets overshoot, and the dramatic surge in bets on higher interest rates in light of the Middle East energy shock is the latest case in point: the move may be logical, but its magnitude is questionable.As the dust settles on one of the busies...Reuters
Thu, Mar 26
RBA’s Kent: Middle East conflict poses inflation and economic risks
The Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent warned that if the Middle East conflict prolongs, the economic damage would be greater and policymakers would need to cap inflation amid surging energy prices.
Fxstreet
Wed, Mar 25
Weak US five-year auction points to shaky investor interest
US five-year auction bid-to-cover is lowest since September 2022Primary dealers share hits highest since May 2024Auctions falter despite re-pricing of Fed rate policyBy Gertrude Chavez-Dreyfuss NEW YORK, March 25 (Reuters) - For the second consecutive day, a U.S. Treasury sale met with lackluster...Reuters
Wed, Mar 25
Chile antitrust watchdog approves Codelco-Anglo American mining plan
SANTIAGO, March 25 (Reuters) - Chile's state copper miner Codelco said on Wednesday its joint mining plan with Anglo American AAL.L at the Andina-Los Bronces project has received a green light from the South American nation's antitrust regulator.Chile is the world's top producer of coppe...Reuters
Wed, Mar 25
France growth outlook dims on energy shock, central bank says
PARIS, March 25 (Reuters) - The war in Iran has clouded the outlook for France’s economy, with the impact depending on how long the conflict lasts and how high energy prices rise, the French central bank said on Wednesday.In its baseline scenario, which assumes the Middle East conflict is resolved q...Reuters
Wed, Mar 25
US Fed's loss narrows sharply to $19.6 billion in 2025
Fed saw narrow loss on operations in 2025Smaller interest expenses lower level of lossExperts see long path to cover losses related to pandemic era policyBy Michael S. Derby March 25 (Reuters) - The U.S. Federal Reserve reported a much narrower loss last year in an audited financial statement...Reuters
Wed, Mar 25
