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Fed should 'lean against' persistent tariff-driven inflation, Musalem says
April 11 (Reuters) - St. Louis Federal Reserve President Alberto Musalem said on Friday he's closely watching whether a rise in short-term inflation expectations seeps into longer-term expectations, a development that could make fighting inflation a much harder job and reduce the U.S. central ba...Reuters
Fri, Apr 11
TREASURIES-10-year yields head for biggest weekly increase since 2001
10-year yields face largest weekly increases since 2001Thirty-year yields heading for biggest weekly gain since 1982Traders remain cautious after volatile week By Karen Brettell April 11 (Reuters) - Benchmark 10-year Treasury yields rose on Friday and were on track for their biggest weekly increa...Reuters
Fri, Apr 11
EU pledges unity on trade challenges, notes US tariffs harder on own economy than on EU
EU sees smaller impact of tariffs on itself than on USUS tariffs could reduce EU GDP by up to 0.6% by 2027EU ready to retaliate if trade negotiations failBy Jan Strupczewski and Karol Badohal WARSAW, April 11 (Reuters) - With higher U.S. tariffs postponed by 90 days, European Union finance minist...Reuters
Fri, Apr 11
Brazil economic activity beats forecasts in February, defies slowdown expectations
BRASILIA, April 11 (Reuters) - Brazil's economic activity rose more than expected in February, central bank data showed on Friday, despite expectations for a slowdown during one of the world's most aggressive monetary tightening cycles to tame inflation.The IBC-Br index, a key gauge of gross...Reuters
Fri, Apr 11
Trade war could cut German GDP more than 1%, economic institute says
BERLIN, April 11 (Reuters) - A trade conflict based on blanket 25% tariffs could cut economic growth in Germany by more than 1 percentage point, according to calculations from an economic institute. That duty would reduce gross domestic product by 1.2% one year after coming into effect, according to...Reuters
Fri, Apr 11
US monthly producer prices decline in March
WASHINGTON, April 11 (Reuters) - U.S. monthly producer prices unexpectedly fell in March amid a sharp decline in the cost of energy products, but tariffs on imports are expected to drive inflation higher in the coming months.The producer price index for final demand dropped 0.4% last month after an ...Reuters
Fri, Apr 11
US annual PPI inflation softens to 2.7% in March vs. 3.3% expected
The Producer Price Index (PPI) for final demand in the US rose 2.7% on a yearly basis in March, the data published by the US Bureau of Labor Statistics showed on Friday. This reading followed the 3.2% increase recorded in February and came in below the market expectation of 3.3%.Fxstreet
Fri, Apr 11
Kashkari: Fed should intervene only reluctantly, still need to finish job on inflation
WASHINGTON, April 11 (Reuters) - The Federal Reserve should intervene in markets only reluctantly and in a true emergency, Minneapolis Fed President Neel Kashkari said on Friday. He added that the central bank could only smooth over disruptions, not change where Treasury yields and the economy set...Reuters
Fri, Apr 11
Morgan Stanley CFO Sharon Yeshaya Says Bank Sees No Sign Of Market Dysfunction In Recent Volatility
April 11 (Reuters) - Morgan Stanley MS.N:MORGAN STANLEY CFO SHARON YESHAYA SAYS BANK SEES NO SIGN OF MARKET DYSFUNCTION IN RECENT VOLATILITYMORGAN STANLEY CFO YESHAYA SAYS THERE WAS DELEVERAGING RELATED TO EQUITY TRADING, BUT CLIENTS CONTINUE TO BE ACTIVE AND ENGAGEDMORGAN STANLEY CFO SAYS VOLATILIT...Reuters
Fri, Apr 11
Kashkari: Dollar falling adds to case investor preferences shifting from US
WASHINGTON, April 11 (Reuters) - The fact that the dollar has been depreciating adds to the case that global investor preferences may be shifting away from the U.S., Minneapolis Fed President Neel Kashkari said on Friday."There is a lot of complexity...The dollar has been weakening...Normally I ...Reuters
Fri, Apr 11
German Birkenstocks, beer, and Riesling wine caught in US tariff crosshairs
Trump's tariffs set to inflate prices of German importsU.S. is Germany's biggest trading partnerTariffs risk prolonging Germany's economic recessionBy Maria Martinez and Helen Reid BERLIN, April 11 (Reuters) - In the Barbie movie, the iconic doll faces a pivotal decision: opt for her ...Reuters
Fri, Apr 11
Brazil's IBC-Br economic activity up 0.4% in February
BRASILIA, April 11 (Reuters) - Brazil's economic activity grew by a seasonally adjusted 0.4% in February from the previous month, a central bank index showed on Friday, while economists polled by Reuters were expecting a 0.15% rise.Reuters
Fri, Apr 11
