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TREASURIES-US yields slump on China tariff reaction; jobs report blunts impact
China's tariffs escalate trade war, send US Treasury yields lowerUS jobs report exceeds expectationsFed rate cut expectations rise on recession fears, tariffs impactBy Chuck Mikolajczak NEW YORK, April 4 (Reuters) - U.S. Treasury yields dropped on Friday after China countered against U.S. Pre...Reuters
Fri, Apr 4
TREASURIES-US yields drop on China tariff response; job report eases concern
China's tariffs escalate trade war, send US Treasury yields lowerUS jobs report exceeds expectationsFed rate cut expectations rise on recession fears, tariffs impactBy Chuck Mikolajczak NEW YORK, April 4 (Reuters) - U.S. Treasury yields dropped on Friday after China retaliated against U.S. Pr...Reuters
Fri, Apr 4
Trump, Vietnam's Lam agree to discuss tariffs deal, to meet soon
Vietnam's Lam pledges to remove duties, asks US to do the sameLeaders agree to meet soon in Vietnam, Lam saysVietnam seeks to dodge 46% tariffs on its exports to USTrump says call with Lam was 'very productive'By Khanh Vu and Francesco Guarascio HANOI, April 4 (Reuters) - U.S. Preside...Reuters
Fri, Apr 4
WRAPUP 4-US labor market healthy on the eve of Trump's sweeping tariffs
Nonfarm payrolls increase 228,000 in MarchJanuary and February payrolls tally revised down by 48,000Returning supermarket strikers boost retail payrollsUnemployment rate rises to 4.2% from 4.1%Average hourly earnings gain 0.3%; up 3.8% year-on-yearBy Lucia Mutikani WASHINGTON, April 4 (Reuters) -...Reuters
Fri, Apr 4
Fed's Powell notes uncertainty pushing firms to the sidelines
By Michael S. DerbyApril 4 (Reuters) - Federal Reserve Chairman Jerome Powell said Friday uncertainty over the economy and government policy is pushing businesses to the sidelines. “People are just, they just are kind of waiting for clarity,” and “I can’t tell you when that will pass, but you know, ...Reuters
Fri, Apr 4
Fed's Powell says he'll serve for full chairman term
By Michael S. DerbyApril 4 (Reuters) - Federal Reserve Chair Jerome Powell reiterated Friday that he will not leave the central bank's leadership early."I fully intend to serve all of my... term,” Powell told a conference of journalists, citing the end of his chairmanship in 2026.Reuters
Fri, Apr 4
Bank of Italy cuts Italian growth outlook after US tariffs
ROME, April 4 (Reuters) - The Italian economy will grow by 0.5% this year, far below the government's official 1.2% estimate, the country's central bank said on Friday, cutting a 0.7% forecast it made in December and warning of the impact of U.S. trade tariffs.The central bank forecast that ...Reuters
Fri, Apr 4
Fed's Powell says job and inflation goals are not yet in tension
By Michael S. DerbyNEW YORK, April 4 (Reuters) - Federal Reserve Chair Jerome Powell said Friday he does not see a conflict between the central bank’s mandates on jobs and inflation right now, and said if trouble did arise it would be tough for monetary policy. Tension between getting inflation down...Reuters
Fri, Apr 4
Fed's Powell: Private-sector forecasters see greater recession risk
By Michael S. DerbyApril 4 (Reuters) - Federal Reserve Chairman Jerome Powell said Friday the U.S. central bank doesn’t have a prediction of a downturn in its outlook but he recognized private-sector forecasters are shifting on that front. “We don't make a probability forecast of how likely it i...Reuters
Fri, Apr 4
TEXT -Fed's Powell speaks to journalists' conference in Virginia
WASHINGTON, April 4 (Reuters) - Federal Reserve Chair Jerome Powell delivered remarks on Friday to a business journalists' conference in Arlington, Virginia. Here is a link to his prepared remarks:https://www.federalreserve.gov/newsevents/speech/files/powell20250404a.pdfReuters
Fri, Apr 4
Traders boost bets Fed to wait until June to start rate cuts
April 4 (Reuters) - Traders added to bets the Federal Reserve will wait until June to commence interest-rate cuts, as Fed Chair Jerome Powell said it's becoming clear that U.S. President Donald Trump's bigger-than-expected tariffs are likely to trigger both higher inflation and slower growth...Reuters
Fri, Apr 4
Breaking: Fed Chairman Powell says Trump tariffs risk higher inflation, slower growth
Federal Reserve (Fed) Chairman Jerome Powell said on Friday that US President Donald Trump's tariffs are bigger than expected, and they risk higher inflation and slower growth, while delivering his prepared speech at the annual conference for the Society for Advancing Business Editing and Writing onFxstreet
Fri, Apr 4
Baffled Lesotho seeks to engage with US on jeans tariffs
Tariff on Lesotho products highest of Trump's leviesExports to US include textiles for Levi's and Calvin KleinLesotho says will seek other markets while engaging with USBy Marafaele Mohloboli MASERU, April 4 (Reuters) - Lesotho scrambled to put together a delegation on Friday to head to W...Reuters
Fri, Apr 4
ANALYSIS-Nowhere to hide: Trump tariffs leave trading partners cornered
Trade partners lack options, prefer negotiation over retaliationChina open to talks, India and Vietnam prioritise negotiationsEU considers retaliation, seeks new trade alliancesBy Ellen Zhang, Maria Martinez, Promit Mukherjee BEIJING/BERLIN/OTTAWA, April 4 (Reuters) - U.S. trading partners have f...Reuters
Fri, Apr 4
Canada loses jobs in March for first time since 2022 on tariff uncertainty
Canada's employment number falls by 32,600 in MarchJobless rate up to 6.7% from 6.6% in the prior monthAverage hourly wage growth of permanent workers up 3.5%By Promit Mukherjee OTTAWA, April 4 (Reuters) - Canada's total employment fell and the unemployment rate ticked up in March, da...Reuters
Fri, Apr 4
