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Fed's Collins says it is clear tariffs will drive inflation up near term
March 27 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up U.S. inflation but it is unclear how persistent that upward pressure will be.Reuters
Fri, Mar 28
Barkin: Auto firms likely to face tough choices on pricing, margins
LEXINGTON, Virginia, March 27 (Reuters) - Richmond Federal Reserve President Tom Barkin said he did not expect consumers to face the full brunt of the 25% tax the Trump administration has set on imported cars, but added firms will have difficult choices ahead on pricing and profit margins."My in...Reuters
Thu, Mar 27
Fed's Collins: It's inevitable tariffs will increase inflation in the near term
Federal Reserve (Fed) Bank of Boston President Susan Collins noted on Thursday that the Fed's challenge at this point is having to choose between maintaining a tight policy stance, or trying to run ahead of data that might be souring in the future.Fxstreet
Thu, Mar 27
Fed's Barkin: Fed waiting for uncertainty to clear before acting
Federal Reserve (Fed) Bank of Richmond President Thomas Barkin hit newswires on Thursday, warning that incoming economic uncertainty at the hands of the Trump administration's lopsided trade policy will force the Fed into a wait-and-see approach than most investors are hoping for.Fxstreet
Thu, Mar 27
Fed's Barkin: Extensive uncertainty could hit demand, policy in good place awaiting more clarity
By Howard Schneider LEXINGTON, Virginia, March 27 (Reuters) - The Federal Reserve's current "moderately restrictive" monetary policy is right for an environment with an abnormal amount of uncertainty and fast changes taking place in U.S. government policy, Richmond Fed President Tom B...Reuters
Thu, Mar 27
Bank of Mexico cuts interest rate as trade war stokes recession fears
By Brendan O'Boyle MEXICO CITY, March 27 (Reuters) - The Bank of Mexico delivered a unanimous 50-basis-point interest rate cut to 9.00% on Thursday, highlighting progress on inflation but warning of heightened uncertainty relating to trade tensions and a weakening economy. The move, w...Reuters
Thu, Mar 27
TREASURIES-Long-term yields soar after auto tariffs, curve steepens
Data shows US economic resilience despite tariff uncertaintyLong-term Treasury yields highest in over a month2/10 yield curve bear-steepensSeven-year Treasury auction softBy Davide Barbuscia NEW YORK, March 27 (Reuters) - U.S. Treasury long-term yields rose to their highest levels in over a month...Reuters
Thu, Mar 27
Forex Today: US PCE takes centre stage, UK GDP gathers attention in Europe
The Greenback faced the resurgence of the selling pressure, receding from the area of three-week highs amid mixed developments in US yields, steady tariff fears and expectation ahead of the release of US PCE on Friday.
Fxstreet
Thu, Mar 27
CBO sees US deficits rising over 30 years, economic growth slowing
Long-term budget and economic report sees worsening trendTrump tariffs, tax cuts, gov't firings, immigration clampdown not factored into outlookU.S. public debt would rise to 156% of GDP in 2055By Richard Cowan WASHINGTON, March 27 (Reuters) - The U.S. Congressional Budget Office on Thursday ...Reuters
Thu, Mar 27
Attack on Guyana or Exxon would be 'bad day' for Venezuela, Rubio warns
By Humeyra Pamuk and Kemol King GEORGETOWN, Guyana, March 27 (Reuters) - U.S. Secretary of State warned Venezuela on Thursday that it would be "a very bad day" for the South American country if it were to attack its neighbor Guyana or U.S.-based energy giant ExxonMobil XOM.N, in comments ...Reuters
Thu, Mar 27
