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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
Trump's auto tariffs complicate Fed's deliberations on rates
Tariffs could have conflicting impacts on US economyTraders continue to bet on three Fed rate cuts this yearInflation data expected Friday, jobs data a week from FridayBy Ann Saphir March 27 (Reuters) - President Donald Trump's permanent 25% tariff on imported autos has expanded the globa...Reuters
Thu, Mar 27
Mexican Peso tanks to 2-week low as Trump’s auto tariffs roil markets,
The Mexican Peso is feeling the pain of tariffs, depreciating for the second consecutive day against the US Dollar after US President Donald Trump signed an executive order to apply tariffs on auto imports from all countries.
Fxstreet
Thu, Mar 27
Argentina's Milei signals 'no room' for FX devaluation
BUENOS AIRES, March 27 (Reuters) - Argentina's libertarian President Javier Milei said on Thursday that there was "no room" for a sharp devaluation of the local peso, addressing investor fears about a potential weakening of the currency that has driven a renewed flight to dollars.The cou...Reuters
Thu, Mar 27
Euro zone bond yields dip as Trump slaps new tariffs on autos
By Harry Robertson LONDON, March 27 (Reuters) - Shorter-dated euro zone bond yields dipped on Thursday after U.S. President Donald Trump announced a 25% tariff on imported vehicles, a move that could dent the currency bloc's economy given Germany's focus on car-making.Germany's 2-year...Reuters
Thu, Mar 27
QUOTES-Trump's 25% car tariff ignites international criticism
March 27 (Reuters) - U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he kicked off upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie produc...Reuters
Thu, Mar 27
IMF assessing Trump's tariff plans, does not see US recession
By David Lawder WASHINGTON, March 27 (Reuters) - The International Monetary Fund is continuing to assess the impact of President Donald Trump's tariff plans, including his new 25% auto tariffs, but the global lender's baseline forecasts do not envision a U.S. recession, IMF spokesperson J...Reuters
Thu, Mar 27
Car-carrying ships send added cargo to US ahead of looming tariffs
By Victoria Waldersee BERLIN, March 27 (Reuters) - Car-carrying ships have sent more cargo from Europe and China, Japan and Korea to the United States in the first months of the year than last year, shipping data showed, in a sign of companies front-loading shipments ahead of looming tariffs.A to...Reuters
Thu, Mar 27
IMF assessing Trump tariff plans but does not see US recession
WASHINGTON, March 27 (Reuters) - The International Monetary Fund is continuing to assess the impact of President Donald Trump's tariff plans, including his new 25% autos tariffs, but the IMF's baseline forecasts do not envision a U.S. recession, IMF spokesperson Julie Kozack said on Thursday...Reuters
Thu, Mar 27
TREASURIES-Long-term yields rise to highest levels in over a month after auto tariffs
By Davide Barbuscia NEW YORK, March 27 (Reuters) - U.S. Treasury long-term yields rose to their highest levels in over a month on Thursday as investors weighed the inflationary impact of President Donald Trump's latest tariff moves alongside fresh data showing continued economic resilience. ...Reuters
Thu, Mar 27
Ryanair CEO says rise in 2025 fares won't offset 2024 drop
BRUSSELS, March 27 (Reuters) - Ryanair RYA.I expects ticket prices to rise by 4-6% this year, only partially recovering from the 8% decline last year, group CEO Michael O'Leary told Reuters on Thursday. "We're operating on the basis this year that pricing will rise by between four and si...Reuters
Thu, Mar 27
ANALYSIS-Trump auto tariffs take aim at a pillar of Asian economies - and national pride
Tariffs could severely impact Japan and South Korea's auto industriesSouth Korean Industry Minister promises measures to minimize tariff impactJapanese PM considers all options to address U.S. tariff announcementBy Hyunjoo Jin and Kantaro Komiya SEOUL/TOKYO, March 27 (Reuters) - For Japan an...Reuters
Thu, Mar 27
US pending home sales rebound in February
WASHINGTON, March 27 (Reuters) - Contracts to buy U.S. previously owned homes rebounded marginally in February amid a decline in mortgage rates but rising economic uncertainty could limit momentum.The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on sig...Reuters
Thu, Mar 27
