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UK finance minister restores 9.9 billion pound fiscal buffer
LONDON, March 26 (Reuters) - British finance minister Rachel Reeves said on Wednesday that she had rebuilt a 9.9 billion pound ($12.8 billion) fiscal buffer that was wiped out by weaker economic forecasts and rising borrowing costs since her first full budget last year.The public finances have beenReuters
Wed, Mar 26
UK finance minister says welfare cuts will save 3.4 billion pounds
LONDON, March 26 (Reuters) - British finance minister Rachel Reeves said on Wednesday the Office for Budget Responsibility estimated the government's welfare cuts would save 3.4 billion pounds ($4.4 billion).Earlier this month, Liz Kendall, work and pensions minister, said the government planned...Reuters
Wed, Mar 26
German government opposes boycott of US products
BERLIN, March 26 (Reuters) - Germany's government rejected on Wednesday calls for a boycott of U.S. goods despite disagreements over tariffs, saying Europe's biggest economy wanted to foster good trade relations. European Union officials are trying to ease tensions with the United S...Reuters
Wed, Mar 26
UK finance minister restores 9.9 billion pound fiscal buffer
LONDON, March 26 (Reuters) - British finance minister Rachel Reeves said on Wednesday that she had rebuilt a 9.9 billion pound ($12.8 billion) fiscal buffer that was wiped out by weaker economic forecasts and rising borrowing costs since her first full budget last year.The public finances have been ...Reuters
Wed, Mar 26
US core capital goods orders unexpectedly drop in February
WASHINGTON, March 26 (Reuters) - New orders for key U.S.-manufactured capital goods unexpectedly fell in February and could remain sluggish as economic uncertainty rises because of tariffs, discouraging businesses from boosting spending on equipment.Non-defense capital goods orders excluding aircraf...Reuters
Wed, Mar 26
US Durable Goods Orders rise 0.9% in February vs. -1% expected
Durable Goods Orders in the US rose by 0.9%, or $2.7 billion, in February to $289.3 billion, the US Census Bureau reported on Wednesday. This reading followed a 3.3% increase (revised from 3.1%) reported in January and came in better than the market expectation for a decrease of 1%.Fxstreet
Wed, Mar 26
Euro zone bond yields muted, UK spring budget update in focus
By Yadarisa Shabong March 26 (Reuters) - Euro zone government bond yields were little changed on Wednesday as markets were kept in check by caution about looming U.S. tariffs next week and their potential impact on economic growth. The spotlight, however, was on Britain ahead of what is expect...Reuters
Wed, Mar 26
Indian exports soften on global tariff uncertainties, government says
NEW DELHI, March 26 (Reuters) - India's export growth has softened in the current fiscal year due to global tariff-related developments that have raised trade risks and affected investments and trade flows, the government said in its February economic report on Wednesday.Uncertainties around tra...Reuters
Wed, Mar 26
Trump's policies harm U.S. economy, French central banker says
PARIS, March 26 (Reuters) - The Trump administration is unsettling the multilateral economic system, harming the U.S. economy in the process and to a lesser extent Europe as well, the head of France's central bank said on Wednesday."Through his decisions and reversals, Mr. Trump destabilizes...Reuters
Wed, Mar 26
CORRECTED-Trump's policies harm U.S. economy, French central banker says
PARIS, March 26 (Reuters) - The Trump administration is destabilising the multilateral economic system, harming the U.S. economy in the process and to a lesser extent Europe as well, the head of France's central bank said on Wednesday.Reuters
Wed, Mar 26
ECB’s Villeroy: Increase in US tariffs in Q2 to have limited impact on European inflation
European Central Bank (ECB) policymaker and Bank of France head Francois Villeroy de Galhau said on Wednesday that a 25 percentage point increase in the US tariffs in the second quarter could have limited impact on European inflation but added that they could still reduce the Eurozone Gross DomestiFxstreet
Wed, Mar 26
Brazil holds off big tech tax amid Trump tariff talks, say sources
By Marcela Ayres and Bernardo Caram BRASILIA, March 26 (Reuters) - The Brazilian government has shelved a proposal to tax big tech firms, due in part to concerns that the move could be seen as a response to U.S. President Donald Trump's tariff threats, two officials with knowledge of the matt...Reuters
Wed, Mar 26
BoJ’s Koeda: We are seeing signs of progress on rising prices alongside wage hikes
The Bank of Japan (BoJ) new board member Junko Koeda said on Wednesday, “we are seeing signs of progress on rising prices alongside wage hikes.” Additional quotes Various indicators show underlying inflation moving towards 2% inflation sustainably.
Fxstreet
Wed, Mar 26
