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Euro zone bond yields steady as markets digest inflation data
LONDON, July 16 (Reuters) - Euro zone government bond yields held steady on Wednesday, as markets pour over U.S. inflation figures released Tuesday that suggested tariffs are pushing up prices and sent U.S. Treasury yields to their highest in more than a month.The June CPI data out of the U.S. on Tu...Reuters
Wed, Jul 16
ECB’s Nagel: Politics with a steady hand required on monetary policy amid tariff turmoil
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said in a Handelsblatt interview published late Tuesday, “’politics with a steady hand’ is currently required to deal with the uncertainty unleashed by US President Donald Trump's latest tariff threat”
Fxstreet
Wed, Jul 16
PRESS DIGEST-British Business - July 16
July 16 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- British Chancellor Rachel Reeves criticised over-cautious regulators for stifling businesses, unveiling reforms t...Reuters
Wed, Jul 16
The Australian Dollar rises on renewed optimism, US PPI data awaited
The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday, halting its three-day losing streak. The AUD/USD pair appreciates as the US Dollar edges lower amid renewed optimism, driven by US President Donald Trump's willingness to further engage in trade discussions.
Fxstreet
Wed, Jul 16
Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation
US had nearly $18 billion trade gap with Indonesia last yearTrump says tariff letters to smaller countries coming soonEuropean Commission targets $84 billion worth of US importsEU seeking deal but preparing retaliation, trade chief saysBy David Lawder and Philip Blenkinsop WASHINGTON/BRUSSELS, JuReuters
Wed, Jul 16
Fed's Logan sees holding rates steady a while longer
Fed to track data into the fall to judge tariffs' effect on inflationLogan says she'd like to see low inflation continue longer to be convincedTariff increases may create additional inflationary pressure, Logan saysLogan sees favorable environment for demand to remain resilientBy Ann Saphir ...Reuters
Wed, Jul 16
Fed's Logan: will take until autumn to see tariffs' inflation effect
July 15 (Reuters) - Dallas Federal Reserve Bank President Lorie Logan said on Tuesday she expects it will take until the fall to understand the effect of tariffs on inflation, in part because companies are waiting until they know what the level of tariffs will be before they pass the extra costs ont...Reuters
Wed, Jul 16
Small but rising Japanese opposition party warns against near-term BOJ rate hike
BOJ should hold off raising rates until economy stronger - Sanseito party headCalls for caution highlight challenge in BOJ's rate hike pathSanseito says no plan to join ruling coalition post-electionBy Takaya Yamaguchi and Leika Kihara TOKYO, July 16 (Reuters) - The Bank of Japan should hold ...Reuters
Wed, Jul 16
Fed's inflation fears start to be realized with June CPI increase
WASHINGTON, July 15 (Reuters) - Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in what economists see as evidence of the Trump administration's increasing import taxes passing through to consumers.Reuters
Wed, Jul 16
Fed's Logan says her base case calls for holding rates steady a while longer
Logan says she'd like to see low inflation continue longer to be convincedTariff increases may create additional inflationary pressure, Logan saysLogan sees favorable environment for demand to remain resilientBy Ann Saphir July 15 (Reuters) - The U.S. central bank will probably need to leave ...Reuters
Tue, Jul 15
US President Donald Trump says will release letter soon on smaller countries
US President Donald Trump said late Tuesday that letters notifying smaller countries of their US tariff rates would go out soon, per Reuters. Trump further stated that his administration would likely set a tariff of "a little over 10%" for those countries.Fxstreet
Tue, Jul 15
US Pres. Trump: Bessent is an option to replace Fed chair but I like the job he's doing at Treasury
US President Donald Trump said late Tuesday that Scott Bessent is an option to replace the Federal Reserve (Fed) Chair, but he likes the job that Bessent is doing as US Treasury Secretary, per Reuters.Fxstreet
Tue, Jul 15
