News
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Brazil central bank says high uncertainty prevents guidance beyond next meeting
By Marcela Ayres BRASILIA, March 25 (Reuters) - Brazil's central bank said on Tuesday that, given heightened uncertainty, it chose to signal the direction of only its next move, emphasizing that, due to monetary policy lags, it was appropriate to indicate a smaller interest rate hike.In the m...Reuters
Tue, Mar 25
Fed's Kugler: Uptick in goods inflation 'unhelpful'
March 25 (Reuters) - Federal Reserve interest rate policy remains restrictive and well-positioned, Fed Governor Adriana Kugler said on Tuesday, but progress on bringing inflation back to the central bank's 2% target has slowed since last summer and the uptick in goods inflation seen in the lates...Reuters
Tue, Mar 25
EXCLUSIVE-India eyes tariff cut on more than half of US imports to shield its exports, sources say
India open to cut tariffs on 55% of US importsIt estimates hit to $66 billion of exports from Trump's tariffsIndia sees tariff hike of 6% to 10% for key US exports Offer of tariff cuts hinges on relief from Trump's tariffsBy Sarita Chaganti Singh, Aftab Ahmed and Manoj Kumar NEW DELHI, Ma...Reuters
Tue, Mar 25
Euro zone bond yields rise as tariff optimism offers respite to risky assets
By Yadarisa Shabong March 25 (Reuters) - Euro zone bond yields rose on Tuesday as traders piled into risky assets on signs of flexibility in the next round of U.S. tariffs and stronger-than-expected U.S. data, while improved business morale in Germany also helped.European bond markets took some c...Reuters
Tue, Mar 25
Brazil central bank says high uncertainty prevents guidance beyond next meeting
BRASILIA, March 25 (Reuters) - Brazil's central bank said on Tuesday that given heightened uncertainty, it chose to signal only the direction of its next move, emphasizing that due to monetary policy lags, it was appropriate to indicate a smaller interest rate hike.In the minutes of its March 18...Reuters
Tue, Mar 25
Tesla's sales and market share in Europe drop again in February
Tesla's market share falls to 1.8%, down from 2.8% last year Tesla sold fewer than 17,000 cars in Europe in February, versus over 28,000 in February 2024Elon Musk's political controversies may have impacted Tesla's European salesOverall BEV sales in Europe rise despite Tesla's declin...Reuters
Tue, Mar 25
Austria central bank cuts 2025 growth forecast on energy price, tariff concerns
By Rachel More BERLIN, March 25 (Reuters) - Austrian gross domestic product is expected to contract by 0.1% in 2025, the central bank said on Tuesday, cutting its forecast from 0.8% in December, as the economy faces a budget deficit, high energy prices and the threat of U.S. tariffs."The Aust...Reuters
Tue, Mar 25
FACTBOX-Foreign companies and their tax tussles with India
March 25 (Reuters) - Foreign companies have often struggled in India due to high tax demands related levies payable on big M&A transactions or government accusations of duty evasion on imports, at times leading to prolonged litigation. Here are some of the key current and past tax disputes invol...Reuters
Tue, Mar 25
German business sentiment rises in March, Ifo survey finds
German business morale rose to 86.7 in MarchEconomic recovery expected with fiscal packageFiscal euphoria outweighs US tariffs concernsBy Maria Martinez BERLIN, March 25 (Reuters) - German business morale rose in March, a survey showed on Tuesday, as companies expect a recovery after two years of...Reuters
Tue, Mar 25
EXPLAINER-Stagflation on the radar for the US economy, but no repeat of the '70s
Stagflation risks appear higher in response to Trump tariff policiesUnlikely to fully repeat the high inflation and joblessness of the 1970sFed official: 'Nothing more uncomfortable' than a stagflationary environmentBy Howard Schneider WASHINGTON, March 25 (Reuters) - Recent economic proj...Reuters
Tue, Mar 25
US bond investors weigh 'convexity' risk in recent Treasury yield decline
Convexity buying started as yields hit lowest since October, analysts sayMortgage players shift hedges to balance portfolios amid rate changesConvexity hedging tightens spread between 10-year swap and Treasury yieldBy Gertrude Chavez-DreyfussNEW YORK, March 25 (Reuters) - The recent drop in U.S. yie...Reuters
Tue, Mar 25
