News
Important Only
Atlanta Fed's Bostic now sees only one rate cut this year
WASHINGTON, March 24 (Reuters) - Atlanta Federal Reserve President Raphael Bostic said he anticipates slower progress on inflation in coming months and as a result now sees the Fed cutting its benchmark interest rate only a quarter of a percentage point by the end of this year.With less progress on ...Reuters
Mon, Mar 24
What to Watch in the Day Ahead - Tuesday, March 25
On the U.S. economic calendar, the Conference Board is expected to report its consumer confidence index likely dropped to 94 in March from 98.3 in February. In a separate report, the Commerce Department is expected to show new home sales likely rose to 679,000 units in February from 657,000 units in...Reuters
Mon, Mar 24
Atlanta Fed's Bostic says he trimmed outlook to one cut this year
WASHINGTON, March 24 (Reuters) - Atlanta Federal Reserve President Raphael Bostic said he anticipates slower progress on inflation in coming months and as a result now sees the Fed cutting its benchmark interest rate only a quarter of a percentage point by the end of this year.With less progress on ...Reuters
Mon, Mar 24
Fed's Bostic only sees one rate cut this year
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic struck a cautious chord on Monday, warning that economic uncertainty will continue to weigh on Fed decision-making as the US's self-styled trade war continues to build pressure within the economy.Fxstreet
Mon, Mar 24
Kenya seeks new IMF loan deal, says no disagreements with Fund
Finance minister denies reports of problems with IMFAbout $800 million left from current programmeBy Duncan Miriri NAIROBI, March 24 (Reuters) - Kenya has applied for a new lending programme from the International Monetary Fund that will factor in unused money from the current programme which bot...Reuters
Mon, Mar 24
Kenya missing final IMF review could delay other cash
LONDON, March 24 (Reuters) - Missed disbursements from the International Monetary Fund complicate the Kenyan government's strategy of lowering its debt-servicing costs and could delay other funding, ratings agency S&P said on Monday. Kenya and the International Monetary Fund agreed last week...Reuters
Mon, Mar 24
IMF says no talks on new Senegal programme until misreporting addressed
Audit showed debt and deficit much wider than reportedOfficial says 'too early' to know if Senegal can avoid defaultFuel subsidy cuts seen as essential part of reformsBy Robbie Corey-Boule DAKAR, March 24 (Reuters) - The International Monetary Fund said on Monday that talks on a new progr...Reuters
Mon, Mar 24
TREASURIES-Yields rise on reports of narrower Trump tariffs
By Douglas Gillison and Davide Barbuscia March 24 (Reuters) - U.S. Treasury yields started the week on the upswing on Monday as investors digested media reports that President Donald Trump could soften the hit from a tranche of tariffs expected next week, adding to gains seen on Friday.Trump had ...Reuters
Mon, Mar 24
US may exclude sector-specific tariffs on April 2, reports say, but situation fluid
Trump's tariff plans remain uncertain, official cautionsFocus on countries with largest trade surpluses, officials sayUSTR seeks public comments on reciprocal tariffs for major trade partnersApril 2 tariffs may target 'Dirty 15' countries, Bessent says March 24 (Reuters) - U.S. Presid...Reuters
Mon, Mar 24
UK services firms provide relief to Reeves before tough budget update
UK's dominant services sector sees uptick in March, survey showsManufacturing PMI sinks to 18-month lowFirms bracing for rises in employers' tax, minimum wageBy Andy Bruce LONDON, March 24 (Reuters) - Businesses in Britain's huge services sector reported a pickup this month, according...Reuters
Mon, Mar 24
US business activity rises in March, but sentiment deteriorates further
Business activity picks up in March amid warmer weatherManufacturing inputs price measure near two-year highEmployment at businesses lackluster as caution reignsBy Lucia Mutikani WASHINGTON, March 24 (Reuters) - U.S. business activity picked up in March, but growing fears over import tariffs and ...Reuters
Mon, Mar 24
Merz's spending splurge risks blowback among German conservatives
Traditionally thrifty voters unnerved by easing of spending capConcern about impact on future pension and welfare entitlementsPolls indicating voters drifting from CDU/CSU to far-right AfDBroader public support for higher defence spending over Russia threat By Maria Martinez BERLIN, March 24 (Reu...Reuters
Mon, Mar 24
