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Ireland faces disproportionate hit from tit-for-tat Trump tariffs, study says
By Padraic Halpin DUBLIN, March 21 (Reuters) - Ireland's domestic economy could be up to 1.8% smaller than it otherwise would be by 2032 if permanent 'tit-for-tat' tariffs are introduced between the United States and European Union, a study co-authored by the finance ministry showed o...Reuters
Fri, Mar 21
Fed's Williams says no rush to change monetary policy right now
By Michael S. Derby March 21 (Reuters) - New York Federal Reserve President John Williams said on Friday it's still too soon to determine the impact of the Trump administration's tariffs on inflation, while adding that there are rising risks to the economic outlook and the central bank ha...Reuters
Fri, Mar 21
Russia holds key rate at 21% despite Putin request not to chill the economy
Central bank's decision in line with expectationsDecision followed Putin request not to freeze the economy Regulator softens rhetoric, warns on budget targetsBusinesses are urging a rate cut to help investmentsRouble rally helps to fight inflationBy Elena Fabrichnaya and Gleb Bryanski MOSCOW,...Reuters
Fri, Mar 21
Fed's Waller says no need to slow balance sheet drawdown at this time
March 21 (Reuters) - Federal Reserve Governor Christopher Waller on Friday said he opposed the U.S. central bank's decision this week to slow the pace of reduction of its securities holdings because the level of reserves in the banking system remains abundant."Reducing the Federal Reserve...Reuters
Fri, Mar 21
TREASURIES-Yields dip, remain in range as investors weigh tariff impact
US 10-year yield lower, but holds in tight rangeFed's Williams says policy in right place for nowFed's Goolsbee says uncertain if tariffs will lead to persistent inflationBy Karen Brettell NEW YORK, March 21 (Reuters) - The U.S. benchmark 10-year Treasury yield dipped on Friday but held i...Reuters
Fri, Mar 21
Canada's January retail sales shrink by 0.6%, February sales likely to fall 0.4%
By Promit MukherjeeOTTAWA, March 21 (Reuters) - Canada's retail sales shrank faster than anticipated in January as car purchases and supermarket and grocery sales all fell, data showed on Friday.Sales dropped 0.6% on a monthly basis to C$69.4 billion ($48.31 billion), after rising by an upwardl...Reuters
Fri, Mar 21
Fed's Waller says reserves still abundant, no need to slow pace of balance sheet drawdown
March 21 (Reuters) - Federal Reserve Governor Christopher Waller on Friday said he opposed the decision at this week's U.S. central bank meeting to slow the pace of reduction of its securities holdings because the level of reserves in the banking system remains abundant."Reducing the Federal...Reuters
Fri, Mar 21
Russia has no reliable data showing foreign inflows, central bank says
MOSCOW, March 21 (Reuters) - Russia has no reliable data showing the extent to which foreign investors are interested in Russian assets, Central Bank Governor Elvira Nabiullina said on Friday, acknowledging that high rates were an enticing draw for non-residents. The central bank held its key intere...Reuters
Fri, Mar 21
Fed's Goolsbee says open question if tariffs will lead to persistent inflation
WASHINGTON, March 21 (Reuters) - It remains an open question for the U.S. Federal Reserve whether the Trump administration's tariff plans will lead to persistent inflation, with taxes on intermediate goods, retaliation by other nations, and other factors feeding into whether the central bank will haReuters
Fri, Mar 21
Fed's Williams says monetary policy in right place amid notable uncertainty
Williams says 'modestly restrictive' policy is currently appropriateHe says uncertainty over outlook is high right nowWilliams says inflation expectations haven't become unmoored By Michael S. Derby March 21 (Reuters) - New York Federal Reserve President John Williams said on Friday t...Reuters
Fri, Mar 21
