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FACTBOX-Major brokerages see slower pace of Fed rate cuts despite Trump tariff uncertainty
March 21 (Reuters) - Major brokerages maintained their predictions for a slower pace of interest-rate cuts by the U.S. Federal Reserve after the central bank kept its benchmark interest rate unchanged on Wednesday.The Fed left its benchmark overnight interest rate in the 4.25%-4.50% range, with Chai...Reuters
Fri, Mar 21
Trump trade upheaval leaves foreign central banks guessing
WASHINGTON/LONDON, March 20 (Reuters) - Slowing economic growth mixed with a bout of renewed inflation risks moving the U.S. from global overachiever to a drag on the rest of the world as foreign central banks and others confront the spillovers from President Donald Trump's fast-moving effort to rewReuters
Fri, Mar 21
JGB yields edge up as strong inflation data raises BOJ's rate hike bets
TOKYO, March 21 (Reuters) - Japanese government bond (JGB) yields edged up on Friday, as stronger-than-expected domestic inflation data raised bets for the Bank of Japan's interest rate hikes.The 10-year JGB yield JP10YTN=JBTC rose 0.5 basis point (bp) to 1.520% and the five-year yield JP5YTN...
Reuters
Fri, Mar 21
Japan's core inflation hits 3% in February, keeps alive BOJ rate-hike bets
TOKYO, March 21 (Reuters) - Japan's core inflation hit 3.0% in February and an index stripping away the effect of fuel rose at the fastest pace in nearly a year, a sign of broadening price pressure that reinforces market expectations of further interest rate hikes.Reuters
Fri, Mar 21
China's restaurants race to the bottom in deflation-hit economy
Record 3 million China restaurants went out of business in 2024February fall in consumer inflation fastest since January 2024Restaurants in price war as consumers skimp on dining outBy Laurie Chen, Tingshu Wang and Xiaoyu Yin BEIJING, March 21 (Reuters) - In a dilapidated warehouse on the outskir...Reuters
Fri, Mar 21
Ireland faces disproportionate hit from tit-for-tat Trump tariffs, study says
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 on Friday.Describing t...Reuters
Fri, Mar 21
