News
Important Only
Cooler inflation paves way for Fed to resume rate cuts in June
Consumer inflation cooler than expected in FebruaryTariffs could rekindle price pressures, slow the economyFed to keep policy rate unchanged next weekPace of rate cuts will depend on impact of Trump's policiesBy Ann Saphir March 12 (Reuters) - Cooler inflation last month leaves the door open ...Reuters
Wed, Mar 12
Canada's Carney: We are ready to meet with Trump when there's respect for Canada's sovereignty
Mark Carney, the candidate who has been tapped to replace incumbent Prime Minister Justin Trudeau, has signalled that he and the Canadian administration responsible for cross-border discussions are ready and prepared to begin holding meetings with their US counterparts, and US President Donald Trump specifically to discuss trade matters.
Fxstreet
Wed, Mar 12
US crude stocks rise, gasoline and distillate inventories fall - EIA
March 12 (Reuters) - U.S. crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration (EIA) said on Wednesday.Crude inventories rose by 1.4 million barrels to 435.2 million barrels in the week ended March 7, the EIA said, compared with analysts&#...Reuters
Wed, Mar 12
WTO reports little change in trade barometer but warns of uncertainty
BERLIN, March 12 (Reuters) - World Trade Organization reported little change in its trade barometer at the start of the year but warned on Wednesday that trade policy uncertainty looms.The WTO Goods Trade Barometer ticked up to 102.8, nearly unchanged from the previous reading of 102.7 from December...Reuters
Wed, Mar 12
INSTANT VIEW-Tamer Feb US CPI may not budge Fed, given tariff picture
March 12 (Reuters) - U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports that are expected to raise the costs of most goods in the months ahead.The consumer price index rose 0.2% last month after...Reuters
Wed, Mar 12
Zara owner Inditex "optimistic" about U.S. despite tariffs
Inditex CEO optimistic about U.S.Americas region accounts for smaller share of sales in 2024CEO says prices will remain stable despite tariffsZara's U.S. prices increased over past yearBy Helen Reid and Corina Pons ARTEIXO, Spain, March 12 (Reuters) - Zara owner Inditex ITX.MC expects to ...Reuters
Wed, Mar 12
REFILE-INSTANT VIEW-Tamer Feb US CPI may not budge Fed, given tariff picture
March 12 (Reuters) - U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports that are expected to raise the costs of most goods in the months ahead.The consumer price index rose 0.2% last month after...Reuters
Wed, Mar 12
Fed seen resuming interest-rate cuts in June as inflation heads lower
March 12 (Reuters) - Cooler inflation could allow Federal Reserve policymakers to resume interest-rate cuts later this year, with traders betting Tuesday on three quarter-point reductions in the policy rate by the end of 2025, starting in June.Reuters
Wed, Mar 12
Brazil's annual inflation exceeds 5% ahead of rate hike
SAO PAULO, March 12 (Reuters) - Brazil's annual inflation exceeded 5% for the first time in over a year in February, remaining well above the official target ahead of a policy meeting at which the central bank is all but certain to press ahead with aggressive monetary tightening.Consumer prices ...Reuters
Wed, Mar 12
US consumer price growth slows in February
Tariffs expected to boost inflation in the coming monthsFederal Reserve seen holding interest rates steady next week WASHINGTON, March 12 (Reuters) - U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs o...Reuters
Wed, Mar 12
RPT-WRAPUP 1-Corporate gloom deepens as new Trump tariffs take effect
U.S. steel and aluminium tariffs kick in, EU retaliatesPuma blames weak sales outlook on soft U.S. and Chinese demand Porsche warns it may hike car pricesTariff flip-flops causing 'paralysis', Franklin Templeton saysJP Morgan sees 40% chance of U.S. recession this year LONDON, March 12 (R...Reuters
Wed, Mar 12
Rheinmetall expects robust 2025 sales amid Europe's defence push
Expects 25%-30% sales growth by 2025CEO cites unprecedented growth prospectsShares surge 7.6%, making it top gainer on Germany's DAXBy Miranda Murray and Matthias Inverardi BERLIN, March 12 (Reuters) - Rheinmetall RHMG.DE, a major beneficiary of Europe's big push to invest in defence, sai...Reuters
Wed, Mar 12
WRAPUP 1-Corporate gloom deepens as new Trump tariffs take effect
U.S. steel and aluminium tariffs kick in, EU retaliatesPuma blames weak sales outlook on soft U.S. and Chinese demand Porsche warns it may hike car pricesTariff flip-flops causing 'paralysis', Franklin Templeton saysJP Morgan sees 40% chance of U.S. recession this year LONDON, March 12 (R...Reuters
Wed, Mar 12
