News
Important Only
Hungary and US to agree on economic cooperation package, PM Orban says
BUDAPEST, March 8 (Reuters) - Hungary and the United States will agree on an economic cooperation package that will help the Hungarian economy and could offset the effect of possible U.S. tariffs, Prime Minister Viktor Orban said on Saturday.Orban, a long-time supporter of U.S. President Donald Trum...Reuters
Sat, Mar 8
Vietnam is willing to adjust tariffs with major trade partners, PM says
HANOI, March 8 (Reuters) - Vietnam is willing to adjust its tariffs with its major trading partners if needed, Prime Minister Pham Minh Chinh said during a cabinet meeting on Saturday. Chinh is also calling for plans to pursue more balanced trade with its major markets, according to his remarks post...Reuters
Sat, Mar 8
Ukraine gas imports seen falling on Saturday, data shows
KYIV, March 8 (Reuters) - Ukrainian gas imports from Europe will decrease by around a third to less than 10 million cubic metres on Saturday amid unusually warm weather, data provided by the operator of the state-run gas transmission system showed.Ukraine has kept gas imports low on Friday and Satur...Reuters
Sat, Mar 8
Fed should be careful, deliberate with interest rate policy, Daly says
March 7 (Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Friday called out the elevated uncertainties around the economic outlook, but said that with the economy solid and short-term borrowing costs "in a good place," the U.S. central bank does not need to make any rushe...Reuters
Sat, Mar 8
Fed should be careful, deliberate with rates, given economic uncertainties, Daly says
March 7 (Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Friday called out the elevated uncertainties around the economic outlook, and said the U.S. central bank should be careful and deliberate with monetary policy. "Economic research will tell you that uncertainty is a sou...Reuters
Sat, Mar 8
Fed Chair Powell signals possible tweaks to 'dot plot' rate-path forecasts
By Ann Saphir and Howard SchneiderMarch 7 (Reuters) - Federal Reserve Chair Jerome Powell on Friday signaled potential changes for the Fed's closely watched "dot plot" interest-rate projections as part of a broad policy framework review underway at the U.S. central bank and expected to w...Reuters
Fri, Mar 7
US Justice Department investigating high egg prices, Wall Street Journal reports
By Bo Erickson WASHINGTON, March 7 (Reuters) - The high price of eggs and whether producers have conspired to raise prices is under investigation by the U.S. Department of Justice, the Wall Street Journal reported citing people familiar with the matter. The department's probe is in its early ...Reuters
Fri, Mar 7
TREASURIES-US 10-year yields rise as Powell signals patience on rate cuts
Labor market data shows nonfarm payrolls below expectations10-year Treasury yield poised to snap five-week streak of declinesPowell signals no rush to cut rates amid tariff concernsBy Chuck Mikolajczak NEW YORK, March 7 (Reuters) - U.S. 10-year Treasury yields rose on Friday, reversing earlier de...Reuters
Fri, Mar 7
Powell says tariffs could feed inflation, Fed must wait to determine the impact
Powell says net impact of new administration's policies remains unclearHigh uncertainty among firms and households, Fed chief saysPowell says Fed does not need to hurry further rate decisionsBy Howard Schneider, Ann Saphir NEW YORK, March 7 (Reuters) - Federal Reserve Chair Jerome Powell said...Reuters
Fri, Mar 7
WRAPUP 4-Policy uncertainty tests US labor market resilience
Nonfarm payrolls increase 151,000 in FebruaryFederal government employment declines 10,000Unemployment rate rises to 4.1% from 4.0%Fast-shifting trade policy looms over labor marketBy Lucia Mutikani WASHINGTON, March 7 (Reuters) - U.S. job growth picked up in February, but cracks are emerging in ...Reuters
Fri, Mar 7
Fed's Kugler: It is possible that we'll see more persistent inflation due to policies.
Federal Reserve (Fed) Board of Governors member Adriana Kugler hit newswires with cautionary comments on Friday that whiplash trade policies could do a lot of damage, including pinning inflation at a persistently higher level.Fxstreet
Fri, Mar 7
Fed's Kugler warns on uncertainty and tariff risks to economy
March 7 (Reuters) - Federal Reserve Governor Adriana Kugler said Friday it still remains challenging getting a handle on the impact of the Trump tariff regime, in a climate where these sorts of policies could lead to higher inflation pressures. “There is still, I would say, considerable uncertainty”...Reuters
Fri, Mar 7
INSTANT VIEW-Powell says Fed marking time to see economic impact of Trump policies
March 7 (Reuters) - The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said at an economic forum in New York City on Friday.Powell spoke at a volati...Reuters
Fri, Mar 7
INSTANT VIEW-Powell says Fed marking time to see economic impact of Trump policies
March 7 (Reuters) - The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said on Friday."The new administration is in the process of implementing ...Reuters
Fri, Mar 7
India imposes 10% duty on lentil imports
MUMBAI, March 7 (Reuters) - India imposed a 10% import duty on lentils, including 5% basic customs duty and 5% Agriculture Infrastructure & Development Cess (AIDC) with immediate effect, the government said in a notification late on Friday.India is the world's biggest importer of lentils and...Reuters
Fri, Mar 7
Fed Chair Powell says the cost of being cautious on rates is low
March 7 (Reuters) - Federal Reserve Chair Jerome Powell on Friday said the cost of being cautious on monetary policy is "very very low" right now, but also said that if inflation expectations came under pressure speed those costs could rise, and while the standard monetary policy response to...Reuters
Fri, Mar 7
