News
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Fed's Williams: We're beginning to factor in tariff impact on prices.
Federal Reserve (Fed) Bank of New York President John Williams spoke at the Bloomberg Invest Forum in New York on Tuesday, highlighting that although inflation pressures have eased and the US labor market appears strong, the Fedd will have to take a close look at fallout from the US' tariff actions.Fxstreet
Tue, Mar 4
Fed's Williams: Tariffs may push up inflation, rate policy in good place
NEW YORK, March 4 (Reuters) - Federal Reserve Bank of New York President John Williams said on Tuesday that Trump administration tariffs will have some impact on driving up price pressures but there is still a lot of uncertainty how this will all play out. “I do factor in some effects” from tariffs ...Reuters
Tue, Mar 4
German expert commission to propose debt brake modernization to boost investment
BERLIN, March 4 (Reuters) - German parties in talks to form a government want to modernize the country's debt rules to enable more investment in the long run, in addition to creating a special fund to provide an immediate boost, according to a paper obtained by Reuters. Germany's conservativ...Reuters
Tue, Mar 4
US President Donald Trump vows to increase reciprocal tariffs on Canada
United States (US) President Donald Trump has hit the ground running on his latest tariffs, vowing to impose additional "reciprocal tariffs" on Canada in response to Canada's retaliatory trade actions against Trump's 25% tariff on all Canadian goods crossing the border into the US.Fxstreet
Tue, Mar 4
Ukraine's international bonds rise on negotiation bets
By Karin Strohecker LONDON, March 4 (Reuters) - Ukraine's international bonds staged a sharp turnaround on Tuesday, with most firmly up in price after an initial selloff as the United States paused military aid to the European nation on its war against Russia.The 2034 bond enjoyed the biggest...Reuters
Tue, Mar 4
FACTBOX-US agricultural exports/imports threatened by Trump trade actions
By Karl Plume CHICAGO, March 4 (Reuters) - U.S. President Donald Trump slapped 25% tariffs on imports from Mexico and Canada on Tuesday and doubled duties on Chinese goods to 20%, triggering retaliation and threats of further countermeasures by the top importers of U.S. farm products.Ottawa respo...Reuters
Tue, Mar 4
TREASURIES-Trade concerns over Trump tariffs drive US Treasury yields down
Tariffs on Canada, Mexico, China impact $2.2 trillion tradeChina, Canada retaliate with tariffs on U.S. importsFed rate cut expectations rise amid economic growth concernsBy Chuck Mikolajczak NEW YORK, March 4 (Reuters) - U.S. Treasury yields fell on Tuesday, as tariffs by U.S. President Donald T...Reuters
Tue, Mar 4
UK aims to speed up defence contracts, finance minister says
UK wants to open up defence contracts to smaller companiesGovernment working with companies to boost capacityIndustry group welcomes plan By Sarah Young LONDON, March 4 (Reuters) - British finance minister Rachel Reeves said she would speed up defence procurement, after the UK announced an increa...Reuters
Tue, Mar 4
As Trump tariffs arrive, companies brace for more uncertainty
Executives express frustration over policy shifts and uncertaintyTariffs expected to increase costs for U.S. companiesSome companies shift manufacturing to U.S. to mitigate tariffsBusiness confidence declines amid tariff-related inflation concernsBy David Gaffen March 4 (Reuters) - Business execu...Reuters
Tue, Mar 4
UK finance minister warns UK will be affected by Trump's tariffs
LONDON, March 4 (Reuters) - British finance minister Rachel Reeves warned the UK would be affected by slowing global trade even if tariffs were not directly applied to it, when asked about U.S. President Donald Trump's imposition of tariffs on Mexico and Canada. "It's absolutely the case...Reuters
Tue, Mar 4
Mauritius asks IMF to conduct financial assessment, PM says
PORT LOUIS, March 4 (Reuters) - Mauritius has asked the International Monetary Fund to conduct a financial assessment of its government institutions, Prime Minister Navin Ramgoolam said on Tuesday, after earlier accusing the prior administration of falsifying data.The institutions include the financ...Reuters
Tue, Mar 4
US Commerce chief says prices may rise short-term amid tariffs
WASHINGTON, March 4 (Reuters) - U.S. Commerce Secretary Howard Lutnick said prices could rise in the aftermath of tariffs imposed overnight on goods from China, Canada and Mexico, but that the tariffs could be removed if the countries could show progress on stopping the flow of fentanyl."There m...Reuters
Tue, Mar 4
Bundesbank proposes debt reform that could add 220 bln euros to spending
Bundesbank proposes raising govt borrowing limit to 1.4% of GDP from 0.35%, if debt if under 60% of GDPBundesbank says new limit could add up to 220 bln in spending power by 2030Changes require two-third majority support in Bundestag, Bundesrat FRANKFURT, March 4 (Reuters) - Germany's central...Reuters
Tue, Mar 4
Israel's budget row smoulders as finance minister Smotrich heads to US
Finance Minister Smotrich leaves for talks with US Treasury Secretary Bessent despite coalition crisisUltra-Orthodox parties warn Netanyahu's government over 2025 budget issuesLong-delayed 2025 budget includes cuts and tax hikes to fund wartime expensesBy Steven Scheer JERUSALEM, March 4 (Reu...Reuters
Tue, Mar 4
