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RPT-TREASURIES-US yields briefly trim losses after inflation data
Repeats to attach item to alerts, no change to content NEW YORK, Feb 28 (Reuters) - U.S. Treasury yields briefly trimmed their losses on Friday, but remained lower on the day, after data showed a key core inflation measure edging higher last month, reinforcing expectations the Federal Reserve wil...Reuters
Fri, Feb 28
TREASURIES-US yields briefly trim losses after inflation data
NEW YORK, Feb 28 (Reuters) - U.S. Treasury yields briefly trimmed their losses on Friday, but remained lower on the day, after data showed a key core inflation measure edging higher last month, reinforcing expectations the Federal Reserve will pause rate cuts for some time.The core Personal Consumpt...Reuters
Fri, Feb 28
INSTANT VIEW-Canada's economy grows 2.6% in fourth quarter
Adds comment TORONTO, Feb 28 (Reuters) - Canada's economy grew faster than expected in the fourth quarter, led by consumer spending, business investments and exports, data showed on Friday. Market reaction: CAD/LINK: https://www150.statcan.gc.ca/n1/daily-quotidien/250228/dq250228a-eng.htm?...Reuters
Fri, Feb 28
INSTANT VIEW-January PCE inflation no surprise, cools year on year
Feb 28 (Reuters) - The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing by an unrevised 0.3% in December, data showed on Friday. Economists had expected the PCE price index to climb 0.3%. In the year through January, pric...Reuters
Fri, Feb 28
Romanian defence spending could reach 3% of GDP in 1-2 years, president says
Adds comment, details BUCHAREST, Feb 28 (Reuters) - Romania's defence spending could reach 3% of GDP in stages in one to two years, interim President Ilie Bolojan said on Friday, signalling a further rise in its target as U.S. President Donald Trump presses NATO states to increase contributio...Reuters
Fri, Feb 28
INSTANT VIEW-Canada's economy grows 2.6% in fourth quarter
TORONTO, Feb 28 (Reuters) - Canada's economy grew faster than expected in the fourth quarter, led by consumer spending, business investments and exports, data showed on Friday. Market reaction: CAD/LINK: https://www150.statcan.gc.ca/n1/daily-quotidien/250228/dq250228a-eng.htm?HPA=1COMMENTSAND...Reuters
Fri, Feb 28
US goods trade deficit widens sharply in January
WASHINGTON, Feb 28 (Reuters) - The U.S. trade deficit in goods widened sharply in January, most likely as businesses front-loaded imports ahead of tariffs, potentially positioning trade to be a drag on economic growth in the first quarter. The goods trade gap surged 25.6% to $153.3 billion last mont...Reuters
Fri, Feb 28
Traders keep bets on Fed rate cut in June after inflation data
Feb 28 (Reuters) - Traders of futures contracts that settle to the Federal Reserve's policy rate maintained bets on Friday that the U.S. central bank will restart cuts to short-term borrowing rates in June after data showed inflation rose in line with expectations in January. They still see a se...Reuters
Fri, Feb 28
US consumer spending falls in January; monthly inflation rises
WASHINGTON, Feb 28 (Reuters) - U.S. consumer spending unexpectedly fell in January, but a pick up in inflation could provide cover for the Federal Reserve to delay cutting interest rates for some time.Consumer spending, which accounts for more than two-thirds of U.S. economic activity, dropped 0.2% ...Reuters
Fri, Feb 28
India's economic growth picks up on rising government, consumer spending
October-December GDP grew 6.2% y/y; stronger than previous quarter Government, personal spending improved but manufacturing remained weak2023-24 GDP growth revised sharply upwards to 9.2% from 8.2% projected earlierUpdates with government's revised estimate for manufacturing growth for July-Sept...Reuters
Fri, Feb 28
