News
Important Only
Fed's Logan calls for caution on rate cuts, even if inflation cools
Palm Desert, California, Feb 14 (Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Friday reiterated her view that even if inflation data comes in cooler in coming months, the U.S. central bank should not necessarily reduce short-term borrowing costs in response. "I think there...Reuters
Fri, Feb 14
Trump says BRICS efforts to undermine dollar would result in tariffs
WASHINGTON, Feb 14 (Reuters) - U.S. President Donald Trump warned again on Friday that BRICS nations could face tariffs from the United States if they set up their own currency.Trump told reporters in the Oval Office that the idea of undermining the dollar is dead now. The BRICS nations, comprising ...Reuters
Fri, Feb 14
IMF says discussed macroeconomic developments in Ghana during Feb 10-14 visit
Feb 14 (Reuters) - The International Monetary Fund said on Friday that its staff and Ghanaian authorities this week discussed recent macroeconomic developments in Ghana and started discussions on the country's 2025 budget policies.The dialogue on 2025 budget policies is set to continue over the ...Reuters
Fri, Feb 14
Trump's NATO spending demands could hit Europe's credit ratings, says S&P Global
S&P gives three scenarios for higher defence spendingWarns of political costs of social spending cutsSuggests joint debt issuance as possible solutionAdds comments from S&P analyst, details on joint debt mechanismsBy Marc Jones LONDON, Feb 14 (Reuters) - The credit ratings of Europe's...Reuters
Fri, Feb 14
Trump administration lays off over 2,000 workers at Interior Department, sources say
Feb 14 (Reuters) - Some 2,300 people have been laid off at the U.S. Interior Department as part of the Trump administration's sweeping government job cuts, according to three sources familiar with the matter.The Interior Department manages around 500 million acres of U.S. public lands, including...Reuters
Fri, Feb 14
WRAPUP 2-US retail sales post biggest drop in nearly two years amid winter freeze
Adds details, manufacturing, inventory data throughoutRetail sales drop 0.9% in JanuaryDecember sales growth revised up to 0.7% from 0.4%Core retail sales fall 0.8%; December revised higherFactory production dips 0.1%; motor vehicle output drops 5.2%By Lucia Mutikani WASHINGTON, Feb 14 (Reuters) ...Reuters
Fri, Feb 14
Peru cenbank forecasts further economic growth without demand inflation pressures
Adds detail about economic growth LIMA, Feb 14 (Reuters) - Peru's central bank expects the local economy to continue growing, chief economist Adrian Armas said on Friday, without the occurence of demand putting pressure on inflation.The economy likely grew around 4.7% year-over-year in both D...Reuters
Fri, Feb 14
IFC chief says it is doubling down on Pakistan, eyeing large infrastructure financing
IFC chief says $2 billion annual investment in Pakistan not hard targetEyeing investment in infrastructure, agriculture, digital and financial sectorsCountry needs investment in big projects such as airports, energy and portsBy Ariba Shahid ISLAMABAD, Feb 14 (Reuters) - The World Bank's priva...Reuters
Fri, Feb 14
GLOBAL LNG-Asian spot LNG gains amid colder weather, Europe stocks concerns
Avg LNG price for March delivery at highest since November 2023, industry estimates show Trading to shift to April delivery as of February 17LNG cargoes diverted to Europe due to higher prices and weaker Asian demandAdds price assessment for April in paragraph 3By Emily Chow SINGAPORE, Feb 14 (Re...Reuters
Fri, Feb 14
Euro area yields set for weekly rise after US data, Ukraine in focus
Updates in late European tradeBy Stefano Rebaudo Feb 14 (Reuters) - Euro zone government bond yields were little changed on Friday but set to end the week higher following U.S. economic data and Federal Reserve Chair Jerome Powell's remarks that the central bank was in no rush to cut interest...Reuters
Fri, Feb 14
ADVISORY-holiday schedule for major US economic, other data
The Presidents Day federal holiday on Monday, February 17 will affect the release schedule of some major economic, energy and commodities reports originating from and/or filed from Washington during the February 16 week. Below is the schedule for the week. Times in EST/GMT.Some Treasury announcement...Reuters
Fri, Feb 14
US business inventories post first drop in nine months
WASHINGTON, Feb 14 (Reuters) - U.S. business inventories fell for the first time in nine months in December as strong domestic demand depleted stocks at retailers and wholesalers.Inventories dropped 0.2%, the first decline since March, after gaining 0.1% in November, the Commerce Department's Ce...Reuters
Fri, Feb 14
TREASURIES-US yields fall after sharp decline in retail sales
US Treasuries in overbought territory, analyst saysUS 10-yield has fallen about 17 bps in two daysUS rate futures now price in 40 bps in cuts in 2025Adds new comment, import prices data, graphic, byline, updates pricesBy Gertrude Chavez-Dreyfuss NEW YORK, Feb 14 (Reuters) - U.S. Treasury yields f...Reuters
Fri, Feb 14
US manufacturing output falls in January on weak motor vehicle production
WASHINGTON, Feb 14 (Reuters) - U.S. manufacturing production unexpectedly fell in January, weighed down by a sharp decline in motor vehicle output.Factory output dipped 0.1% last month after a downwardly revised 0.5% rebound in December, the Federal Reserve said on Friday. Economists polled by Reute...Reuters
Fri, Feb 14
