News
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Former Fed governor Warsh says Fed shouldn't buy US govt debt in normal times
April 25 (Reuters) - Former Federal Reserve Governor Kevin Warsh, on President Donald Trump's short list of candidates to be the next chief of the Fed, on Friday said he believes the central bank should reduce its footprint in financial markets"What bothers me most is when we're doing th...Reuters
Fri, Apr 25
Former Fed governor Warsh says US central bank should change its ways
Warsh criticizes Fed's reliance on data dependence, forward guidanceTrump reportedly discussed firing Powell with Warsh, who advised against itWarsh advocates for Fed's operational independence, limited roleBy Francesco Canepa WASHINGTON, April 25 (Reuters) - Former Federal Reserve Govern...Reuters
Fri, Apr 25
TREASURIES-Yields dip amid hopes of trade war thaw, growth slowdown concerns
Cautious optimism markets may stabilize after sharp volatilityBut trade deal hopes may not last longPerceived Fed's flexibility on rate cuts helps push yields lowerYield curve 'bull-flattens' on cloudy economic outlookBy Davide Barbuscia NEW YORK, April 25 (Reuters) - U.S. Treasury yi...Reuters
Fri, Apr 25
US Dollar climbs as trade rumors fuel market speculation
The US Dollar (USD) strengthens modestly on Friday as investors digest contradictory messaging from the United States and China regarding potential tariff negotiations. While President Donald Trump suggested dialogue is ongoing, Beijing explicitly denied any current talks.Fxstreet
Fri, Apr 25
What to Watch in the Week Ahead and on Monday, April 28
ON MONDAYDomino's Pizza is expected to post a fall in first-quarter same-store sales as demand for dining out falls in the United States with consumers looking to stretch their household budgets. Investors will watch out for comments on demand trends in the U.S as well as key international marke...Reuters
Fri, Apr 25
IMF sees slowing US remittances to Latam going forward
NEW YORK, April 25 (Reuters) - The International Monetary Fund sees a decline in cash sent back home to Latin America by immigrant workers in the United States, with the effect being especially hard on Central America."We expect remittances to decline going forward," said Rodrigo Valdes, dir...Reuters
Fri, Apr 25
These law schools were tops for federal clerkships in 2024
By Karen Sloan April 25 (Reuters) - The University of Chicago Law School sent the highest percentage of 2024 graduates into federal clerkships, marking the fourth time in five years that the school was tops for those coveted positions, American Bar Association data shows.Chicago sent more than 28...Reuters
Fri, Apr 25
BREAKINGVIEWS-Tariff turmoil puts premium on economic oddities
By Robert Cyran NEW YORK, April 25 (Reuters Breakingviews) - Erratic times call for quirky economic indicators. The White House’s helter-skelter trade policy and U.S. government shakeup are making some of the conventional metrics tracked by investors less useful. In past crises, oddities like the...Reuters
Fri, Apr 25
EU will 'leave no stone unturned' to reduce trade-related uncertainty, Ireland's Donohue says
By Andrea Shalal WASHINGTON, April 25 (Reuters) - The European Union will do all it can to engage with the U.S. on trade and reduce the massive uncertainty that is weighing down the global economy, Irish Finance Minister Paschal Donohoe said on Friday, underscoring unity among the bloc's memb...Reuters
Fri, Apr 25
China exempts some goods from US tariffs
China exempts some U.S. imports from 125% tariffsBeijing seeks to mitigate economic fallout from trade warSome recent imports from US have not been subject to tariffs, AmCham says, citing membersBy Andrew Silver, Trixie Yap and Brenda Goh April 25 (Reuters) - China has exempted some U.S. imports ...Reuters
Fri, Apr 25
US consumer sentiment remains weak in April on tariffs concerns
WASHINGTON, April 25 (Reuters) - U.S. consumer sentiment ebbed for a fourth straight month in April amid concerns about the economic impact of tariffs.The University of Michigan Surveys of Consumers said on Friday its Consumer Sentiment Index came in at 52.2 this month. While that was an improvement...Reuters
Fri, Apr 25
Russia keeps key rate on hold, braces for global turbulence
Inflation starts to decline, turning point expected in MayGlobal economic turbulence seen as key inflationary factorRouble strength seen as more sustainable in AprilEconomy slowing with oil price drop; budget revenue decliningBy Elena Fabrichnaya and Gleb Bryanski MOSCOW, April 25 (Reuters) - The...Reuters
Fri, Apr 25
USD/JPY sets for positive weekly close above 143.00 as US Dollar rebounds
The USD/JPY pair is expected to conclude the week on a positive note above 143.00. The pair surges to near 143.50 on Friday as the US Dollar (USD) has resumed its recovery move on hopes that United States (US) President Donald Trump is close to make deals with number of his trading partners.
Fxstreet
Fri, Apr 25
