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WRAPUP 2-IMF slashes global outlook as White House says trade talks pick up pace
Trump says China tariffs will fall substantially after a dealTariffs to drag global growth to slowest since pandemicHundreds of finance officials court White House officialsProgress made in talks with Japan, IndiaU.S. companies see significant impact from tariffsBy Andrea Shalal, David Lawder and Nu...Reuters
Tue, Apr 22
Fed's Kugler, citing inflation risks, supports steady policy rate
Kugler says larger-than-expected tariffs will have bigger impacts on economySupports keeping policy rate on hold, citing upside inflation risksFinancial market volatility could affect future growth, Kugler warnsApril 22 (Reuters) - Federal Reserve Governor Adriana Kugler said on Tuesday that with U....Reuters
Tue, Apr 22
US auto industry warns new auto parts tariffs will hike prices, cut sales
By David Shepardson WASHINGTON, April 22 (Reuters) - A coalition of U.S. auto industry groups on Tuesday urged President Donald Trump not to impose 25% tariffs on imported auto parts, warning they would cut vehicle sales and raise prices.Trump said earlier he plans to impose tariffs of 25% on aut...Reuters
Tue, Apr 22
WRAPUP 1-IMF slashes global outlook as White House says trade talks pick up pace
Tariffs to drag global growth to slowest since pandemicHundreds of finance officials court Bessent, other White House officialsProgress made in talks with Japan, IndiaU.S. companies see significant impact from tariffsBy Andrea Shalal, David Lawder and Nupur Anand WASHINGTON, April 22 (Reuters) - ...Reuters
Tue, Apr 22
Fed's Kashkari says 'too soon to judge' interest rate path
Kashkari says Fed's independence 'foundational' to economic successRising Treasury yields, weak dollar may show global investors reassessing US investment, Kashkari warnsExtreme uncertainty holding back spending, investment, though it could resolve quickly: KashkariApril 22 (Reuters) - ...Reuters
Tue, Apr 22
US auto industry warns new auto parts tariffs will hike prices, cut sales
WASHINGTON, April 22 (Reuters) - A coalition of U.S. auto industry groups urged President Donald Trump not to impose 25% tariffs on imported auto parts warning they would cut vehicle sales and raise prices.Trump said earlier he plans to impose tariffs of 25% on auto parts no later than May 3."Ta...Reuters
Tue, Apr 22
FACTBOX-What are the key races in Canada's federal election?
OTTAWA, April 22 (Reuters) - As Canada holds an election on Monday, Prime Minister Mark Carney's Liberals are ahead of Pierre Poilievre's Conservatives in national opinion polls. The New Democratic Party led by Jagmeet Singh is in a distant third place, while the separatist Bloc Quebecois, w...Reuters
Tue, Apr 22
What to Watch in the Day Ahead - Wednesday, April 23
Boeing is set to release its first-quarter results, with investors, suppliers and customers closely monitoring the production of the Boeing 737. The company is working to increase production of its flagship aircraft, which is a key source of revenue. Boeing executives have previously indicated that ...Reuters
Tue, Apr 22
Fed’s Kashkari: Can’t allow inflation expectations to get unanchored
Minneapolis Fed President Neel Kashkari warned that US tariffs act as a drag on economic growth and emphasised the central bank’s responsibility to prevent those trade measures from fuelling longer-term inflation.Fxstreet
Tue, Apr 22
Fed's independence 'foundational' to better economic outcomes, Kashkari says
April 22 (Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari, asked about President Donald Trump's vocal attacks on Fed Chair Jerome Powell for not cutting interest rates, said on Tuesday the Fed's monetary policy independence is foundational and the key to better economic o...Reuters
Tue, Apr 22
US, Japan move closer to outline of trade deal, source says
By Trevor HunnicuttApril 22 (Reuters) - The United States and Japan are moving closer to an interim arrangement on trade, but many of the biggest issues are being put off, according to a person familiar with the matter.Such an interim framework will not tackle the thorniest issues facing the two cou...Reuters
Tue, Apr 22
Mexico's president counters IMF forecast of economic contraction
By Ana Isabel Martinez and Natalia Siniawski MEXICO CITY, April 22 (Reuters) - Mexican President Claudia Sheinbaum on Tuesday pushed back against the International Monetary Fund's new forecast of a contraction in GDP this year, saying public spending would help shield Latin America's no. ...Reuters
Tue, Apr 22
Carney appeals for support in Quebec, promises protection from Trump
Carney says he will protect Quebec from Trump threatsLiberals lead Conservatives in polls ahead of electionBloc Quebecois supporters may switch to Liberals for stronger stance against TrumpBy Promit Mukherjee TROIS-RIVIERES, Quebec, April 22 (Reuters) - Canadian Prime Minister Mark Carney took hi...Reuters
Tue, Apr 22
Israel optimistic on reaching trade deal with US, economy minister says
By Federico Maccioni ABU DHABI, April 22 (Reuters) - Israel is hopeful that it will reach a trade agreement with the United States before a pause to a barrage of U.S. tariffs on global imports expires on July 9, Israeli Economy Minister Nir Barkat told Reuters on Tuesday."There are a number o...Reuters
Tue, Apr 22
Carney says if all goes to plan, he could balance Canada budget in 4 or 5 years
TROIS-RIVIERES, Quebec, April 22 (Reuters) - Canada Prime Minister Mark Carney on Tuesday said if his Liberals won an April 28 election and all went to plan, it would be realistic to expect the budget to return to surplus in four or five years' time.Carney released his economic plan on Saturday ...Reuters
Tue, Apr 22
Euro zone bonds outshine U.S. Treasuries amid Trump's Fed rebuke
U.S.-German 10-yr spread set for biggest monthly rise since 2003German 2-year bund yields drop to lowest since October 2022By Yadarisa Shabong April 22 (Reuters) - Euro zone government bond yields dipped on Tuesday, continuing to outperform U.S. Treasuries, as traders sought the safety of Europea...Reuters
Tue, Apr 22
