News
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Fed should 'lean against' persistent tariff-driven inflation, Musalem says
April 11 (Reuters) - St. Louis Federal Reserve President Alberto Musalem said on Friday he's closely watching whether a rise in short-term inflation expectations seeps into longer-term expectations, a development that could make fighting inflation a much harder job and reduce the U.S. central ba...Reuters
Fri, Apr 11
TREASURIES-Benchmark US yield sees biggest weekly rise in decades on tariff turmoil
10-year yields sees biggest weekly increase since 200130-year yields post largest weekly gain since 1987Traders remain cautious after volatile week By Karen Brettell April 11 (Reuters) - Benchmark U.S. 10-year Treasury yields posted their biggest weekly increase in more than two decades on Friday...Reuters
Fri, Apr 11
Peru economy to face moderate impact from US tariffs, central bank says
US tariffs impact 70% of Peru's exports, says central bank economistEnergy and critical minerals exports exempt from US tariffsPeru's economy grew 4% in Q1, central bank maintains low interest rateBy Marco Aquino and Natalia Siniawski LIMA, April 11 (Reuters) - Newly implemented U.S. tari...Reuters
Fri, Apr 11
Trump trade war could hit imports at busiest US port in May, port executive says
By Lisa Baertlein LOS ANGELES, April 11 (Reuters) - Imports to the busiest U.S. seaport could drop as soon as May, as companies pause orders in response to President Donald Trump's escalating tariffs on China and other trading partners, Port of Los Angeles Executive Director Gene Seroka said...Reuters
Fri, Apr 11
What to Watch in the Week Ahead and on Monday, April 14
ON MONDAYGoldman Sachs is expected to report its first-quarter results, where analysts expect the investment bank to report higher profit, thanks to a stronger trading business due to market volatility.The beginning of the holiday-truncated week will be marked by a host of events where Federal Reser...Reuters
Fri, Apr 11
Fed prepared to address market functioning if need arises, Boston Fed's Collins tells FT
April 11 (Reuters) - Boston Federal Reserve Bank President Susan Collins on Friday said the U.S. central bank is "absolutely" prepared to deploy its tools to address financial market functioning if the need arises. Though “markets are continuing to function well” there aren't any overall...Reuters
Fri, Apr 11
Fed's Collins: Fed is prepared to use tools as needed, but rate cuts may not be appropriate
Federal Reserve (Fed) Bank of Boston President Susan Collins noted that the Fed has multiple monetary policy tools available and at its disposal should market conditions require them, but the Fed policymaker used the opportunity to push against the idea of the Fed using rate cuts first.Fxstreet
Fri, Apr 11
White House: Tariff rate on China remains at 145%
White House press secretary Karoline Leavitt reported that US President Donald Trump was optimistic about securing a trade deal with China, despite the escalating trade war between the two economic giants that had been battering markets.Fxstreet
Fri, Apr 11
TREASURIES-Benchmark Treasury yield heads for biggest weekly rise in decades on tariff turmoil
10-year yields head for biggest weekly increase since 200130-year yields set for biggest weekly gain since 1982Traders remain cautious after volatile week By Karen Brettell April 11 (Reuters) - Benchmark U.S. 10-year Treasury yields were on track for their biggest weekly increase in more than two...Reuters
Fri, Apr 11
WRAPUP 3-Tariffs angst sinks US consumer sentiment, boosts inflation expectations
Consumer sentiment plunges to near three-year low in AprilTwelve-month inflation expectations highest since 1981Producer price index falls 0.4% in MarchGoods, mostly gasoline, account for 70% of decline in PPIProducer prices increase 2.7% year-on-yearBy Lucia Mutikani WASHINGTON, April 11 (Reuter...Reuters
Fri, Apr 11
Imports at Port of Los Angeles could fall in May due to tariffs, port executive says
LOS ANGELES, April 11 (Reuters) - Imports to the busiest U.S. seaport could drop as soon as May, as companies pause orders in response to President Donald Trump's escalating tariffs on China and other trading partners, Port of Los Angeles executive director Gene Seroka said on Friday.Trump this...Reuters
Fri, Apr 11
Fed's Williams says tariffs will push up inflation, unemployment
Williams expects tariffs to raise inflation to 3.5%-4% this yearHe predicts real GDP growth will slow to below 1%, unemployment to riseSees Fed's monetary policy as appropriate to manage current risksBy Michael S. DerbyApril 11 (Reuters) - New York Federal Reserve President John Williams said on...Reuters
Fri, Apr 11
UK long-term borrowing costs head for biggest weekly jump since 'mini-budget' crisis
LONDON, April 11 (Reuters) - British 20- and 30-year government bond yields were on course on Friday for their biggest weekly jump since the aftermath of Liz Truss's "mini-budget" in 2022 as the United States and China escalated a trade war, igniting long-term inflation worries.Thirty-ye...Reuters
Fri, Apr 11
TREASURIES-10-year yields head for biggest weekly increase since 1981
Thirty-year yields heading for biggest weekly gain since 1982Traders remain cautious after volatile week By Karen Brettell April 11 (Reuters) - Benchmark U.S. 10-year Treasury yields were on track for their biggest weekly increase in more than 43 years on Friday as U.S. President Donald Trump...Reuters
Fri, Apr 11
