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Fed's Collins: Tariffs could push core inflation well above 3% this year
Federal Reserve (Fed) Bank of Boston President Susan Collins joined the ever-growing stream of Fed policymakers standing up and flashing loud warning signs that ongoing uncertainty at the hand of the Trump administration's constantly waffling tariff policy stance will continue to weigh on the Fed'sFxstreet
Fri, Apr 11
EC President von der Leyen: EU could tax Big Tech if Trump trade talks fail
European Commission President Ursula von der Leyen said early Friday that the European Union (EU) is ready to use its most powerful trade measures and may impose levies on US digital companies if negotiations with US President Donald Trump fail to end his tariff war against Europe, per Financial TimFxstreet
Thu, Apr 10
US Treasury secretary to meet with Argentina's Milei on Monday
By Susan Heavey and David Lawder WASHINGTON, April 10 (Reuters) - U.S. Treasury Secretary Scott Bessent will meet with Argentina President Javier Milei and other government and business leaders in Buenos Aires next week to show support for the country's economic reforms, the Treasury Departme...Reuters
Thu, Apr 10
Venezuela national assembly greenlights economic emergency decree
April 10 (Reuters) - Venezuela's national assembly on Thursday passed a decree proposed by President Nicolas Maduro's government declaring a state of economic emergency in response to U.S. sanctions and tariffs.In March, the administration of U.S. President Donald Trump began suspending auth...Reuters
Thu, Apr 10
Trump's tariff pause only stokes more uncertainty for CEOs
Markets jumped on Wednesday on hopes of negotiated deals during tariff pauseCompanies say the uncertainty makes it hard to planThey are worried by signs demand is weakeningBy Fedja Grulovic, Patricia Weiss and Jaspreet Singh BELGRADE/FRANKFURT/LONDON, April 10 (Reuters) - U.S. President Donald Tr...Reuters
Thu, Apr 10
Trump tariff pause does not change fundamentals for a Fed that sees risks ahead
Pause in some tariffs doesn't change view of slower growth, higher prices comingMarkets functioning through recent volatilityOfficials awaiting more clarity ahead of any policy changeBy Howard Schneider and Ann SaphirWASHINGTON, April 10 (Reuters) - President Donald Trump's pause on some ann...Reuters
Thu, Apr 10
US tariffs on Philippines could affect weapons deal, ambassador says
Manila faced 17% levies under Trump's reciprocal tariffsIt still faces 10% levy over next three monthsU.S. approved F-16 sale worth $5.8 billion this monthPhilippines trade surplus with U.S. is $4.8 billion By David Brunnstrom and Michael Martina WASHINGTON, April 10 (Reuters) - Imposing tar...Reuters
Thu, Apr 10
Fed's Collins sees steady Fed as tariffs push up inflation risks
Fed's Collins says tariffs drive inflation up, depress growthCollins sees steady monetary policy amid uncertaintyCollins says core inflation likely to exceed 3% this yearBy Michael S. DerbyNEW YORK, April 10 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Thursday that la...Reuters
Thu, Apr 10
US March deficit falls to $161 billion, customs revenue grows but still small
Calendar shift for government benefit payments amplifies fall in March deficitTrump's tariffs push $2 bln increase in March customs receipts Six-month $1.3 trillion deficit second-highest ever for Oct-March periodBy David LawderWASHINGTON, April 10 (Reuters) - The U.S. government posted a $161 b...Reuters
Thu, Apr 10
Fed's Goolsbee: Rate cuts still possible if economy gets back on track
Fed's Goolsbee says uncertainty in economy is high right nowGoolsbee says economy was solid ahead of tariff impositionGoolsbee says if economy gets back on track, rate cuts still possibleBy Michael S. Derby NEW YORK, April 10 (Reuters) - Federal Reserve Bank of Chicago President Austan Goolsb...Reuters
Thu, Apr 10
Fed's Goolsbee: The bar for Fed policy change is now pretty high
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee hit newswires for a second time on Thursday, adding extra caution that ongoing trade tensions will continue to make it harder, not easier, for the Fed to adjust policy rates, regardless of how much the markets and the Trump administratiFxstreet
Thu, Apr 10
US Senate confirms Trump's FTC commissioner pick
By Jody Godoy April 10 (Reuters) - The U.S. Senate confirmed President Donald Trump's pick for the third Republican commissioner on the U.S. Federal Trade Commission, despite criticism from Democrats over Trump's move to oust two commissioners from the consumer protection and antitrust ag...Reuters
Thu, Apr 10
Fed's Goolsbee backs wait-and-see approach to interest rates
By Michael S. DerbyNEW YORK, April 10 (Reuters) - Chicago Federal Reserve President Austan Goolsbee said on Thursday the U.S. central bank should hold its monetary policy steady until there is greater clarity regarding rapidly shifting government policies."I don't think you should ever take ...Reuters
Thu, Apr 10
