News
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German economy to stagnate even if Trump scraps 'reciprocal' tariffs, say forecasters
German economic institutes cut 2025 growth forecast to 0.1%Forecasts factor in U.S. tariffs on aluminium, steel and cars'Reciprocal' tariffs could worsen hit, if restored by TrumpGerman unemployment expected to rise to 6.3% this yearBy Maria Martinez, Friederike Heine and Ludwig Burger B...Reuters
Thu, Apr 10
Kansas City Fed's Schmid to stay focused on inflation in light of tariff risks
By Howard Schneider WASHINGTON, April 10 (Reuters) - Kansas City Federal Reserve President Jeff Schmid said on Thursday he will remain "squarely focused" on inflation and the risk new U.S. import taxes could shift prices higher and feed into rising public inflation expectations."I int...Reuters
Thu, Apr 10
TREASURIES-Yields fall as bond market shows signs of stabilizing
Yields fall as market stabilizes following selloffConsumer prices unexpectedly fall in MarchTreasury to sell $22 bln 30-year bonds By Karen Brettell April 10 (Reuters) - U.S. Treasury yields dipped on Thursday, after a solid 10-year note auction and pause in some trade tariffs on Wednesday helped...Reuters
Thu, Apr 10
Fed must keep tariffs from fostering persistent inflation: Logan
April 10 (Reuters) - Higher-than-expected tariffs would "very likely" raise both unemployment and inflation, Dallas Federal Reserve President Lorie Logan said on Thursday in remarks that made clear her most immediate concern is keeping inflation, and inflation expectations, in check."To ...Reuters
Thu, Apr 10
INSTANT VIEW-Cool March CPI may be short-lived distraction from tariff-led inflation
April 10 (Reuters) - U.S. consumer prices unexpectedly fell in March, but inflation risks are tilted to the upside after President Donald Trump doubled down on tariffs on imported Chinese goods even as he lowered duties on other nations.The consumer price index dipped 0.1% last month after gaining 0...Reuters
Thu, Apr 10
INSTANT VIEW-Cool March CPI may be brief distraction from tariff-led inflation
April 10 (Reuters) - U.S. consumer prices unexpectedly fell in March, but inflation risks are tilted to the upside after President Donald Trump doubled down on tariffs on imported Chinese goods even as he lowered duties on other nations.The consumer price index dipped 0.1% last month after gaining 0...Reuters
Thu, Apr 10
Traders add to bets on Fed rate cuts after soft inflation data
April 10 (Reuters) - Traders on Thursday bet the U.S. Federal Reserve will resume cutting interest rates in June and probably deliver a full percentage point of reductions to its policy rate by the end of the year. after data showed inflation last month was softer than economists had expected. Befor...Reuters
Thu, Apr 10
US weekly jobless claims rise marginally
WASHINGTON, April 10 (Reuters) - The number of Americans filing new applications for unemployment benefits rose slightly last week and could trend higher as companies navigate President Donald Trump's tariffs on imports. Initial claims for state unemployment benefits increased 4,000 to a seasona...Reuters
Thu, Apr 10
Russia plans to soften capital controls on new investments
MOSCOW, April 10 (Reuters) - Russia is planning to soften capital controls on new foreign investments, a senior finance ministry official said on Thursday, opening the door for companies - including Western ones - looking to return to the Russian market.Russia banned foreign companies from withdrawi...Reuters
Thu, Apr 10
