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Fed’s Daly: Two rate cuts this year seems “reasonable”
San Francisco Fed President Mary Daly maintains that two rate cuts this year remain a reasonable projection, but with robust economic indicators, policymakers can hold off on reducing rates until they evaluate how businesses adapt to tariff costs.Fxstreet
Fri, Mar 28
ECB's Nagel encouraged but warns against 'over-optimism' on inflation target
BERLIN, March 28 (Reuters) - ECB policymaker Joachim Nagel said on Friday he was encouraged by recent data on inflation in a number of euro zone economies but warned against over-optimism as the European Central Bank works to bring inflation down further to its 2% target."The last mile is certai...Reuters
Fri, Mar 28
EXCLUSIVE-Fed's Daly says two rate cuts this year 'reasonable' as firms adjust to tariffs
March 28 (Reuters) - San Francisco Federal Reserve Bank President Mary Daly still sees two interest-rate cuts this year as a "reasonable" projection, but with the labor market solid, the economy still growing and inflation edging down, policymakers can wait to reduce rates until they assess ...Reuters
Fri, Mar 28
INSTANT VIEW-US Feb PCE prices index shows inflation picture still a conundrum
March 28 (Reuters) - The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday. Economists had forecast the PCE price index gaining 0.3%. In the 12 months through February, prices in...Reuters
Fri, Mar 28
Spain's PM urges Washington to reconsider tariff 'nonsense'
MADRID, March 28 (Reuters) - Spanish Prime Minister Pedro Sanchez and European Commission Vice President Teresa Ribera on Friday urged the United States to reconsider new tariffs on goods from Europe and open a dialogue with Brussels to stop what Sanchez described as "nonsense".President Don...Reuters
Fri, Mar 28
POLL-Canada home prices to lag inflation; trade war further hurts sentiment
cpurl://apps.cp./cms/?pageId=house-poll for poll dataBy Mumal Rathore and Indradip Ghosh BENGALURU, March 28 (Reuters) - Canadian home prices are set to lag overall inflation this year, a Reuters poll of property market experts showed, with transaction volumes already down sharply as a U.S.-led t...Reuters
Fri, Mar 28
INSTANT VIEW-US Feb PCE prices index shows inflation picture still a conundrum
March 28 (Reuters) - The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday. Economists had forecast the PCE price index gaining 0.3%. In the 12 months through February, prices in...Reuters
Fri, Mar 28
TREASURIES-Yields decline slightly after US inflation data
NEW YORK, March 28 (Reuters) - U.S. Treasury yields had a relatively muted response to the release on Friday of the U.S. Personal Consumption Expenditure data, the Federal Reserve's favored indicator for inflation.The Personal Consumption Expenditures (PCE) price index increased 0.3% in February...Reuters
Fri, Mar 28
German unemployment rises amid economic slowdown
Jobless rate increases to 6.3%, above analyst forecastsOpen positions drop by 64,000, indicating reduced labour demandBankruptcies rising, contributing to future unemploymentBy Maria MartinezBERLIN, March 28 (Reuters) - The number of people out of work in Germany rose in March at the fastest rate si...Reuters
Fri, Mar 28
