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'This is not the time to go it alone,' NATO's Rutte tells U.S. and Europe
'There is no alternative to NATO,' says RutteNATO chief says allies can still trust U.S. Rules out normalisation of ties with Russia after warBy Barbara Erling and Lili Bayer WARSAW/BRUSSELS, March 26 (Reuters) - NATO Secretary-General Mark Rutte warned the United States and Europe on Wed...Reuters
Wed, Mar 26
Fed hawks and doves: what US central bankers are saying
March 26 (Reuters) - U.S. central bankers left short-term borrowing costs unchanged at their March 18-19 meeting. They also forecast weaker economic growth and higher inflation this year, at least in part due to President Donald Trump 's trade tariffs, and signaled that unusually high...Reuters
Wed, Mar 26
Fed's Musalem: I expect inflation back to 2% by 2027
Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem hit the wires hard on Wednesday, adding his voice to a growing chorus of Fed policymakers who are flashing warning signs on ham-handed tariff policies from the Trump administration that are knocking the stable US economy for a loop and pushing both uncertainty and inflation factors higher.Fxstreet
Wed, Mar 26
St Louis Fed President Musalem says there is no urgency to cut rates given continued growth
WASHINGTON, March 26 (Reuters) - There is no urgency for the U.S. Federal Reserve to cut interest rates given ongoing growth and the fact that restrictive policy is still needed to ensure inflation falls to the central bank's 2% target, St. Louis Fed President Alberto Musalem said on Wednesday.&...Reuters
Wed, Mar 26
BNP Paribas expects half a percentage point of ECB hikes in 2026
By Yoruk Bahceli LONDON, March 26 (Reuters) - BNP Paribas expects the European Central Bank to hike interest rates by half a percentage point in the second half of next year as defence and infrastructure spending boost price pressures, it said on Wednesday. The French bank said it had revised up ...Reuters
Wed, Mar 26
Walmart's Easter meal kit leaves out the eggs
By Siddharth Cavale NEW YORK, March 26 (Reuters) - Walmart WMT.N will be skipping eggs in its Easter meal offer this year, the U.S. retail giant said on Wednesday, in the midst of shortages and sky-high prices spiked by the bird flu outbreak among poultry. Walmart's Easter 2025 promotion fe...Reuters
Wed, Mar 26
Mexican Peso softens ahead of Banxico decision as economic outlook weighs
The Mexican Peso (MXN) depreciates against the US Dollar (USD) during the North American session on Wednesday following the release of economic data during the week, which highlighted the evolution of the disinflation process as well as an economy that is weakening.
Fxstreet
Wed, Mar 26
BNP Paribas expects half a percentage point of ECB hikes in 2026
LONDON, March 26 (Reuters) - BNP Paribas expects the European Central Bank to hike interest rates by half a percentage point next year as fiscal stimulus boosts price pressures, it said on Wednesday. The French bank said it had revised up its euro zone growth forecasts by 0.4 percentage points to 1....Reuters
Wed, Mar 26
St. Louis Fed's Musalem says tariffs could trigger more persistent inflation
By Howard SchneiderMarch 26 (Reuters) - Risks have increased that U.S. inflation will stall above the Federal Reserve's 2% target or even rise further in the near term, with rising import taxes potentially triggering more persistent price pressures, St. Louis Fed president Alberto Musalem said o...Reuters
Wed, Mar 26
Trump could use 2019 investigation to justify tariffs on auto imports
Trump has suggested auto tariffs of around 25%US Commerce probe in 2019 found imports harmed national securityUS imported $474 billion of auto parts in 2024By Andrea Shalal, David Lawder WASHINGTON, March 26 (Reuters) - U.S. President Donald Trump's administration is likely to use an investig...Reuters
Wed, Mar 26
We can still trust Americans, NATO chief says after 'Signalgate'
WARSAW, March 26 (Reuters) - NATO Secretary-General Mark Rutte said on Wednesday Europe could still trust the U.S. administration after it emerged that a journalist was included in a group chat among national security aides to coordinate U.S. military strikes on Yemeni militants.Jeffrey Goldberg, ed...Reuters
Wed, Mar 26
No normalisation of relations with Russia after war, NATO's Rutte says
WARSAW, March 26 (Reuters) - There will be no normalisation of relations with Russia even after the war in Ukraine is over, NATO Secretary-General Mark Rutte said on Wednesday."That will not happen. This will take decades, because there is a total lack of confidence. The threat is still there......Reuters
Wed, Mar 26
Euro zone bond yields muted, tariffs in focus
By Yadarisa Shabong March 26 (Reuters) - Euro zone government bond yields were little changed on Wednesday as markets were kept in check by caution about looming U.S. tariffs and their potential impact on economic growth.The German 10-year bond yield DE10YT=RR, the benchmark for the euro zone blo...Reuters
Wed, Mar 26
Turkey's opposition elects interim Istanbul mayor after Imamoglu's jailing
Imamoglu's jailing sparks largest anti-government protests in a decadeCHP elects Nuri Aslan as interim mayor to block government trusteeTurkish financial assets plunge, central bank intervenes to support lira ANKARA, March 26 (Reuters) - Istanbul's opposition-run municipal council on Wedn...Reuters
Wed, Mar 26
Fed should stay put for extended period amid policy uncertainty, Kashkari says
Kashkari uncertain about tariffs' impact on U.S. economyRates view in line with Fed Chair Powell's no rush to cutDrop in sentiment could slow spending, Kashkari warnsBy Ann Saphir March 26 (Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday said he's unce...Reuters
Wed, Mar 26
US tariffs could cut size of UK economy by 1%, OBR says
US global tariffs could wipe out most of UK's fiscal bufferBritain is negotiating to avoid worst of Trump's tariffsUK considering altering tech tax to avoid tariff impact By Andrew MacAskillLONDON, March 26 (Reuters) - U.S. President Donald Trump's threats to impose new tariff rates next...Reuters
Wed, Mar 26
WRAPUP 2-Front-loading ahead of tariffs boosts US durable goods orders
Durable goods orders increase 0.9% in FebruaryOrders for core capital goods orders fall 0.3%Shipments of core capital goods rebound 0.9%By Lucia Mutikani WASHINGTON, March 26 (Reuters) - Orders for long-lasting U.S. manufactured goods unexpectedly rose in February as businesses rushed to avoid po...Reuters
Wed, Mar 26
