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Brazil holds off big tech tax amid Trump tariff talks, say sources
By Marcela Ayres and Bernardo Caram BRASILIA, March 26 (Reuters) - The Brazilian government has shelved a proposal to tax big tech firms, due in part to concerns that the move could be seen as a response to U.S. President Donald Trump's tariff threats, two officials with knowledge of the matt...Reuters
Wed, Mar 26
BoJ’s Koeda: We are seeing signs of progress on rising prices alongside wage hikes
The Bank of Japan (BoJ) new board member Junko Koeda said on Wednesday, “we are seeing signs of progress on rising prices alongside wage hikes.” Additional quotes Various indicators show underlying inflation moving towards 2% inflation sustainably.
Fxstreet
Wed, Mar 26
ECB’s Panetta: Must remain pragmatic and data-driven in setting policy rate
European Central Bank (ECB) policymaker Fabio Panetta said on Wednesday, the central bak “must remain pragmatic and data-driven in setting the policy rate.” Further comments ECB should now focus more on inflation expectations than estimated neutral level in setting rates.
Fxstreet
Wed, Mar 26
From Job Markets to Consumer Confidence: The Self-Inflicted Costs of Trump’s Tariff Policies Emerge
TradingKey — While U.S. President Donald Trump has repeatedly blamed the Biden administration for leaving him an economic "mess," recent data suggests that Trump’s own policies may not guarantee better employment or economic outcomes.
TradingKey
Wed, Mar 26
China has 'very big' policy room to spur growth, central bank adviser says
By Kevin Yao BOAO, China, March 26 (Reuters) - China wields significant policy room to stimulate its economy this year while some reform was needed to boost consumption, Huang Yiping, an advisor to China's central bank and a professor at Peking University, said on Wednesday. China has ...Reuters
Wed, Mar 26
Vietnam to cut duties on US imports, approve Starlink as Trump tariff decision looms
By Khanh Vu HANOI, March 26 (Reuters) - Vietnam will cut its tariffs on several U.S. products including LNG and cars, and moved to approve Starlink services, as the country tries to avoid being hit with U.S. tariffs because of its large bilateral trade surplus.The Southeast Asian industrial hub a...Reuters
Wed, Mar 26
Shorter-end JGB yields hit over 16-year highs as BOJ rate-hike bets persist
By Brigid Riley TOKYO, March 26 (Reuters) - Japanese government bond (JGB) yields edged higher on Wednesday, as expectations that the Bank of Japan will continue to raise interest rates this year sent shorter-term bond yields up to more than 16-year peaks.Both the 10-year JGB yield JP10YTN=JBTC ...Reuters
Wed, Mar 26
Fed’s Goolsbee believes borrowing costs would be “a fair bit lower” in 12-18 months from now – FT
Chicago Federal Reserve (Fed) President Austan Goolsbee said in a Financial Times (FT) interview on Wednesday that he “believed borrowing costs would be “a fair bit lower” in 12-18 months from now.” Additional comments Market angst over inflation would be ‘red flag’.Fxstreet
Wed, Mar 26
