News
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US weekly jobless claims rise marginally as labor market remains stable
Labor market stable despite rising economic uncertaintyClaims data includes March nonfarm payrolls survey week WASHINGTON, March 20 (Reuters) - The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor market remained stable in Ma...Reuters
Thu, Mar 20
Mexico's economy down 0.7% y/y in February, preliminary estimate shows
March 20 (Reuters) - Mexico's economy likely fell 0.7% in February from the same month a year earlier, a preliminary estimate from national statistics agency INEGI showed on Thursday.Compared with the previous month, the economy likely grew by 0.2%, the agency said.Reuters
Thu, Mar 20
Mexico Q4 private spending down 1.4% from previous quarter
March 20 (Reuters) - Mexican private spending fell 1.4% during the fourth quarter of 2024 compared with the previous three-month period, the national statistics agency said on Thursday.Private spending was 0.4% higher than during the same period a year earlier.Aggregate demand remained unchanged fro...Reuters
Thu, Mar 20
FACTBOX-Major brokerages see slower pace of Fed rate cuts despite Trump tariff uncertainty
March 20 (Reuters) - Major brokerages maintained their predictions for a slower pace of interest-rate cuts by the U.S. Federal Reserve after the central bank kept its benchmark interest rate unchanged on Wednesday. The Fed left its benchmark overnight interest rate in the 4.25-4.50% range, with...Reuters
Thu, Mar 20
ECB's Centeno: trade war unlikely to spur inflation
LISBON, March 20 (Reuters) - A widening global tariffs war is unlikely to speed up inflation in Europe and could end up having a negative impact on prices, European Central Bank policymaker and Bank of Portugal Governor Mario Centeno said on Thursday."I don't see how we can come out of this...Reuters
Thu, Mar 20
Germany's Lanxess gets boost from stockpiling ahead of Trump tariff threat
By Rafal Wojciech Nowak March 20 (Reuters) - German speciality chemicals maker Lanxess LXSG.DE on Thursday said U.S. customers had rushed to stockpile its products, joining consumers and companies hoping to get ahead of potential trade tariffs threatened by U.S. President Donald Trump.Trump has s...Reuters
Thu, Mar 20
