News
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Bessent says there are 'no guarantees' there will not be a US recession
March 16 (Reuters) - There are "no guarantees" there will not be a recession in the United States, although there could be an adjustment, Treasury Secretary Scott Bessent said in an interview that aired on Sunday.But Bessent, speaking to NBC's "Meet the Press," ruled out the chan...Reuters
Sun, Mar 16
Bessent says there are 'no guarantees' there will not be a US recession
March 16 (Reuters) - There are "no guarantees" there will not be a recession in the United States but there could be an adjustment, Treasury Secretary Scott Bessent said in an interview with NBC that aired on Sunday.U.S. stock markets closed down sharply last week amid mounting uncertainties...Reuters
Sun, Mar 16
Angry Canadians get their 'elbows up' in face of Trump threats
Canadians rally for Canada, nationalism resurgesBoycotts of U.S. goods and travelPodcast and rallies express Canadian frustration and identityBy Anna Mehler Paperny TORONTO, March 15 (Reuters) - Canadians are upset.At first it was the threat, and then the reality, of tariffs. Now, U.S. President ...Reuters
Sat, Mar 15
IMF and Pakistan make progress to staff level agreement, IMF mission chief says
March 14 (Reuters) - The International Monetary Fund (IMF) and Pakistani authorities made significant progress toward reaching a staff level agreement on the first review of an ongoing $7 billion programme, IMF Mission Chief Nathan Porter said in a statement on Saturday.The mission and Pakistani aut...Reuters
Sat, Mar 15
Mark Carney becomes new Canadian Prime Minister, vows to meet Trump at the table
Newly-minted Canadian Prime Minister Mark Carney took over the reigns of Canada from now-former Prime Minister Justin Trudeau on Friday morning, and the fresh Canadian leader wasted no time in declaring his intent to meet US President Donald Trump head-on as the Trump administration spools up a messy, global trade war with nearly all of the US's closest trading partners simultaneously.Fxstreet
Fri, Mar 14
Canada's versatile finance minister starts fifth cabinet job in 6 years
OTTAWA, March 14 (Reuters) - Canadian Finance Minister Francois-Philippe Champagne, who was named to his post on Friday, is seen by his colleagues as a versatile and reliable pair of hands, now starting his fifth different cabinet job in less than six years.Champagne, 54, known for his ebullient man...Reuters
Fri, Mar 14
TREASURIES-US yields rise as tariffs spur inflation fears
By Karen Brettell NEW YORK, March 14 (Reuters) - U.S. Treasury yields rose on Friday on concerns over the potentially inflationary impact of tariffs as trade wars between the U.S. and its trading partners escalate, while a stock market recovery reduced safe-haven demand for U.S. government debt.M...Reuters
Fri, Mar 14
WRAPUP 3-US consumer sentiment plunges on tariff fears, inflation expectations jump
Consumer sentiment index dives to 57.9 in MarchConsumers frustrated with "frequent gyrations in economic policies" Five-year inflation expectations highest since early 1993By Lucia Mutikani WASHINGTON, March 14 (Reuters) - U.S. consumer sentiment plunged to a nearly 2-1/2-year low in Marc...Reuters
Fri, Mar 14
Peru central bank sees strong economic growth, limited tariff blow
Central bank's chief economist sees January GDP growth at 4%Effects of U.S. tariffs should be limited, he saysBank again held rate in 'neutral territory'Inflation indicators remain in target rangeBy Sarah Morland and Natalia Siniawski March 14 (Reuters) - Peru's economy likely exp...Reuters
Fri, Mar 14
Rising inflation expectations could put Fed on shallower rate-cut path
Drop in consumer sentiment, rise in inflation expectations foreground dueling tasks for FedFed seen leaving rates steady next week, delivery first cut in JuneTraders are pricing three rate cuts this year, but with less confidence than before March 14 (Reuters) - American families are growing shar...Reuters
Fri, Mar 14
Baltimore bid to halt US CFPB defunding rejected by judge
By Jonathan Stempel March 14 (Reuters) - A federal judge in Baltimore on Friday rejected the city's effort to temporarily block the Consumer Financial Protection Bureau from emptying its reserves and returning the money to the U.S. Federal Reserve or Department of the Treasury.U.S. District J...Reuters
Fri, Mar 14
