News
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WRAPUP 2-US labor market steady, tariffs and federal government layoffs a risk to outlook
Weekly jobless claims fall 21,000 to 221,000Federal employees claims highest in four years Planned layoffs soar to 172,017 in February on DOGE boostTrade deficit widens to record high amid imports surgeBy Lucia Mutikani WASHINGTON, March 6 (Reuters) - The number of Americans filing new applicatio...Reuters
Thu, Mar 6
Ukraine's economic outlook remains exceptionally uncertain, IMF says
By Andrea Shalal WASHINGTON, March 6 (Reuters) - Ukraine is continuing to make good progress in implementing structural reforms, but its economic outlook remains exceptionally uncertain given its ongoing war against Russia's invasion, the International Monetary Fund said on Thursday.IMF spoke...Reuters
Thu, Mar 6
IMF says US tariffs will hurt Mexican, Canadian economies
IMF sees increased volatility in financial marketsGlobal lender plans more comprehensive assessment in AprilUncertainty historically dampens demand and investment, IMF says By Andrea Shalal WASHINGTON, March 6 (Reuters) - If sustained, U.S. tariffs imposed on Mexico and Canada will have a signifi...Reuters
Thu, Mar 6
Mexico wins tariff reprieve after president's 'excellent' Trump call
By Brendan O'Boyle and Kylie MadryMEXICO CITY, March 6 (Reuters) - Mexican President Claudia Sheinbaum thanked her U.S. counterpart Donald Trump for an "excellent and respectful" call on Thursday, promising that her government would work on security and migration as Washington temporaril...Reuters
Thu, Mar 6
US Treasury's Bessent says FSOC will drive regulatory change, outlines tariff policies
March 6 (Reuters) - U.S. Treasury Secretary Scott Bessent on Thursday said he plans to use the Financial Stability Oversight Council to drive change in financial regulations that are unduly burdensome to banks and characterized by a "broken supervisory culture," coordinating via Treasury rat...Reuters
Thu, Mar 6
TREASURIES-US yields higher after data, Lutnick comments
Weekly jobless claims fall, contrasting with rising planned job cutsCommerce Secretary Lutnick says tariff reprieve likely to be expandedFed rate cut expectations rise amid economic slowdown concerns NEW YORK, March 6 (Reuters) - U.S. Treasury yields were mostly higher on Thursday as investors ga...Reuters
Thu, Mar 6
Economic outlook for Ukraine remains exceptionally uncertain, IMF says
WASHINGTON, March 6 (Reuters) - Ukraine is continuing to make good progress in implementing structural reforms, but its economic outlook remains exceptionally uncertain given its ongoing war against Russia's invasion, the International Monetary Fund said on Thursday.IMF spokesperson Julie Kozack...Reuters
Thu, Mar 6
IMF says U.S. tariffs, if sustained, will hit economies of Mexico, Canada
WASHINGTON, March 6 (Reuters) - If sustained, U.S. tariffs imposed on Mexico and Canada will have a significant adverse impact on the those countries, the International Monetary Fund said on Thursday, citing the strong integration of both countries with the U.S. economy.IMF spokesperson Julie Kozack...Reuters
Thu, Mar 6
IMF says further Japan rate hikes should be data-driven, gradual
WASHINGTON, March 6 (Reuters) - The International Monetary Fund on Thursday said it had been supportive of the Bank of Japan's monetary policy decisions, and further hikes in interest rates should be data-driven and proceed at a gradual pace.IMF spokesperson Julie Kozack told reporters that Japa...Reuters
Thu, Mar 6
One-month tariff reprieve likely to be extended to all USMCA-compliant goods, Lutnick says
March 6 (Reuters) - U.S. Commerce Secretary Howard Lutnick on Thursday said the one-month reprieve on hefty tariffs on goods imported from Mexico and Canada that has been granted to automotive products is likely to be extended to all products that comply with the U.S.-Mexico-Canada Agreement on trad...Reuters
Thu, Mar 6
Mexican companies hold back U.S.-bound exports, hoping for tariff reversal
By Jose Luis Gonzalez and Laura Gottesdiener CIUDAD JUAREZ, Mexico, March 6 (Reuters) - The flow of Mexican goods exported to the United States has slowed as companies anxiously hold back stock and wait to see if U.S. President Donald Trump might reverse his decision to implement 25% tariffs on M...Reuters
Thu, Mar 6
Canada's Ivey PMI rises to seven-month high in February
TORONTO, March 6 (Reuters) - Canadian economic activity expanded at the fastest pace in seven months in February as employment rose and prices heated up, Ivey Purchasing Managers Index (PMI) data showed on Thursday.The seasonally adjusted index rose to 55.3 from 47.1 in January, its highest level si...Reuters
Thu, Mar 6
US trade deficit hits record high in January on imports surge
Imports rise 10% amid tariff worriesIncrease in imports driven by industrial supplies and consumer goodsEconomists warn of potential GDP contraction in Q1WASHINGTON, March 6 (Reuters) - The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggest...Reuters
Thu, Mar 6
