Reuters US Economy

Thai monetary policy must stay flexible as headwinds build, central bank deputy says

2 Jul 2025

By Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai BANGKOK (Reuters) – Thailand’s economy faces a challenging second half of 2025 due to uncertainty about U.S. tariffs, a central bank deputy governor said on Wednesday, just as the country is caught in a new wave of domestic political turmoil. Under these circumstances, Roong Mallikamas, one of …

Thai monetary policy must stay flexible as headwinds build, central bank deputy says Read More »

Brazil’s central bank needs time to assess data after signaling pause in rate hikes, official says

2 Jul 2025

(Reuters) -Brazil’s central bank signaled a “very prolonged” pause in its interest rate-hiking cycle because policymakers need more time to assess whether data are moving in the desired direction, a senior official said on Wednesday. The bank’s monetary policy director, Nilton David, stressed that the decision to halt the tightening cycle reflects the need to …

Brazil’s central bank needs time to assess data after signaling pause in rate hikes, official says Read More »

UK bond rout draws Truss comparisons as public finances rattle investors

2 Jul 2025

By Alun John and Yoruk Bahceli LONDON (Reuters) -British government bonds tumbled sharply on Wednesday as a tearful appearance by Chancellor Rachel Reeves in parliament a day after the government backed down on its welfare reforms reignited concern over Britain’s finances. Reeves was attending Prime Minister’s Questions on Wednesday following the government’s decision to sharply …

UK bond rout draws Truss comparisons as public finances rattle investors Read More »

Canada factory PMI falls in June as firms slash production

2 Jul 2025

By Fergal Smith TORONTO (Reuters) -The downturn in Canada’s manufacturing sector deepened in June as U.S. tariffs undercut demand, spurring the sharpest cut to output in five years, data on Wednesday showed. The S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) edged down to 45.6 in June from 46.1 in May, registering the fifth straight …

Canada factory PMI falls in June as firms slash production Read More »

Bank of Israel expected to hold rates in July but rate cut talk gains steam after Iran war: Reuters poll

2 Jul 2025

By Steven Scheer JERUSALEM (Reuters) -The Bank of Israel is expected to leave short-term interest rates unchanged next week but analysts believe a cut is possible as early as August following a swift war with Iran that likely set back the Iranian nuclear programme. Ten of the 11 economists polled by Reuters said the central …

Bank of Israel expected to hold rates in July but rate cut talk gains steam after Iran war: Reuters poll Read More »

South African inflation expectations drop sharply in quarterly survey

2 Jul 2025

By Sfundo Parakozov JOHANNESBURG (Reuters) -South African analysts, business people and trade unions lowered their inflation expectations in the latest survey published on Wednesday, which could embolden the central bank to keep cutting interest rates. The average forecast for consumer inflation during 2025 fell to 3.9% in the second-quarter survey from 4.4% in the previous …

South African inflation expectations drop sharply in quarterly survey Read More »

Spain to shift $1.9 billion in reserve assets to help developing countries

1 Jul 2025

(Official correction of information in paragraph 5 about relevant IMF trust, changing to Poverty Reduction and Growth Trust from Resilience and Sustainability Trust) By David Latona SEVILLE, Spain (Reuters) -Spain will redirect an additional $1.9 billion in Special Drawing Rights to the International Monetary Fund as part of an effort to support developing countries, Economy …

Spain to shift $1.9 billion in reserve assets to help developing countries Read More »

Brazil government challenges Congress’ reversal of tax hike, escalating tensions

1 Jul 2025

By Ricardo Brito BRASILIA (Reuters) -Brazil’s government filed a lawsuit with the Supreme Court on Tuesday challenging Congress’ decision to overturn a tax hike on financial transactions, heating up tensions between the branches of power as the administration seeks ways to meet fiscal goals. The government believes that lawmakers overstepped their constitutional powers and created …

Brazil government challenges Congress’ reversal of tax hike, escalating tensions Read More »

Brazil’s inflation slowdown may prompt monetary policy review, says government official

1 Jul 2025

RIO DE JANEIRO/SAO PAULO (Reuters) -The executive secretary of Brazil’s Finance Ministry said on Tuesday that a slowdown in twelve-month inflation in May and June should open an opportunity for the central bank to revise the monetary policy stance.  “We complain about inflation and we should always worry about it, but it starts to fall …

Brazil’s inflation slowdown may prompt monetary policy review, says government official Read More »

Close Bitnami banner
Bitnami