Reuters US Economy

FRANKFURT (Reuters) -Coercive trade policies fail to resolve financial imbalances and the risk of mutual economic damage is so great that all sides need to weigh policy adjustments to resolve tensions, European Central Bank President Christine Lagarde said on Wednesday. The United States set off global economic turmoil in April when it unveiled a raft …

Trade war resolution may require concessions from all, ECB’s Lagarde says Read More »

By Suzanne McGee (Reuters) -A group of three investment management firms teamed up to launch an exchange-traded fund that will invest in companies they expect to benefit from deregulation and free capital markets, the partners in the venture said on Tuesday. The Free Markets ETF, which began trading on the NYSE on Tuesday, will invest …

US firms launch ETF to capitalize on Trump’s deregulation push Read More »

By Isabel Teles SAO PAULO (Reuters) -The chief executives of some of Brazil’s largest banks on Tuesday expressed concerns over government plans to raise taxes to meet the federal fiscal target, advocating instead for a review of public spending. The proposed fiscal measures, which President Luiz Inacio Lula da Silva has yet to formally receive, …

Brazil bank chiefs balk at tax hike proposal, urge spending review Read More »

By Manya Saini (Reuters) -Moelis’ incoming CEO Navid Mahmoodzadegan told investors on Tuesday that he is optimistic about the dealmaking environment, as confidence returns following a pause in April triggered by U.S. tariff threats. “I’m optimistic. It definitely feels better and better each day … The announcement in April, I think set us back a …

Moelis CEO-designate joins Wall Street in signaling dealmaking rebound after tariff pause Read More »

By Hernan Nessi BUENOS AIRES (Reuters) -Argentina’s headline inflation likely slowed in May to its lowest monthly rate in five years, a Reuters poll of analysts showed on Tuesday. Consumer prices rose 2% last month, according to the average and median estimates of 24 local and foreign analysts, returning to an inflation level the country …

Argentina monthly inflation seen at five-year low in May Read More »

(Reuters) -Brazil’s central bank governor Gabriel Galipolo said on Tuesday he expects to soon present a solution to finance the real estate sector, which is struggling due to a drop in deposits in savings accounts, historically its largest funding source. Speaking at an event hosted by banking group Febraban in Sao Paulo, Galipolo said a …

Brazil’s central bank chief signals imminent bridge solution for real estate financing Read More »

KYIV (Reuters) -Ukraine’s consumer price inflation rose to 15.9% year-on-year in May, driven by increasing food prices, the statistics service said on Tuesday. Inflation has been growing quicker than initially expected so far this year, following a smaller harvest last year. Food prices grew by 22.1% in May compared to the same month a year …

Ukraine’s May inflation at 15.9% due to rising food prices Read More »