Reuters US Economy Archives - Page 209 of 866

Spain’s 12-month EU-harmonised inflation falls to 2.2% in March

11 Apr 2025 11 Apr 2025

(Reuters) – Spain’s European Union-harmonised 12-month inflation rate fell to 2.2% in March from the period through February, final data released by the National Statistics Institute, or INE, showed on Friday. The INE’s final data of 2.2% confirmed the flash reading of 12-month European Union-harmonised inflation released two weeks ago and the average estimate from …

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Growth risks to nudge India central bank towards deeper rate cuts, economists say

11 Apr 2025 11 Apr 2025

By Dharamraj Dhutia MUMBAI (Reuters) – The Reserve Bank of India’s rate-cutting cycle could be deeper than expected as downside risks to growth and a benign inflation outlook could prompt the central bank to be more accommodative, economists said. Growth in Asia’s third-largest economy, which is under threat from slowing urban consumption and tepid private …

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Morning Bid: Back to white-knuckle ride in the markets

11 Apr 2025 11 Apr 2025

A look at the day ahead in European and global markets from Ankur Banerjee Fears of a sharp downturn in the global economy have sent markets convulsing once more, with action focused on currencies and bonds as the escalating U.S.-China trade war has investors throwing out the usual playbook and fleeing dollar-based assets. Stock futures …

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Philippines central bank chief signals cautious path on rate cuts

11 Apr 2025 11 Apr 2025

MANILA (Reuters) – The Philippine central bank is taking a cautious approach to policy easing this year to avoid overheating the economy and reigniting inflation, which has been on a downward trend, Governor Eli Remolona told Bloomberg TV on Friday. The Bangko Sentral ng Pilipinas resumed its easing cycle on Thursday, cutting its benchmark interest …

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Global investors hunker down for volatility even as tariff pause is welcomed

11 Apr 2025 11 Apr 2025

By Summer Zhen and Dhara Ranasinghe LONDON (Reuters) -As the dust settles after a bruising week eased by U.S. President Donald Trump’s tariff pause, the takeaway from global investors is loud and clear: market turbulence is here to stay. In a stunning reversal on Wednesday, Trump said he would temporarily lower the hefty duties newly …

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Wall St ends sharply lower as tariff risks send investors fleeing

11 Apr 2025 11 Apr 2025

By Stephen Culp NEW YORK (Reuters) -Wall Street stocks tumbled on Thursday on mounting worries over the economic impact of U.S. President Donald Trump’s multi-front tariff war. All three major U.S. stock indexes suffered steep losses, forfeiting much of the previous session’s gains as growing concerns over the escalating Washington-Beijing trade face-off dampened optimism over …

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TSX ends 3% lower as tech and energy shares slide

10 Apr 2025 10 Apr 2025

By Fergal Smith (Reuters) – Canada’s main stock index gave back much of the previous day’s sharp gains on Thursday as concern grew that the global trade war could derail economic growth, with energy and highflying technology stocks among the biggest decliners. The Toronto Stock Exchange’s S&P/TSX composite index ended down 712.16 points, or 3%, …

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Trump tariff pause does not change fundamentals for a Fed that sees risks ahead

10 Apr 2025 10 Apr 2025

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – President Donald Trump’s pause on some announced import taxes may have eased the stress building in financial markets for now, but leaves in place the same set of circumstances that had reset the U.S. economic outlook with rising recession risks and potentially rising inflation. Major tariffs …

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Trump’s tariff pause does little to lower overall tariff rates, Yale researchers say

10 Apr 2025 10 Apr 2025

(Reuters) – U.S. President Donald Trump’s rollback of some of the steep tariffs he has imposed has done little to lower the average import duty rate from the elevated levels to which his wave of levies had driven them, researchers from Yale University said on Thursday. Trump on Wednesday unveiled a 90-day pause on the …

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European shares notch best day in over three years after Trump’s tariff pause

10 Apr 2025 10 Apr 2025

By Sukriti Gupta, Medha Singh and Lisa Pauline Mattackal (Reuters) -European shares jumped on Thursday, with most indexes recording their biggest one-day gains since 2022, after U.S. President Donald Trump’s pause on reciprocal tariffs for most trading partners prompted a huge relief rally following a brutal selloff. The suspension of punishing tariffs on dozens of …

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