Reuters US Economy

Brazil’s economy grows 3.4% in 2024 but year-end weakness signals fewer rate hikes

By Marcela Ayres BRASILIA (Reuters) -Brazil’s economy grew 3.4% in 2024, the strongest since the post-pandemic rebound, but momentum slowed more than expected in the fourth quarter as restrictive monetary policy weighed on activity, fueling bets of an earlier end to the rate hike cycle. The annual growth of Latin America’s largest economy, reported on …

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Both upside and downside risks for Swedish inflation, Riksbank’s Breman says

STOCKHOLM (Reuters) – There are upside and downside risks for inflation in Sweden and the central bank has to be watchful and ready to act if needed, Riksbank First Deputy Governor Anna Breman said on Friday after data this week showing an uptick in price pressures. “We need to be prepared to act and at …

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World food prices rose in February on back of sugar rush, UN’s FAO says

ROME (Reuters) – Global food commodity prices rose in February, driven by higher sugar, dairy, and vegetable oil prices, the Food and Agriculture Organization (FAO) of the United Nations said on Friday. The FAO Food Price Index, which tracks monthly changes in international prices of globally traded food commodities, averaged 127.1 points last month, up …

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France looking at option of defence loan

PARIS (Reuters) – A budget-constrained France could launch a national loan to fund plans to beef up its defence spending, Prime Minister Francois Bayrou and Finance Minister Eric Lombard said on Friday. European countries are hastening to boost defence spending and maintain support for Ukraine after President Donald Trump froze U.S. military aid to Kyiv …

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Taiwan Feb exports beat forecasts as chip demand jumps before feared Trump tariffs

By Faith Hung and Emily Chan TAIPEI (Reuters) – Taiwan’s exports rose more than expected in February as demand for artificial intelligence related technologies got a boost from buyers trying to get ahead of new tariffs proposed by U.S. President Donald Trump. Exports rose 31.5% compared to the same month a year ago to $41.31 …

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China’s imports tumble as demand skids, trade war heats up

By Joe Cash BEIJING (Reuters) -China’s imports unexpectedly shrank over the January-February period, while exports lost momentum, as escalating tariff pressures from the United States cast a shadow over the recovery in the world’s second-largest economy. The first two months of the year saw the opening salvo of a renewed U.S.-China trade war, with U.S. …

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