Reuters US Economy

SAO PAULO (Reuters) – A majority of Brazilians do not believe the government’s package of tax reforms and spending cuts will be enough to address their country’s fiscal deficit, a poll published on Wednesday said. Among respondents who knew about the measures now pending Congressional approval, 68% said they would not be enough to improve …

Most Brazilians don’t see Lula’s fiscal package reducing deficit, poll shows Read More »

SYDNEY (Reuters) – Australia’s central bank is ready to respond “with force” should potential U.S. tariffs hit global trade and threaten growth at home, a top official said on Wednesday, a day after it surprised markets by opening the door to an easing. In a speech in Sydney, Reserve Bank of Australia (RBA) Deputy Governor …

Australia’s central bank ready to respond strongly should US tariffs hit global trade Read More »

MANILA (Reuters) – Developing Asia is likely to grow more slowly than previously thought this year and next, and the outlook could worsen if President-elect Donald Trump makes swift changes to U.S. trade policy, the Asian Development Bank said on Wednesday. Developing Asia, which includes 46 Asia-Pacific countries stretching from Georgia to Samoa – and …

ADB trims developing Asia’s growth forecast, flags US policy risks Read More »

By Makiko Yamazaki TOKYO (Reuters) – Japanese manufacturers’ business sentiment soured further in December amid worries over U.S. protectionist policies and the Chinese economy, with pessimists outnumbering optimists for the first time in 10 months, the Reuters Tankan survey found. The loss of business confidence could cloud the Bank of Japan’s forecast that a solid …

Japan manufacturers’ mood turns negative for the first time in 10 months- Reuters poll Read More »

By Promit Mukherjee OTTAWA (Reuters) -Canada’s Finance Minister Chrystia Freeland declined to say on Tuesday whether the country would achieve its deficit target for the last fiscal year, fueling economists’ expectations that the Liberal government missed its target. Freeland, speaking less than a week before she is due to present a fiscal update in the …

Economists say Canada likely missed deficit target as minister stays silent Read More »

JOHANNESBURG (Reuters) – South African business confidence saw its biggest year-on-year improvement in almost two years in November, boosted by higher tourist numbers, precious metal prices and new vehicle sales, data showed on Tuesday. The South African Chamber of Commerce and Industry said optimism about economic prospects under the coalition government formed this year had …

South Africa business confidence sees biggest jump in nearly two years Read More »

BERLIN (Reuters) – German inflation remained flat at 2.4% in November, the federal statistics office said on Tuesday, confirming preliminary data. (Reporting by Rachel More, editing by Thomas Seythal)