Reuters US Economy

By Philip Blenkinsop BRUSSELS (Reuters) -U.S. President Donald Trump’s tariffs have unleashed an unprecedented burst of free trade agreements and negotiations towards them by partners seeking to offset potential lost exports to the United States. The following is a summary of some of the main action since Trump’s re-election last November. THE EUROPEAN UNION Mercosur …

Factbox-The global race for free trade agreements since Trump’s return Read More »

TOKYO (Reuters) -Japan’s manufacturing activity shrank at the fastest pace in six months in September, with sharper falls in output and new orders, a private sector survey showed on Wednesday. Companies in the survey said soft demand among key markets such as China and U.S. tariffs weighed on business performance. The S&P Global Japan Manufacturing …

Japan’s Sept factory activity falls at fastest pace in six months, PMI shows Read More »

By Marc Jones LONDON (Reuters) -The head of Germany’s powerful Bundesbank has urged Europe to speak up in support of the U.S. Federal Reserve as its independence comes under repeated attack from U.S. President Donald Trump. Speaking in London, Joachim Nagel, described the situation, including Trump regularly calling for interest rate cuts and an ongoing attempt …

ECB’s Nagel urges Europe to back Fed’s independence against Trump Read More »

WASHINGTON (Reuters) -Chicago Federal Reserve President Austan Goolsbee said on Tuesday that U.S. central bankers would have to hunt for alternate data sources to consider at their October 16-17 policy meeting if upcoming government reports on jobs, inflation and other aspects of the economy are suspended because of a government shutdown. The self-funded Fed would …

Fed’s Goolsbee: Will need to turn to other data sources if US reports suspended during shutdown -Fox Business Read More »

CAIRO (Reuters) -Saudi Arabia has projected a fiscal deficit equivalent to 3.3% of gross domestic product for 2026, higher than a previous estimate from the 2025 budget that envisaged a 2.9% deficit for next year. The 2026 deficit is equivalent to 165 billion riyals ($44.00 billion). The ministry estimated the 2025 deficit at 245 billion …

Saudi Arabia expects fiscal deficit of 3.3% of GDP in 2026, finance ministry says Read More »

HELSINKI (Reuters) -Central bankers need to be careful about assuming inflation shocks are temporary and not caused by longer-term structural pressures, Bank of England Deputy Governor Clare Lombardelli said on Tuesday. Lombardelli said at a conference hosted by Finland’s central bank that in the past, central banks had tended not to react to rises in …

Bank of England’s Lombardelli says policy cannot always ignore inflation shocks Read More »

BRASILIA (Reuters) -Brazil’s public finances performed better than expected in August, with debt levels remaining stable and the primary deficit coming in below forecasts, central bank data showed on Tuesday. The gross public sector debt of Latin America’s largest economy stood at 77.5% of gross domestic product (GDP), unchanged from the previous month, while economists …

Brazil’s public finances outperform expectations in August Read More »

RIO DE JANEIRO, Sept 30 (Reuters) – Brazil’s jobless rate remained unchanged at 5.6% in the three months through August, statistics agency IBGE said on Tuesday, in line with market expectations. The median forecast in a Reuters poll projected an unemployment rate of 5.6 percent. (By Sao Paulo Newsroom; tel: +5511 56447500))