Reuters US Economy

BOJ policymaker warns of trade policy risks, looks to tankan for guidance

By Makiko Yamazaki and Takaya Yamaguchi TOKYO/SHIMONOSEKI (Reuters) -Bank of Japan board member Junko Nakagawa said on Thursday that persistent uncertainty stemming from U.S. tariff policies could weigh on business and household sentiment, exerting a potential drag on the Japanese and global economy. Despite a trade agreement reached between Japan and the United States and …

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Explainer-What role do farm products have in US-China trade deal?

By Ella Cao, Naveen Thukral and Lewis Jackson BEIJING/SINGAPORE -Grains traders globally are closely watching talks between the United States and China for signs of progress on agricultural tariffs, a key test for American farmers to regain a foothold in their top export market. Senior Chinese trade negotiator Li Chenggang is visiting Washington this week …

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Thai factory output drops more than forecast in July as car production slumps

BANGKOK (Reuters) -Thailand’s manufacturing production index in July dropped for the first time in four months to reach its lowest level in nearly two years, the industry ministry said on Thursday, weaker than forecast after falling car production. The MPI contracted 3.98% in July from a year earlier, versus a forecast year-on-year fall of 1.1% …

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Brazil central bank chief flags still sluggish convergence of inflation expectations

BRASILIA (Reuters) -Brazil’s central bank chief Gabriel Galipolo emphasized on Wednesday the need to keep interest rates at a restrictive level, citing a slow convergence of inflation expectations toward the official target. Speaking at an event in Sao Paulo hosted by vehicle distributor group Fenabrave, Galipolo said policymakers have consistently signaled that the benchmark Selic …

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London markets end slightly lower as markets assess Fed autonomy concerns

(Reuters) -London stocks ended marginally lower on Wednesday, bogged down by heavyweight financial stocks as investors monitored the concerns around the U.S. Federal Reserve’s independence. The blue-chip FTSE 100 finished the day 0.1% lower, extending Tuesday’s losses when global risk assets took a hit after U.S. President Donald Trump said he was firing Federal Reserve …

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Russia slashes 2025 economic growth forecast to 1.5% from 2.5%

By Guy Faulconbridge and Darya Korsunskaya MOSCOW (Reuters) -Russia sees economic growth in 2025 slowing to 1.5%, far below the earlier 2.5% forecast, as high interest rates imposed to reduce inflation have stifled borrowing, Finance Minister Anton Siluanov told President Vladimir Putin on Wednesday. Russia’s war economy grew robustly at 4.1% in 2023 and 4.3% …

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German consumer sentiment dips in September on job loss concerns, finds GfK

By Miranda Murray BERLIN (Reuters) -Sentiment among German consumers is expected to fall for the third time in a row in September, with households’ growing concerns about possible job losses and uncertainty about inflation weighing on the mood, a survey showed on Wednesday. The consumer sentiment index, published by the GfK market research institute and …

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