Analysis: Currencies

Fed saw inflation, jobless, stability risks at May meeting, minutes show

WASHINGTON -U.S. Federal Reserve officials at their last meeting acknowledged they could face difficult tradeoffs in coming months in the form of rising inflation alongside rising unemployment, an...

Brazil airline Azul files for Chapter 11 to restructure debt

Brazilian airline Azul on Wednesday filed for Chapter 11 bankruptcy protection in the United States, it said in a securities filing, after months of trying to restructure mostly pandemic-era debt. ...

Minutes of Fed's May meeting likely to show officials grappling with uncertainty

WASHINGTON -The U.S. Federal Reserve at its May 6-7 meeting undercut expectations that it would change its policy interest rate anytime soon, and minutes from that session released on Wednesday may...

Trump's tariff blitz prompts 'firefighting' response from Fed researchers

WASHINGTON/SAN FRANCISCO -U.S. Federal Reserve staffers have scrambled since January to decipher what Trump administration trade policies will mean for the economy, with published tallies of...

Fed's Kashkari calls for steady rates, awaits clarity on tariff impact

TOKYO -Federal Reserve Bank of Minneapolis President Neel Kashkari on Tuesday called for keeping interest rates steady until there is more clarity on how higher tariffs affect inflation, warning...

Currencies: Sell cheap, little-used dollars

The attempt to normalize trade relations has just taken a new turn with the US president's statements on European imports. Unsurprisingly, the tariffs were put on hold as soon as they were mentioned.

Trading Day: Trump shatters tariff calm with new salvo

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Just when a degree of calm appeared to have settled over...

Global equity funds post their biggest weekly outflow in six weeks

Global equity funds have seen weekly outflows for the first time in six weeks, pressured by rising U.S. Treasury yields and mounting concerns over the U.S. debt burden and tax-cut legislation,...

Canada March retail sales rise 0.8%; seen up 0.5% in April

OTTAWA -Canadian retail sales grew by 0.8% in March from February, more than analysts had forecast, and looked set to have increased by 0.5% in April, Statistics Canada data indicated on Friday. ...

Bank of Canada head warns of weak growth if tariff uncertainty persists

BANFF, Alberta -Bank of Canada Governor Tiff Macklem said on Thursday he expected second-quarter growth to be quite a bit weaker than the first quarter, and that it could be worse in subsequent...

Fed's Perli encourages firms' use of Standing Repo Facility

NEW YORK -A Federal Reserve Bank of New York official responsible for implementing monetary policy said on Thursday the central bank is encouraging usage of a key liquidity tool that thus far has...

Russian lawmakers push for right to ignore Western company buyback options

Russian lawmakers are pushing for new rules to give domestic companies the right to ignore any buyback options they agreed with Western firms that left the country, to keep a grip on strategic...

G7 glosses over tariffs, pledges to cut global economic imbalances

BANFF, Alberta -Finance ministers and central bank governors from the Group of Seven democracies papered over their differences on Thursday, pledging to tackle excessive imbalances in the global...

US real earnings stalled across age, income groups in past year, study shows

WASHINGTON -Inflation-adjusted earnings stalled across age and income groups over the past year, while the sometimes rapid wage gains of the COVID-19 era have left workers as a whole little better...

Plan to beef up Fed forecasts hits hurdle among its regional presidents

AMELIA ISLAND, Florida -A proposal for the U.S. Federal Reserve to release detailed economic forecasts after some of its meetings to anchor the discussion of monetary policy is drawing fire from the...

Japan's possible response to rise in super-long bond yields

TOKYO -Japan's super-long government bond yields have spiked to record highs, as mounting political calls for tax cuts and big spending draw investors' attention to the country's fiscal woes. ...

Weak US economic outlook persists despite brief trade truce with China

The outlook for the U.S. economy remains weak despite a temporary cooling of the U.S.-China trade war, a Reuters poll of economists showed, with a debate over the country's fiscal health hanging in...

Canada annual inflation rate falls, but rise in core measures is tricky for central bank

OTTAWA -Canada's annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely watched core measures would make life hard for the Bank of Canada as...

With US and EU deals, Britain embarks on high-risk balancing act

LONDON -Britain's pursuit of trade deals with the European Union and United States, while courting China, has made it a test case for navigating U.S. President Donald Trump's unpredictable new world...