News
Dollar stuck in narrow band as traders eye Middle East, US data
7+ hour, 41+ min ago (665+ words) By Stefano Rebaudo and Satoshi Sugiyama June 2 (Reuters) " The dollar traded in a tight range on Tuesday as investors watched for progress on a potential deal to reopen the Strait of Hormuz, while awaiting key U. S. economic data later in the…...
Analysis-Euro zone firms struggle to raise prices despite Iran war shock
11+ hour, 38+ min ago (979+ words) By Francesco Canepa and Rob Lang FRANKFURT, June 2 (Reuters) " Only a third of the euro zone's largest companies have indicated they are raising prices in response to the Iran war, a Reuters analysis of listed corporate earnings commentary shows, suggesting…...
Australian government spending flat in Q1, no boost to GDP
15+ hour, 24+ min ago (108+ words) SYDNEY, June 2 (Reuters) " Australian government spending was flat in "the first "quarter, data showed on Tuesday, offering no impetus to economic growth "early "in the "year after "a run of strong outcomes. Spending on operational items fell 0. 2% "in the March…...
India's 2025/26 fiscal deficit at 4. 4%, in line with government estimates
1+ day, 5+ hour ago (170+ words) June 1 (Reuters) " India's fiscal deficit stood at 4. 4% of the gross domestic product for "the year ended March "31, 2026, data showed on Monday, in line with government's revised estimates. The deficit was at 15. 19 trillion rupees ($159. 91 "billion), "or 97. 5% of the "government's revised estimates…...
India GDP growth likely eased in January-March quarter on softer external demand: Reuters poll | WTAQ News Talk | 97. 5 FM " 1360 AM | Green Bay, WI
1+ day, 10+ hour ago (479+ words) BENGALURU, June 1 (Reuters) " India's economic growth likely eased to 7. 2% in the first quarter of 2026, according to a Reuters poll of economists, as weakening external demand and softer industrial activity offset strong government spending and resilient "agricultural growth. A series of…...
German unemployment falls unexpectedly in May
4+ day, 9+ hour ago (258+ words) By Maria Martinez and Friederike Heine BERLIN, May 29 (Reuters) " The number of unemployed people in Germany fell unexpectedly in May, labour office figures "showed on Friday, but the office warned "that this was due to a one-off effect. In seasonally…...
Bessent argues US was "asleep" on economic security, Trump policies waking it up
4+ day, 4+ hour ago (431+ words) May 28 (Reuters) " U. S. Treasury Secretary Scott Bessent will argue on Friday that President Donald Trump's economic policies are helping to reverse decades of policy failures that left U. S. supply chains vulnerable and its economy too dependent on adversaries including China. In "prepared…...
Fed's Williams reiterates rate policy is in right place given outlook
4+ day, 20+ hour ago (399+ words) NEW YORK, May 28 (Reuters) " Federal Reserve Bank of New York President John Williams said on Thursday central bank monetary policy is in the right place given the outlook, adding he "expects inflation to be high in the near term with…...
Brazil's central bank will not let higher inflation expectations take hold, says director
4+ day, 20+ hour ago (272+ words) BRASILIA, May 28 (Reuters) " Brazil's central bank will not allow higher inflation expectations to translate into actual inflation, monetary policy director Nilton "David said on Thursday, stressing policymakers have full "scope to act on price pressures through 2028. Speaking in Sao Paulo…...
Core inflation in Tokyo slows, stays below BOJ goal
4+ day, 17+ hour ago (334+ words) TOKYO, May 29 (Reuters) " Annual core inflation in Japan's capital hit 1. 3% in May, data showed on Friday, staying below the central bank's 2% target for a "fourth straight month as fuel and education subsidies offset "rising raw material costs from the U. S. -Israeli…...