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The IMF on Tuesday slashed its economic forecasts for the U.S., China and most countries and warned that more trade strife would further slow growth. It forecast global growth of 2.8% for 2025,.
Manuel
Under the blueprint, US negotiators will use a template that lays out common areas of concern to help guide the discussions.
Manuel
Cryptocurrencies have jumped this week as trade tensions eased around the world. The tensions didn't technically have anything to do with cryptocurrencies, but they certainly impact the value of tokens.
Manuel
He urged the Fed to stop relying on "data dependence" to guide its decisions, and on forward guidance to let the public know where rates may be headed.
Manuel
With the S&P 500 on pace for a solid week of gains, the U.S. benchmark index has pared its recent slide by about half but remains down some 10% from its February record high.
Manuel
In his first public appearance as SEC chairman, Paul Atkins opened the latest crypto roundtable in the agency's Washington headquarters.
Manuel
Donohoe said he was confident the EU would remain unified in its dealings with the U.S. EU Commissioner for the Economy Valdis Dombrovskis is due to meet with U.S. Treasury Secretary Bessent on Friday.
Manuel
Bitcoin surged past $95,000 for the first time since February, fueled by strong inflows into ETFs and a growing store-of-value narrative, while stocks remained mostly flat amid cautious market sentiment.
Adam
The dollar is set for its first weekly gain since March as US-China trade tensions show signs of easing, though uncertainty remains; other major currencies saw limited moves amid cautious sentiment.
Adam
FILE PHOTO: Japan's Finance Minister Katsunobu Kato speaks during an interview with Reuters in Tokyo · Reuters By Leika Kihara W
Thomas
Trump keeps attacking Federal Reserve Chair Jerome Powell over interest rate policies, raising concerns about Fed independence and market stability, despite later softening his stance under political and economic pressure.
Adam
Secretary of State Marco Rubio has appointed a former member of his Senate staff who primarily has experience as a business consultant as the U.S. State Department's top official for Europe, according to an internal email sent on Friday seen by Reuters and two officials.
Kevin Du
Martin Schlegel, the head of the Swiss National Bank (SNB), has rejected the idea of diversifying the country's reserves with Bitcoin, Reuters reports.
Michelle Reid
Bank of England rate-setter Megan Greene said history shows the US dollar has often rebounded during periods of economic strife as she highlighted the importance of exchange-rate movements for UK monetary policy.
Thomas
Shares of Tesla (TSLA 8.32%) are climbing on Friday. The electric vehicle (EV) maker's stock had gained 8.7% as of noon ET.
Grace Montgomery
Natural gas prices are falling due to bearish inventory data, weak weather-driven demand, and strong renewable output, with technical signals suggesting further downside toward the $2.199 support level.
Adam
Warnings from CEOs and advisers about tariffs and firing Powell prompted Trump to soften his stance, calming markets. Stocks rallied but uncertainty remains over trade with China and economic stability.
Adam
Despite rising US bond yields amid trade tensions and uncertainty, Wall Street remains calm, viewing the moves as a reflection of higher term premiums and market adjustments, not a loss of confidence.
Adam
A day after the meeting between the President of the European Commission, Ursula von der Leyen, and UK Prime Minister Keir Starmer, the UK finance minister said that trade relations with the EU may take precedence over those with the US.
Warren Takunda
Bank of England policymaker, Megan Greene, expressed her concerns about weak growth and the potential impact of U.S. tariffs on the UK’s inflation during a discussion with the Atlantic Council think tank.
Patricia Franklin