Japan's government warned of uncertainty over the impact of U.S. trade policies as tariffs could hurt the global economy but it also said in a monthly report on Friday that the domestic economy was recovering moderately thanks to a solid corporate sector.
U.S. Federal Reserve Chair Jerome Powell is an exemplary central banker, telling the unflattering truth about the U.S. economy and not bowing to political pressure, European Central Bank policymaker Francois Villeroy de Galhau said on Friday.
U.S. Federal Reserve Chair Jerome Powell is an exemplary central banker, telling the unflattering truth about the U.S. economy and not bowing to political pressure, European Central Bank policymaker Francois Villeroy de Galhau said on Friday.
Dubai, United Arab Emirates, April 18, 2025 -- Relm Insurance - the only insurer dedicated to emerging sectors - and Liva Insurance, a leading insurance provider operating across the GCC, today announced UAE Central Bank approval for their dedicated multi-line insurance solution for WEB3 businesses - SIGMAWEB3, and its tailored version for VARA-regulated companies, SIGMAWEB3 VARA.
The inflation risk from trade tensions seems weak and could even be on the decline, European Central Bank policymaker Francois Villeroy de Galhau said on Friday. Speaking to the Boursorama website, Villeroy, who is also head of the Bank of France, said: "This inflation risk seems rather low.
China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, but markets are wagering on more stimulus being rolled out soon in the face of an escalating Sino-U.S. trade war.
China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, but markets are wagering on more stimulus being rolled out soon in the face of an escalating Sino-U.S. trade war.
Bank of Japan Governor Kazuo Ueda said on Friday the central bank will keep raising interest rates if underlying inflation accelerates toward its 2% target, as it projects. But Ueda told parliament the BOJ will scrutinise "without pre-conception" whether the economy will move in line with its forecasts given uncertainty over the impact of U.S. tariffs.
Japan's core inflation accelerated in March due to persistent rises in food costs, data showed on Friday, complicating the central bank's task of weighing mounting price pressures against risks to the economy from higher U.S. tariffs.
U.S. stock futures trade mixed in a choppy session on Thursday night, amid President?Donald Trump?s?reassurance of a trade deal with Europe and China in the afternoon, following a fresh jab at Federal Reserve chair Jerome Powell for not cutting interest rates.
Traders saw the all-clear on Thursday from the European Central Bank to bet on even steeper interest rate cuts ahead, confident the central bank will ease policy further if trade tensions dent a fragile economy.
* March core CPI rises 3.2% yr/yr, matches forecast. * Index excluding fresh food, fuel up 2.9% yr/yr in March. * Core inflation exceeded BOJ target for 36 consecutive months. * BOJ chief Ueda says pressure from rising food costs to dissipate. * Data comes ahead of BOJ's policy meeting April 30-May 1. By Leika Kihara.
* March core CPI rises 3.2% yr/yr, matches forecast. * Index excluding fresh food, fuel up 2.9% yr/yr in March. * Data comes ahead of BOJ's policy meeting April 30-May 1. By Leika Kihara.
Japan is "deeply concerned" about global economic fallout from U.S. President Donald Trump's trade tariffs, Finance Minister Katsunobu Kato said on Thursday in the government's strongest warning yet as the two nations began trade talks.
KBRA assigns a AA, Stable Outlook to University of North Texas System Board of Regents Revenue Financing System Refunding and Improvement Bonds Series 2025A and RFS Taxable Refunding and Improvement Bonds Series 2025B. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade.
* BANK OF CANADA TO AUCTION C$3 BILLION OF 3.5% BONDS DUE 2057 ON APRIL 23. * BANK OF CANADA TO AUCTION C$5.25 BILLION OF 2.75% BONDS DUE 2030 ON APRIL 24 Source text: https://www.bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/nominal-bonds/
The Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday, proposing to average results over two years in setting capital requirements. The central bank also proposed giving banks three more months to adjust to the capital requirements set by the exam, as part of its overarching bid to make the process more transparent and less volatile.
The Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday, proposing to average results over two years in setting capital requirements. The central bank also proposed giving banks three more months to adjust to the capital requirements set by the exam, as part of its overarching bid to make the process more transparent and less volatile.
* Wall St stocks muted; UnitedHealth (UNH), Google drag. * Gold pulls back from record high, oil up ~3% * Dollar edges higher, Treasury yields rise. * ECB cuts rates by 25 basis points as expected. By Lawrence Delevingne, Amanda Cooper.
Netflix (NFLX) exceeded Wall Street expectations in its quarterly earnings report and offered a bullish revenue outlook on Thursday, signaling confidence amid the economic uncertainty surrounding President Donald Trump's erratic tariff plans.
Personal finance expert Ramit Sethi is sharing his tips and advice for investors in the wake of tariffs from President Donald Trump weighing on the markets and the minds of Americans. The author, best known for the book "I Will Teach You to Be Rich," recently said that increasing savings is one of the most important things?people can do given the current macroeconomic concerns.
President Donald Trump has privately discussed firing Federal Reserve Chair Jerome Powell for months and talked about it with former Fed Governor Kevin Warsh, including the possibility of then selecting Warsh as Powell's replacement, the Wall Street Journal reported on Thursday.
Responses to an MSRB request for comment indicated broad support for an option designed to modernize delivery of municipal fund securities disclosure documents, but there was less unanimity regarding the need for a stand-alone time of trade disclosure rule.
-President Donald Trump has privately discussed firing Federal Reserve Chair Jerome Powell for months and talked about it with former Fed Governor Kevin Warsh, including the possibility of then selecting Warsh as Powell's replacement, the Wall Street Journal reported on Thursday.
President Donald Trump has privately discussed firing Federal Reserve Chair Jerome Powell for months and talked about it with former Fed Governor Kevin Warsh, including the possibility of then selecting Warsh as Powell's replacement, the Wall Street Journal reported on Thursday.
AM Best has downgraded the Financial Strength Rating to B- from B+ and the Long-Term Issuer Credit Rating to ?bb-? from ?bbb-? of PrimeOne Insurance Company, a wholly own subsidiary of PrimeOne Insurance Group.
U.S President Donald Trump said on Thursday that Federal Reserve Chair Jerome Powell's termination "cannot come fast enough", while calling for the U.S. central bank to cut interest rates.
The lawsuit argues the International Emergency Economic Powers Act that Trump invoked to impose tariffs does not grant the president the ability to unilaterally adopt tariffs on goods imported to the U.S.
Investors pulled $1.258 billion from municipal bond mutual funds in the week ending Wednesday, following?$3.302 billion of outflows the prior week, according to LSEG Lipper data.
* U.S. Treasury yields tick higher amid market calm. * Fed officials see no immediate rate change amid uncertainty. * Trump criticizes Powell, calls for interest rate cuts. * Japan and China increased Treasury holdings in February. By Alden Bentley.
President Donald Trump said on Thursday he believes Federal Reserve chair Jerome Powell will leave his job if Trump asks him to do so, although the U.S. central bank chief himself has said he would not leave if asked by the president. Trump told reporters he was not happy with Powell, saying he has been "too late" to take actions.
International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the U.S. and China both have trade grievances, but the world's two largest economies needed to reduce uncertainty and agree on a fairer, rules-based trading system.
ITS Logistics today released the Q2 ITS Logistics US Distribution and Fulfillment Index, Powered by Cresa. The Producer Price Index, which offers a regional markets overview for warehousing, storage, and related services, showed consistent increase throughout the quarter as well as 7.12% year-over-year growth.
* IMF expects 'significant' consequences from trade reboot. * Reuters poll: economists see chances of US recession over the coming year surging to 45% * IMF warns: 'perceptions matter' By Andrea Shalal.
President Donald Trump said on Thursday he believes Federal Reserve chairman Jerome Powell will leave his job if Trump asks him to do so. Trump told reporters he was not happy with Powell, saying he has been "too late" to take actions.
President Donald Trump said on Thursday he believes Federal Reserve chair Jerome Powell will leave his job if Trump asks him to do so, although the U.S. central bank chief himself has said he would not leave if asked by the president. Trump told reporters he was not happy with Powell, saying he has been "too late" to take actions.
U.S President Donald Trump said on Thursday that Federal Reserve Chair Jerome Powell's termination "cannot come fast enough", while calling for the U.S. central bank to cut interest rates.
* Loonie heads for a weekly gain of 0.1% * Price of oil increases 3.5% * Canadians buy record amount of U.S. shares in February. * Bond yields trade mixed across steeper curve. By Fergal Smith. The Canadian dollar moved closer on Thursday to a recent five-month high against its U.S. counterpart as oil prices rose and one day after the Bank of Canada paused its interest rate cutting campaign.
With the threat to tax exempt municipal bonds looming in a Congress searching for pay-fors, private activity bonds supporting hospitals and higher education are high on the list of potential first targets.
Traders saw the all-clear on Thursday from the European Central Bank to bet on even steeper interest rate cuts ahead, confident the central bank will ease policy further if trade tensions dent a fragile economy.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.83%. ?The 30-year fixed-rate mortgage ticked up but remains below the?7% threshold for the thirteenth consecutive week,? said Sam Khater, Freddie Mac?s Chief Economist.
U.S. Treasury Secretary Scott Bessent has repeatedly cautioned White House officials against attempting to fire Federal Reserve Chair Jerome Powell, saying this would risk destabilizing financial markets, Politico reported on Thursday, citing two unnamed sources.
* U.S. Treasury yields mixed amid market calm. * Fed officials see no immediate rate change amid uncertainty. * Trump criticizes Powell, calls for interest rate cuts. * Japan and China increase Treasury holdings in February. By Alden Bentley.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.