BRUSSELS (Reuters) – A trade war with the United States could have a fleeting impact on euro zone inflation but a far more detrimental effect on economic growth, European Central Bank Vice President Luis de Guindos said on Thursday.The euro zone’s growth...
By Darya Korsunskaya and Gleb BryanskiMOSCOW (Reuters) – Russian President Vladimir Putin urged his economic officials on Tuesday not to freeze the Russian economy as if it were in a “cryotherapy chamber” with their tight monetary policy ahead of...
By Darya Korsunskaya and Alexander Marrow(Reuters) -Soaring government spending pushed Russia’s budget deficit to 2.70 trillion roubles ($31.45 billion) in the first two months of 2025, the finance ministry said on Tuesday, adding that low oil prices could...
By Andrea ShalalWASHINGTON (Reuters) -White House economic adviser Kevin Hassett on Monday said he expected uncertainty about President Donald Trump’s trade policies to be resolved next month, and predicted first quarter GDP data would be positive, albeit...
BEIJING (Reuters) – China’s central bank vowed on Thursday to provide strong financial support for the healthy development of private economy and the growth of private enterprises.The People’s Bank of China will further smooth the channels for stock,...
By Rishav Chatterjee(Reuters) – Short positions on all Asian currencies were at multi-month lows on Thursday, as analysts shrugged off fears around the potential of an extended global trade war and factored in a boost in appetite towards risk-sensitive...