Global Markets Rise as Trump's One-Month Tariff Exemption Lifts Automakers
Stock markets tracked Wall Street higher Thursday with automakers leading the way after Trump's one-month tariff reprieve for auto imports from Mexico and Canada.
German bonds getting hit again as ECB set to cut rates. What will Lagarde say?
The German bond market is tumbling as the European Central Bank is meeting on interest rates and no one is quite sure what message European Central Bank President Christine Lagarde wants to send.
Trump's Tariffs Are Toughest Since the Depression. The Dangers of 'Beggar Thy Neighbor.'
The Smoot-Hawley Tariff Act of 1930 was repealed after just four years.
Germany, Once a Beacon of Frugality, Jolts Europe With Planned Spending Splurge
Berlin's decision to lift all caps on military spending and binge on infrastructure marks a U-turn for the fiscally conservative country.
Fed Official Says Balance-Sheet Goals May Entail Shorter Portfolio Duration
An official who manages the Federal Reseve's monetary-policy implementation said tweaks to the composition of the central bank's balance sheet could mean the Fed would eventually own relatively more short-term Treasury bills and fewer long-term notes and bonds.
One big takeaway from Trump's speech? He needs a weak dollar.
Even though the U.S. dollar has been sliding on international exchanges for weeks, the president didn't even pay lip service to the idea of a strong greenback - let alone endorse an actual strong-dollar policy - in his speech on Tuesday.
Malaysia's Central Bank Keeps Policy Rate at 3.0%
Malaysia's central bank kept its benchmark interest rate unchanged as expected, citing a balanced outlook on growth and inflation.
China Is Secretly Worried Trump Will Win on Trade
In seeking an accord with U.S., Beijing wants to avoid becoming isolated like the Soviet Union during the Cold War.
Tariff Whiplash Spooks U.S. Consumers
Uncertainty around Trump's trade war is weighing on Americans and causing some to hold back on purchases.
White House Grants One-Month Tariff Exemption for Automakers
The reprieve applies to cars from Canada and Mexico that comply with the free-trade deal between those two countries and the U.S.
(END) Dow Jones Newswires
March 06, 2025 05:00 ET (10:00 GMT)
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