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On the horns of an inflation-growth dilemma, Fed Chair Powell to speak at Harvard

CAMBRIDGE, Mass., March 30 (Reuters) - Federal Reserve Chair Jerome Powell speaks on Monday at an introductory macroeconomics class at Harvard University, where his remarks will draw scrutiny for how he may answer the classic textbook question: how does a central bank respond ‌to a shock that simultaneously feeds inflation and slows the economy?The Fed may face just that dilemma as the Iran war enters its fifth week and U.S. gasoline prices rise to around $4 a gallon.

2 hours ago

Fed's faith in anchored inflation expectations may be coming under stress

WASHINGTON, March 30 (Reuters) - Federal Reserve officials eager to keep inflation psychology in check and maintain control over prices face a challenge as household expectations rise alongside the cost of gasoline and doubt edges into bond markets in the form of rising yields on U.S. Treasury securities.

3 hours ago

Sterling slides to more than 3-week low against euro, drops vs dollar

March 30 (Reuters) - Sterling slid to its weakest level in more than three weeks against the euro and was on track for a fifth consecutive daily loss versus the dollar, as investors fretted about the impact of the Iran war on the ‌British economy.

3 hours ago

Global bond prices set for biggest monthly fall in years as Iran war stokes stagflation fears

SINGAPORE/LONDON, March 30 (Reuters) - Global government bond prices were set for their biggest monthly fall in years as investors weighed the risks from a prolonged war in the Middle East on inflation and growth.As ‌market focus shifts towards the economic fallout of the conflict, now entering its second month, the selling in rate-sensitive short-dated bonds is starting to abate.But bond markets from the U.S. to Europe and Asia were still nursing heavy losses.

3 hours ago

Russia to introduce ban on gasoline exports from April 1, govt says

MOSCOW, March 27 (Reuters) - Russian Deputy Prime Minister Alexander Novak on Friday instructed the energy ministry to draft a resolution banning gasoline ‌exports from April 1, the Russian government said.

Mar 27, 2026 - 2:53 PM

Canadian dollar extends weekly decline as investors favor safe havens

TORONTO, March 27 (Reuters) - The Canadian dollar weakened to ‌a two-month low against its U.S. counterpart on Friday, as investors awaited signs of de-escalation in the Middle East war, which has helped drive safe-haven demand for the greenback.The loonie was trading 0.1% lower at 1.3875 per U.S. dollar, or 72.07 U.S. cents, after touching its weakest intraday ⁠level since January 19 at 1.3884. For the week, the currency was down 1.1%, putting it on track for its third straight weekly decline.

Mar 27, 2026 - 2:52 PM

Services firms feel the squeeze as oil rally from Iran war fails to spur drilling

March 27 (Reuters) - Global oilfield services companies are bracing for a hit to earnings as the Iran war disrupts energy infrastructure across the Middle East and producers hold back on new drilling until higher oil prices prove durable.Surging commodity prices - the Brent benchmark is up 53% since February 27, the day before the ‌U.S. and Israel launched strikes against Iran - typically make oil and gas projects more profitable, boosting demand for rigs and crews.

Mar 27, 2026 - 2:11 PM

Fed's Paulson says Iran war increases risks to growth, inflation

NEW YORK, March 27 (Reuters) - Philadelphia Federal Reserve President Anna Paulson said on Friday the Iran war is creating challenges for the U.S. economy, while stopping short of saying what ‌that might mean for near-term changes in monetary policy."The conflict in the Middle East has created new risks to both inflation and growth," Paulson said in the text of a speech to be delivered at an event held by the San Francisco Fed.

Mar 27, 2026 - 12:51 PM

US consumer sentiment slips to a three-month low in March

WASHINGTON, March 27 (Reuters) - U.S. consumer sentiment eased to a three-month low in March as war in the Middle East boosted oil prices and unleashed volatility on financial ‌markets, raising concerns about the economy's prospects, a survey showed on Friday.The University of Michigan's Surveys of Consumers said its Consumer Sentiment Index dropped to a final reading of 53.3 this month, the lowest reading since December, ⁠from 55.5 earlier. Economists polled by Reuters had forecast the index easing to 54.0. It was at 56.6 in February.

Mar 27, 2026 - 12:09 PM

Canada budget deficit over first ten months of 2025/26 rises to C$31.21 bln

OTTAWA, March 27 (Reuters) - Canada recorded a higher C$31.21 billion ($22.53 billion) budget deficit for the first ten months of ‌the 2025/26 fiscal year as government expenditures grew faster than revenues, the finance ministry said on Friday.

Mar 27, 2026 - 11:17 AM

Canada February wholesale trade most likely up 2.3% - Statscan flash estimate

March 27 (Reuters) - Canadian wholesale trade most likely rose 2.3% ‌in February from January, largely driven by higher sales in the motor vehicle ⁠and motor vehicle parts and accessories subsector, Statistics Canada said in a flash estimate on Friday.The estimate was calculated based ‌on ⁠a weighted response rate of 72.0%. The average weighted response rate ⁠for the survey over the previous 12 months ⁠has been 82.2%.NOTE: All figures are ⁠seasonally adjusted.

Mar 27, 2026 - 10:17 AM

Pound heads for biggest monthly loss against the safe-haven dollar since October

LONDON, March 27 (Reuters) - The pound fell for a fourth day on Friday, as it headed for its weakest monthly performance against the dollar since October, as fears of a global energy shock from the Middle East war have driven investors into the U.S. ‌currency as a safe haven.

Mar 27, 2026 - 9:46 AM

ASIA GOLD Gold demand improves in India as prices ease; China sees softer buying

March 27 (Reuters) - Gold demand in India saw a slight ‌uptick this week as softer bullion prices attracted some buyers, though many remained cautious and held off for further price drop, while premiums in China narrowed as physical demand slowed.Bullion dealers in India offered discounts of up to $61 per ounce over official domestic gold prices this week, down from as much as $75 last week. These prices include 6% import duty and 3% sales tax.

Mar 27, 2026 - 8:32 AM

TSX futures down as Trump's Hormuz deadline extension brings little relief

March 27 (Reuters) - Futures tied to Canada's main stock index edged lower on Friday as uncertainty around a resolution to the Middle East conflict kept investors on edge, though gains in ‌oil and gold prices capped losses in the resource-heavy market.June futures on the S&P/TSX Composite Index were down 0.2% as of 06:26 a.m. ET (1026 GMT).U.S. President Donald Trump extended his deadline for Iran to reopen the Strait of Hormuz to April 6, ⁠after which he has said the Middle Eastern country will face attacks on its energy infrastructure.

Mar 27, 2026 - 7:28 AM

US stock futures subdued as Iran strike delay offers limited relief

March 27 (Reuters) - U.S. stock index futures were muted on Friday even as investors assessed prospects ‌of de-escalation in the Middle East after another delayed deadline for U.S. strikes on Iran's energy infrastructure.U.S. President Donald Trump said on Thursday he would again extend a deadline for Iran to reopen the Strait of Hormuz or face the destruction of its energy plants, after Tehran earlier rejected a 15-point U.S. proposal to end the fighting.

Mar 27, 2026 - 7:26 AM

Wall St Week Ahead US jobs data to give economic view for war-gripped markets

NEW YORK, March 27 (Reuters) - Next week's U.S. employment report headlines a fresh batch of economic data for stock investors, who also will closely follow developments in an Iran war that is entering its second month.

Mar 27, 2026 - 7:24 AM

Fed's Miran lays out path to shrink central bank balance sheet further

NEW YORK, March 26 (Reuters) - Federal Reserve Governor Stephen Miran on Thursday said reducing the financial system's demand for high levels of liquidity could allow the central bank to substantially cut the size of its still large balance sheet and facilitate an easier stance of monetary policy than would ‌otherwise be the case.“Shrinking the size of the balance sheet is desirable” and those who say it can’t happen “simply lack imagination,” Miran said in the text of a speech to be delivered before the Economic Club of Miami.

Mar 26, 2026 - 6:45 PM

Reuters

Latest

Gold gains for second straight session, yet set for monthly fall

Germany cuts silver content in euro collector coins as prices gyrate

US stock futures rise after recent selloff, Mideast conflict widens

On the horns of an inflation-growth dilemma, Fed Chair Powell to speak at Harvard

Fed's faith in anchored inflation expectations may be coming under stress

Sterling slides to more than 3-week low against euro, drops vs dollar

Global bond prices set for biggest monthly fall in years as Iran war stokes stagflation fears

Russia to introduce ban on gasoline exports from April 1, govt says

Canadian dollar extends weekly decline as investors favor safe havens

Services firms feel the squeeze as oil rally from Iran war fails to spur drilling

Fed's Paulson says Iran war increases risks to growth, inflation

US consumer sentiment slips to a three-month low in March

Canada budget deficit over first ten months of 2025/26 rises to C$31.21 bln

Canada February wholesale trade most likely up 2.3% - Statscan flash estimate

Pound heads for biggest monthly loss against the safe-haven dollar since October

ASIA GOLD Gold demand improves in India as prices ease; China sees softer buying

TSX futures down as Trump's Hormuz deadline extension brings little relief

US stock futures subdued as Iran strike delay offers limited relief

Wall St Week Ahead US jobs data to give economic view for war-gripped markets

Fed's Miran lays out path to shrink central bank balance sheet further

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