Consumer spending was weaker than expected again in February, while he chose the main inflation scale, in a double noise of the American economy before the definitions.
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(Bloomberg) – Consumer spending was weaker than expected again in February, while he chose the main inflation scale, in a double uproar of the American economy before the definitions.
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The markets and world leaders are preparing next week, when President Donald Trump planned to offer the definitions called “Liberation Day” on April 2. It has already imposed some drawings on Canada, whose economic growth stopped in February after a strong start for the year.
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Below are some of the plans that appeared on Bloomberg this week about the latest developments in the global economy, markets and political geography:
United States and Canada
The inflationary consumer spending increased by 0.1 %, in the low end of economists' estimates, after the recession in January, analysts blamed bad weather. The alleged basic personal consumption expenses index, which excludes food and energy elements, increased by 2.8 % from last year, and remains ranging higher than the Federal Reserve of 2 %.
Trump seemed to invent a new weapon of economic government on Monday by threatening what he called “secondary tariff” over countries that buy oil from Venezuela to strangle its oil trade with other countries. The novel's approach adds to a growing list of weapons that Trump was keen to deploy as part of a batch to use America's economic influence as a financial lever in achieving the goals of foreign and local policy.
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The fluctuations in the stock market launched by concerns about the trade war that turned Trump's speed threatens one of the main growth engines of the American economy: spending by high income people.
The Trump administration has already been a tariff on some of the products that the United States buys from Canada, and expects more expected fees in the coming weeks – if it is sustainable – the economy is likely to be drowned in recession. With the increased revenge definitions in Canada, which raises import prices, there is a risk that inflation may rise above the upper target of the bank of 3 %.
Europe
Retail sales in the United Kingdom increased strongly since the beginning of 2025 in a sign that families have begun to spend a degree of savings that they built last year. Home commodity sales climb up approximately 7 %, the largest increase since April 2021. Jewelry, watches and clothes have also been seen in demand.
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German business optimism has risen to the highest level since June 2024, as Frederich Mirz's advisor is preparing hundreds of billions of euros from spending to modernize the economy. The horizons of the largest economy in Europe have improved after last month elections and Mirz pledged to fill the infrastructure and the army in Germany.
France's budget deficit for 2024 was narrower than expected, giving the government to breathe space because it is struggling to reduce the debt burden.
Asia
People familiar with this issue said that India has retracted us to reduce import duties on agricultural goods and significantly reduce other barriers.
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The blatant government in Austmantly revealed an unexpected tax reduction and extending energy discounts in the pre -election budget designed to calm voters ’fears of the costs of living and assist in securing Prime Minister Anthony Albaniz in his second position in his position.
The main inflation scale in Singapore continued to retreat from the previous month with the slowdown in food, entertainment and culture.
Emerging markets
Mexico has reduced borrowing costs by half a point Thursday, as inflation continues to slow down and the country's economy faces more US tariffs. Pancico, as known to the Central Bank, reduces borrowing costs to 9 %, providing a reduction in a row after months of smaller monetary policy modifications.
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Zambia's economy grew more than expected last year, with estimates by the government and the International Monetary Fund. Production was moved by a recovery in the agricultural sector, where the southern African nation recovered from its worst drought in more than a century, and a strong performance by the mining industry.
world
Norway has been late to reduce the communication rate for a long time until later this year, while the central banks in the Republic of Hungary, the Czech Republic, Sri Lankato, Lezoto and Guatemala have kept borrowing costs unchanged. The Central Bank in Mozambique was reduced to hold an eighth consecutive meeting, while the states of the Central Bank of Africa and Tunisia also reduced. Ghana is raising unexpectedly.
Trump signed a 25 % tariff to implement car imports and pledged to a more severe punishment for the European Union and Canada if they join the forces against the United States.
– With the help of Philip Aldredic, Irina Angel, Maya Averebuch, Rushi Batia, Gabriel Coppola, Joe Dio, Jennifer A. Doulehi, Daniel Flatley, William Horobin, Tomboy, Tombik, Tombik. Zoe Shenis, Sharhoti Servastava, Randy Thanagan Knight, Alexander Weber, Ben Westcott, Alex Vasquez and Josh Winjov.
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