Argentina says March trade deficit was $941 mln
BUENOS AIRES, April 25 Argentina registered a trade deficit of $941 million in March, the government's statistics agency Indec said on Tuesday, compared with a deficit of $274 million a year earlier.
FRANKFURT Feb 15 The European Central Bank will not use the euro's impact on inflation alone as grounds for taking monetary policy decisions, ECB policymaker Jens Weidmann said, adding that he feared a "politicization" of exchange rates.
In an interview with Bloomberg, Weidmann added that the euro's exchange rate was broadly in line with fundamentals and that the ECB would abstain from manipulating or directly targeting the currency's level.
The euro's strength "is one factor among many in determining future inflation rates", Weidmann, who heads Germany's Bundesbank said in the interview conducted on Feb. 13.
He added: "We will certainly not justify any monetary policy decision with one single factor".
WASHINGTON, April 25 U.S. consumer confidence fell from a more than 16-year high in April, but a surge in new home sales to an eight-month high last month suggested underlying strength in the economy despite an apparent sharp slowdown in growth in the first quarter.