By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Canada's Inflation Eases to 2.8% in June as Gas Prices Drop, Core Pressures Persist
Canada's annual inflation rate eased to 2.8% in June, down from 3.2% in May, as cheaper gasoline pulled down the headline number. Core infla
Canada's June Inflation Slows to 2.8% as Gas Prices Drop, but Middle East Tensions Loom
Canada's inflation rate cooled to 2.8% in June, mainly due to a sharp drop in gasoline prices. Core inflation measures also eased, but risin
India's Core Infrastructure Output Hits 5% in June, Fastest in Five Months
India's core infrastructure output grew 5% year-on-year in June, the quickest pace in five months. The new index, based on 2022-23, showed i
Canada's June CPI Expected to Hold at 3.2% as Gas and Travel Costs Ease
Scotiabank expects Canada's June inflation to hold steady at 3.2% year-on-year, with lower gasoline and travel costs offsetting seasonal pri
Poland's Factory Output and Wages Beat Forecasts, But Rate Cut Hopes Remain
Poland's June factory output and wages both beat expectations, but economists still expect the central bank to cut interest rates later this
Palm Oil Futures Jump as Brent Crude Surges Past $90 on Strait of Hormuz Tensions
Palm oil futures in Malaysia opened higher Monday, tracking a sharp jump in crude oil prices. Brent crude surged past $90 a barrel as geopol
World Cup Boost Fails to Lift Mexico's Sluggish Economy as USMCA Uncertainty Looms
Mexico's World Cup co-hosting generated a short-lived tourism boost, but the economy remains sluggish with a 0.6% Q1 contraction. The outloo
Fed Hawk Hammack Signals Possible Rate Hike as Inflation Stays Stubborn
Cleveland Fed President Beth Hammack has floated the possibility of another interest rate hike, even as markets expect rates to hold steady
Oil Surges Past $86 as Middle East Shipping Risks Intensify, Diesel Margins Hit Record
Brent crude topped $86 a barrel as new security threats in the Middle East raised the risk of shipping disruptions through the Strait of Hor
US Consumer Sentiment Hits Five-Month High, But Rising Gas Prices Threaten Recovery
Consumer sentiment hit a five-month high in July, but the mood boost may be short-lived as rising gas prices from Middle East tensions threa
Consumer Sentiment Rises in July, But Gas Price Spike Could Reverse Gains
US consumer sentiment improved more than expected in July, but the survey timing raises doubts. Most responses came before gas prices surged
US Factory Output Stalls in June as Mining and Utilities Prop Up Industrial Production
US factory output stalled in June, with overall industrial production rising just 0.1% as mining and utilities did the heavy lifting. Capaci