Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
US Inflation Stays Hot, Traders Now Bet on Fed Rate Hikes in December and Beyond
October inflation came in hotter than forecast, with core prices rising 0.3%. Traders now fully price in a December Fed rate hike and anothe
UBS sees Canada's growth accelerating but tariffs remain a risk
UBS expects Canada's economy to accelerate from 1.0% growth in 2026 to 1.9% in 2027 and 2.2% in 2028. But the bank warns that US tariff unce
UBS sees Bank of Canada rates climbing to 3.5% by 2028
UBS expects the Bank of Canada to keep hiking rates, reaching 3.0% by January 2027 and 3.50% by end-2028. The bank says lingering inflation
Mauritius central bank hikes key rate to 5% as inflation tops target
Mauritius' central bank raised its key rate to 5.0% after inflation hit 6.4% in October, above its target band. The move signals continued f
China's central bank vows more support to hit growth target
China's central bank says it will step up support for the economy, keeping borrowing costs low and the yuan steady. The move aims to help hi
Japan's panel: 2% inflation alone doesn't end deflation era
Japan's economic policy panel warns that reaching the Bank of Japan's 2% inflation target isn't the finish line. Experts and the prime minis
Italy's factory output rebounds 1.2% in September, beating forecasts
Italy's factories posted a stronger-than-expected rebound in September, with output up 1.2% from August. But the third quarter still saw a 0
Moody's lifts India growth forecast to 7% but warns of inflation and monsoon risks
Moody's now expects India's economy to grow 7% in the fiscal year ending March 2027, up from 6.5%. The agency warns that inflation, monsoon
Australia's new home loans post record 15.5% quarterly drop
Australian new home lending fell a record 15.5% in the September quarter, driven by a 32.3% plunge in investor loans. Higher rates and propo
Fed's Paulson Signals More Rate Hikes After Hot CPI Report
Philadelphia Fed President Anna Paulson says 'further gradual tightening' is still appropriate after October's hot CPI report. Traders now l
Fed's Bowman: Inflation Cooling Without More Rate Hikes
Fed Governor Michelle Bowman said inflation is still above target but doesn't require further rate increases, pointing to tighter financial
Sticky Core Inflation Revives Odds of a Half-Point Fed Hike
A hotter-than-expected core inflation reading and hawkish Fed comments briefly revived bets on a half-point rate hike in December. Traders p