Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
St. Louis Fed's Musalem Says Rate Hikes May Come Soon
St. Louis Fed President Alberto Musalem said the Fed may need to hike rates "soon," arguing policy remains accommodative even after a divide
Colombia's Central Bank Holds Rates at 12.25% and Buys $2 Billion for Reserves
Colombia's central bank held its benchmark rate at 12.25% and agreed to buy $2 billion from the government to build reserves. The dollar pur
Oil Jumps, Loonie Hits Six-Week High as Rate Bets Trump Soft GDP
The Canadian dollar touched a six-week high as US crude rose roughly 2.7% to about $104.80 a barrel. Soft GDP data took a back seat as trade
Mexico's Q3 growth keeps Banxico on hold at 6.50% into 2027
Mexico's economy expanded 0.9% in Q3, beating forecasts and cooling hopes for near-term rate cuts. Analysts now see Banxico holding its benc
German inflation cools to 2.8%, giving ECB cover to hold rates
Germany's inflation cooled to 2.8% in October, with easing core and services prices. Analysts say this gives the European Central Bank room
Canada's economy stalls again in August, September looks weaker
Canada's economy showed no growth in August for the second straight month, and an early estimate points to a 0.1% contraction in September.
Uganda inflation hits 3-year high as shilling slump lifts food costs
Uganda's consumer prices rose 5.8% in October from a year earlier, the fastest in three years, as a weak shilling pushed up food costs. The
Eurozone growth beats forecasts despite rising energy prices
The euro area grew 0.4% in the third quarter, beating expectations of 0.2%, even as energy prices climbed. But the strength was uneven, with
Dollar slips as traders await key wage data and central bank signals
The US dollar slipped early Friday as traders positioned ahead of the Q3 employment cost index and fresh central bank commentary. The data c
Ontario delays balanced budget to 2029-30 as deficits rise, RBC says
Ontario has pushed its balanced-budget goal to 2029-30, and RBC Economics says deficits will run higher than previously planned. The provinc
Drought drags on Hungary's growth as Czech output misses forecasts
Hungary's economy grew 1.5% year-on-year in Q3, held back by a severe drought that hurt agriculture. The Czech economy expanded 0.5% quarter
PBOC shifts to daily overnight repos, making 1.25% its key rate
The People's Bank of China will hold fixed-rate overnight reverse repos every working day, making 1.25% its main policy rate. The move aims