Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Australia's export prices rise 1.4% as gas jumps 29%, imports fall
Australia's export prices rose 1.4% in the September quarter, powered by a 29% jump in gas, while import prices fell 1.1% on cheaper petrole
RBNZ Holds Rates at 2.75% but Signals High Odds of December Hike
The RBNZ kept its official cash rate at 2.75% but signaled a December hike is likely. Governor Anna Breman says further increases are broadl
Fed holds rates at 3.75%-4% in split vote; Warsh plans fewer meetings
The Federal Reserve held its benchmark interest rate steady at 3.75%-4% in a split decision. Chair Kevin Warsh also floated a major process
US trade gap widens in September as imports outpace exports
The US trade deficit widened in September as imports climbed, signaling strong domestic demand. Meanwhile, inventories rose and mortgage app
Bank of Canada resumes rate hikes, warns energy costs could keep inflation high
The Bank of Canada lifted its policy rate by 25 basis points to 2.5% and warned that higher energy costs could keep inflation above target.
Bank of Canada raises rates to 2.5% as energy keeps inflation sticky
The Bank of Canada raised its key interest rate by a quarter point to 2.5% on Wednesday, citing stubborn inflation fueled by high energy cos
Bank of Canada raises rates to 2.5% as oil keeps inflation sticky
The Bank of Canada raised its key interest rate by a quarter point to 2.5%, its first hike since July 2023. Governor Tiff Macklem said the m
Loonie Awaits Bank of Canada Decision as Rate Hike Expected
The Canadian dollar is in wait-and-see mode ahead of the Bank of Canada's rate decision. A quarter-point hike to 2.5% is widely expected, bu
India's factory output growth cools to 6.7% in September, missing forecasts
India's factory output grew 6.7% in September, down from August's 7.8% and below forecasts. Mining contracted and manufacturing cooled, sign
Bank of Canada set to hike rates to 2.5% as energy inflation persists
The Bank of Canada is widely expected to restart rate hikes on Wednesday, lifting its benchmark rate to 2.5%. Persistent energy-driven infla
Bank of Thailand holds rates at 1.00% as inflation ticks up
The Bank of Thailand left its benchmark rate at 1.00% again, even as inflation rose to 2.82% in September. The bank nudged up its growth out
German consumer mood dips again as inflation fears weigh on spending
Germany's consumer climate index slipped to -30.8 for November, as inflation fears and weak income expectations kept households cautious. Th