Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
New Zealand trade grows 16% but terms of trade slide 9%
New Zealand's two-way trade jumped 16% in the June quarter, but the terms of trade dropped 9% as import prices rose faster than export price
Fed's Beige Book: Steady Growth, Cooling Prices, but Tariff and Energy Risks Linger
The Fed's latest Beige Book shows the U.S. economy still growing modestly, with price increases cooling in some areas. But energy and tariff
Mixed US data: hiring cools, factory orders rise, oil stocks tighten
US data painted a mixed picture: private payrolls rose just 38,000 in August, factory orders climbed 0.9% in July, and crude inventories dro
Fed's Beige Book Shows Steady Growth, Sticky Prices Ahead of September Meeting
The Federal Reserve's latest Beige Book shows the US economy growing modestly with stubborn inflation. Markets now price a 65% chance of a r
ADP Data Shows US Private Hiring Slowed Sharply in August
US private employers added only 38,000 jobs in August, according to ADP, missing forecasts and signaling a cooling labor market. Gains in ed
Bank of Canada holds rates at 2.25% as tariffs and oil risks mount
The Bank of Canada held its policy rate at 2.25%, even as new US tariffs and oil market disruptions cloud the outlook. Governor Tiff Macklem
Bank of Canada holds rates at 2.25% as tariffs and oil prices cloud outlook
The Bank of Canada held its overnight rate at 2.25% on Wednesday, pausing after recent cuts. It warned that high oil prices and fresh US-Can
Thailand's business groups raise growth forecast to 2.1%-2.5%
Thailand's biggest business groups now see the economy growing 2.1%-2.5% this year, up from an earlier 1.6%-2.0% forecast, thanks to a picku
Italy's August Budget Gap Widens Sharply to €12.3 Billion
Italy's Treasury reported a €12.3 billion budget shortfall for August, a sharp jump from €204 million a year earlier. The widening deficit c
Singapore economists lift growth forecasts, see cooler inflation
Economists polled by Singapore's central bank now expect faster growth and slightly cooler inflation. They flagged the Middle East conflict
RBNZ lifts cash rate to 2.75% but signals a slower path ahead
The Reserve Bank of New Zealand raised its official cash rate to 2.75% but signaled a more cautious path ahead, citing significant downside
RBNZ raises cash rate to 2.75% as inflation stays stubbornly high
The Reserve Bank of New Zealand raised its official cash rate by 25 basis points to 2.75%, citing persistent inflation. The bank projects in