Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Rupee Gains 0.2% as Oil Rally Cools and RBI Inflow Measures Bring $20.72 Billion
India's rupee rose 0.2% on Tuesday as the recent oil rally cooled and the Reserve Bank of India reported that its new measures to attract fo
New Zealand Inflation Stays Hot at 4.1% as Fuel Costs Surge
New Zealand's inflation remained elevated in the second quarter, with annual CPI at 4.1%. Fuel costs, especially petrol and diesel, were the
Canada's Loonie Dips as June Inflation Slows to 2.8%, Rate Hike Bets Fade
Canada's annual inflation rate fell to 2.8% in June, softer than expected. The loonie slipped 0.3% as traders trimmed bets on further Bank o
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
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
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