Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Hot Inflation Tests Small-Business Confidence as Retail Sales Hold Up
October inflation came in hotter than expected, with the consumer price index up 0.4%. At the same time, the NFIB small-business optimism in
Hot October CPI Shifts Fed Rate Bets, Lifting 2-Year Yield to 4.74%
October CPI came in hotter than forecast, with core inflation also stickier than expected. The 2-year Treasury yield jumped to 4.74% and the
Brazil's Central Bank Chief Pushes Back on Rate-Cut Hopes
Brazil's central bank governor Gabriel Galipolo pushed back on expectations of easier policy after officials held the Selic rate at 13.75%.
Bank of Canada minutes signal rate cuts despite uncertainty
Minutes from the Bank of Canada's latest meeting reveal a bias toward action, with officials arguing uncertainty isn't a reason to hold off.
Canada's widening deficits could limit recession response, Rosenberg warns
Rosenberg Research warns Canada's federal deficit is on track to hit CA$62.3 billion by fiscal 2027, far above earlier forecasts. That could
Bank of England's Lombardelli signals rates may rise again
Bank of England Deputy Governor Clare Lombardelli says persistent inflation dynamics are crystallizing, and she won't rule out further rate
Small business optimism holds steady as hiring plans rise
The NFIB's October optimism index edged down to 97.8, but job openings and expansion plans ticked up. Persistent cost pressures and weak ear
Saudi industrial output falls 10.9% in September, easing from August's 23% drop
Saudi Arabia's industrial output fell 10.9% in September from a year earlier, a smaller drop than August's revised 23% decline. The improvem
Fed's Waller backs December rate hike, keeps bigger move on table
Fed Governor Christopher Waller said the Fed should still raise interest rates at its December meeting even if October inflation cools. He l
Sweden's Riksbank raises rate to 2%, signals more hikes ahead
Sweden's central bank lifted its key rate to 2.0% and minutes show officials are preparing another hike within six months. The move undersco
Hungary's inflation bump may keep central bank on hold
Hungary's October inflation rose to 2%, up from 1.6% in September and above forecasts. With fuel and services prices climbing, the central b
Norway's core inflation cools to 2.7%, easing rate hike pressure
Norway's core inflation cooled to 2.7% in October, down from 3.0% and below analyst forecasts. The softer reading eases pressure on Norges B