Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Fed's Beige Book Shows Steady Growth and Easing Price Pressures Across US
The Fed's latest Beige Book shows the US economy growing at a slight to moderate pace in most regions, with price pressures steady or easing
NY Fed's Williams: Inflation to Cool to 3.25% by Year-End as Energy Prices Ease
New York Fed President John Williams says inflation should cool to about 3.25% by year-end as energy prices settle. He also sees shelter cos
China's Q2 GDP Growth Slows to 4.3%, Weakest in Three Years, as Domestic Woes Persist
China's economy grew just 4.3% in the second quarter, its weakest pace in three years and below the government's target range. AI-fueled exp
India's Balance of Payments Stays in Deficit for Second Month on Capital Outflows
India's balance of payments remained in deficit for a second straight month in May, with a $4.4 billion shortfall driven by $2.4 billion in
Bank of Canada Holds Rate at 2.25% as Sticky Oil Inflation Delays Return to Target
The Bank of Canada held its policy rate at 2.25%, noting that high oil prices are keeping inflation sticky. Policymakers expect inflation to
Bank of Canada Holds Rate at 2.25% as Oil Prices Keep Inflation Sticky
The Bank of Canada held its policy rate at 2.25% on Wednesday, signaling that oil and gasoline prices are the key wildcards for inflation. H
Canada Wholesale Sales Flat in May as Inventories Dip, Ratio Edges Lower
Canadian wholesale sales were flat at C$90.0 billion in May, after a 1.4% gain in April. Inventories fell 1.1%, pulling the inventory-to-sal
June CPI Cools, but Warsh Faces Long Road on Inflation as PCE Looms
June's CPI came in cooler than expected, prompting traders to dial back rate hike bets. But Fed Chair Kevin Warsh faces pressure to prove in
US Wholesale Inflation Cools as Energy Prices Drop, Easing Rate Concerns
US wholesale inflation cooled in June as the Producer Price Index dropped 0.3%, driven by a 6.4% decline in energy prices. Core PPI rose 0.2
Canada's Factory Sales Hit Record C$78.1 Billion in May, Order Books Swell
Canadian factory sales hit a record C$78.1 billion in May, up 1.3% from April, marking the fourth straight monthly gain. Unfilled orders sur
China's Q2 GDP Misses Target, Pressure Mounts on Beijing for Stimulus
China's economy grew 4.3% year-on-year in Q2, slipping below the government's target range. Weak fixed-asset investment and a struggling pro
China Stocks Slide as Q2 GDP Growth Misses Forecasts, Property Woes Deepen
China's second-quarter GDP growth of 4.3% missed the 4.5% forecast, with property investment falling 18% in the first half. Mainland stock b