Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
US housing starts hit four-month low as rates weigh on builders
US homebuilding slowed in September, with housing starts down 5.2% and pending home sales falling 7.3%. Despite weak data, housing-related s
Canada's budget watchdog cuts growth forecast, sees debt rising
Canada's fiscal watchdog lowered its growth outlook and now expects the federal debt-to-GDP ratio to climb to 42.6% by 2030-31. US tariffs a
German Investor Sentiment Slips as Energy Prices Bite
The ZEW index fell to 28.1 in October, ending a five-month climb, as higher energy costs weigh on the outlook. What it means for investors.
UK wage growth picks up as Bank of England weighs another rate hike
UK regular pay rose 3.7% year-on-year in the three months to August, slightly above expectations, while unemployment fell to 4.7%. The data
China holds key loan rates for 17th month as growth improves
China's central bank held its key loan rates steady for a 17th month, keeping the one-year LPR at 3% and the five-year rate at 3.5%. Stronge
China's Q3 Growth Beats Forecasts, But Exports Do the Heavy Lifting
China's Q3 GDP beat forecasts, but the growth was powered by exports, not domestic spending. Weak consumer demand and property woes persist,
Australian consumer confidence slips to 67.7 as inflation expectations climb
Australian consumer confidence slipped to 67.7, keeping sentiment near 50-year lows. Inflation expectations rose to 6.2%, and markets increa
China's Q3 growth beats forecasts, but exports do the heavy lifting
China's economy grew 4.5% in the third quarter, beating forecasts and putting it on track to meet its annual target. But the growth was powe
BMO now sees Bank of Canada leaning toward another rate hike
BMO Capital Markets now thinks the Bank of Canada will hike its policy rate by a quarter point next week, despite softer September inflation
BoC sees trade tensions denting confidence, not breaking it
Canada's central bank says the August 21st trade-talk breakdown has made businesses more cautious but not panicked. Inflation expectations a
Canada's stocks slip as inflation holds above 3% on gas prices
Canada's main stock index slipped after September inflation rose to 3.1%, driven by a 27.8% jump in gasoline prices. The report keeps the Ba
Canada's Inflation Ticks Up to 3.1% on Higher Gas Prices
Canada's inflation rate rose to 3.1% in September, driven by higher gasoline and diesel prices. The data is the last before the Bank of Cana