Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
US factory output edges up 0.2% in July, missing forecasts
US industrial production rose 0.2% in July, just shy of the 0.3% economists expected. Capacity utilization edged up to 76.3%, matching forec
UK grocery inflation cools to 2.1% as summer promotions surge
UK grocery inflation eased to 2.1% in the four weeks to August 9, as supermarkets pushed summer deals. Promotions now account for 31.3% of s
Australian spending rises 1.1% in July as leisure leads the way
Australians kept spending in July, with NAB reporting a 1.1% monthly rise in consumer spending. Recreation and personal services led the gai
China and Japan Growth Data Disappoint, Clouding Global Outlook
Fresh data from Asia's two largest economies points to slower growth. China's recovery is losing momentum, while Japan's expansion has stall
Australian consumer confidence hits 24-week high as renters lead rebound
Australian consumer confidence climbed to a 24-week high, with renters leading the improvement. The rise was driven by brighter views on per
Australian consumer mood lifts as RBA holds rates, mortgage holders relieved
Australian consumer sentiment improved in August after the RBA held its cash rate at 4.35%. Mortgage holders were notably more optimistic, b
Loonie hits two-month high as Canada's July inflation rises to 3%
Canada's dollar climbed to a two-month high after July inflation came in at 3%, slightly above expectations. The rise was driven by gasoline
Japan's economy grows just 0.3% as Iran war costs bite
Japan's economy grew just 0.3% last quarter, missing expectations, as households and businesses felt the pinch from higher energy costs link
China's July data misses mark, clouding 5% growth target
China's July economic data came in below forecasts across the board, with retail sales up just 0.6% and industrial output growing 4.5%. The
San Francisco Fed: Rates May Be Below Neutral, Not Restrictive
A San Francisco Fed Economic Letter argues the Fed's policy rate may be below the medium-run neutral rate, suggesting policy is mildly accom
Brazil's finance minister: fiscal reform enters 'painful final mile'
Brazil's finance minister says the country is in a 'painful final mile' of fiscal reform, with cuts to mandatory spending and pension perks
Canada's July inflation hits 3% as gasoline prices surge
Canada's annual inflation rate climbed to 3% in July, fueled by a 25.7% jump in gasoline prices. Core measures held near 2%, leaving the Ban