Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
UK Pay Deals Hold at 3.5% for Fifth Straight Survey, Keeping BoE Inflation Watch Alive
UK pay deals remain stubbornly high at 3.5%, according to the latest IDR survey. The fifth straight reading at this level keeps wage pressur
Fed Minutes Reveal Deep Split: Rate Cuts or Hikes Next?
The Federal Reserve's June meeting minutes reveal a divided committee. While officials agreed to hold rates steady, they disagreed sharply o
ADB Raises Asia Growth Forecast to 4.9%, but Inflation and Middle East Risks Loom
The ADB lifted its 2025 growth forecast for developing Asia and the Pacific to 4.9%, citing resilient demand. But inflation is now seen at 4
Chile Inflation Hits 4.3%, Breaching Central Bank's Target Range
Chile's annual inflation climbed to 4.3% in June, pushing past the central bank's target range. Consumer prices were flat for the month, but
US Wholesalers Add Less Inventory Than First Reported, Stocks-to-Sales Ratio Hits 12-Year Low
US wholesale inventories barely grew in May after a downward revision, and the stocks-to-sales ratio hit its tightest level since April 2012
IMF Cuts 2026 Global Growth Forecast to 3.0% on Middle East Disruptions, AI Tech Cycle Offers Partial Offset
The International Monetary Fund trimmed its 2026 global growth forecast to 3.0%, down from a previous estimate. The revision reflects supply
Poland's Central Bank Holds Rate at 3.75% as Inflation Returns to Target
Poland's central bank held its benchmark interest rate at 3.75% as inflation eased to 2.5% in June, back within its target range. The decisi
China's Central Bank Vows to Keep Policy Loose as Weak Demand Persists
China's central bank has pledged to keep monetary policy loose and support consumption, acknowledging that supply is strong but demand remai
Canada's Export Shift: US Share Drops to 68% as Trade Diversification Gains Traction
Canada's push to reduce reliance on the US market is showing results, with BMO reporting the US share of exports dropping to 68% this year f
Sweden's Inflation Slows to 1.3% in June, Riksbank Holds Steady Ahead of August Rate Decision
Sweden's CPIF inflation fell to 1.3% in June, below May's pace, as food and transport costs dropped. The Riksbank is expected to hold rates
Japan's Eco Watchers Index Edges Up to 44.0 in June, Still Below Pessimism Threshold
Japan's street-level economic gauge ticked up in June but remained below 50, signaling more pessimists than optimists. The outlook index jum
Bank of Thailand Holds Rate at 1.00%, Warns Inflation May Exceed Target by 2026
The Bank of Thailand held its policy rate at 1.00% for a second straight meeting, while raising its 2026 growth forecast to 2.3%. Minutes sh