Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Australia's housing slump won't stop RBA from hiking rates to 4.6%
Australia's home prices are slipping again, but the RBA is still expected to lift its policy rate to a 15-year high of 4.6% next week. Offic
Aussie household wealth hits AU$19.4 trillion as super offsets property dip
Australian households got richer in the June quarter, with total wealth up 1% to AU$19.4 trillion. Superannuation gains more than offset a d
Australia's jobless rate rises to 4.6% as more people seek work
Australia's unemployment rate ticked up to 4.6% in August even as employers added 39,500 jobs. The rise came as more people entered the labo
OECD lifts India 2026 growth forecast to 7.1% but warns of rising inflation
The OECD raised its 2026 growth forecast for India to 7.1%, but also sees inflation picking up and the central bank raising rates temporaril
IMF Warns Debt-Fueled AI Spending Could Rattle Markets
The IMF warns that more than $2 trillion in global AI investment this year is a debt-fueled bet on future profits. If those returns disappoi
US business activity hits multi-year highs as mortgage demand cools
US business surveys show strong growth in September, with S&P Global's flash PMIs hitting multi-year highs. Meanwhile, mortgage applications
Canada's auto jobs hold steady in June despite factory worries
Canada's auto sector added 0.5% more jobs in June than a year earlier, reaching 616,700, according to DesRosiers. Gains in dealerships and r
US business activity hits five-year high as new orders surge
US business activity hit a five-year high in September as new orders surged, but supply bottlenecks and higher input costs are raising conce
Hong Kong inflation edges up to 1.7% as utility costs surge
Hong Kong's consumer prices rose 1.7% in August from a year earlier, with utility costs surging 11.5%. Officials are monitoring Middle East
Taiwan factory output jumps 23.5% in August on AI chip demand
Taiwan's industrial production rose 23.47% year over year in August, beating forecasts. Computers and electronics output soared 95.71% as AI
South Africa's inflation ticks up to 4.4%, but rate cut hopes stay
South Africa's consumer inflation edged up to 4.4% in August, but came in below forecasts. Most economists still expect the central bank to
Eurozone PMI surge revives case for October ECB rate hike
Eurozone business activity unexpectedly accelerated in September, with the flash PMI hitting a 41-month high. The stronger data, along with