Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
US wholesalers stock up on AI-linked goods as sales keep pace
US wholesalers ended September with more inventory than first reported, led by electrical goods tied to AI and data-center spending. Sales r
CIBC Says Bank of Canada May Be Overstating Inflation Risks
CIBC Economics says the Bank of Canada may be overstating how much higher business costs will pass through to consumer prices. Weak demand a
Canada's weak jobs run cools odds of December rate hike
Canada's job market softened again in October, with employment falling and unemployment rising to 6.7%. Traders now see less than a 30% chan
Mexico's inflation accelerates for third month, testing Banxico's rate-cut stance
Mexico's consumer prices rose 3.75% year-on-year in October, up from 3.45% in September and above the 3.65% economists expected. The third s
Canada's factory data to test growth story as GDP stalls
RBC Economics expects Friday's manufacturing and wholesale sales data to confirm Canada's economy lost momentum in the third quarter. With G
Uganda's central bank holds rates at 12% after emergency hike
Uganda's central bank held its key interest rate at 12% on Monday, pausing after last month's emergency increase. The bank also lifted its i
China's October inflation data shows factory costs outpacing consumer prices
China's October consumer prices cooled to 0.7%, but producer prices jumped 5.7%, widening the gap between factory and shop prices. The split
China's factory inflation climbs to 5.7% as consumer prices stay cool
China's factory-gate inflation accelerated to 5.7% in October, while consumer prices rose just 0.7%. The widening gap suggests manufacturers
UK hiring cools in October but starting pay keeps climbing
UK recruiters reported a slower pace of hiring in October, but starting pay for permanent roles picked up again. The mixed signal complicate
October hiring surge boosts case for another Fed rate hike
US hiring surged in October, with 165,000 jobs added—more than double expectations. The strong labor market, along with rising wages, is boo
US consumer sentiment edges up in November as inflation expectations cool
US consumers turned a bit less pessimistic in November, with the University of Michigan's sentiment index rising to 51.0 from 48.0. Inflatio
Canada's job market slips in October as unemployment hits 6.7%
Canada's job market lost ground in October, with unemployment rising to 6.7% and a net loss of 4,700 jobs. Wage growth for permanent workers