Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Italy's factory output drops 1% in June, clouding 2026 growth hopes
Italy's industrial production fell 1.0% in June, missing forecasts for a small rise. The slump tests confidence in the country's 2026 growth
Sweden's July inflation cools to 0.8% but underlying price pressures persist
Sweden's headline inflation cooled to 0.8% in July, but a key underlying gauge rose more than forecast. Most economists expect the Riksbank
RBI Holds Rates, Cuts Inflation Forecasts; Next Hike Seen in December
The Reserve Bank of India kept interest rates unchanged and lowered its inflation outlook, signaling less urgency to tighten. Banks now expe
Brazil's central bank cuts rates to 14%, keeps next move data-dependent
Brazil's central bank trimmed its benchmark Selic rate to 14.00% in a unanimous vote, extending its easing cycle. But policymakers stressed
CIBC: Canada and US neutral rates to converge by 2028
CIBC sees Canada's and the US's neutral interest rates converging by 2028. A cooling of US AI investment and a rebound in Canadian business
ADP data shows US hiring cooled sharply in July, raising stakes for Friday's jobs report
ADP said private employers added just 44,000 jobs in July, a sharp slowdown. Investors now look to Friday's official jobs report for a clear
Canada's deficit narrows sharply as revenues jump 15.5%
Canada's federal deficit narrowed sharply to C$1.4 billion in the first two months of the fiscal year, down from C$9.9 billion a year earlie
BOJ minutes show policymakers weighing another rate hike as soon as September
The Bank of Japan's June meeting minutes show policymakers lifted rates to a 31-year high of 1% and are weighing another hike as soon as Sep
UK services rebound in July as business confidence climbs
UK services activity returned to growth in July, with S&P Global's PMI rising to 52.1 from 48.8. Business confidence for the year ahead hit
Italy's services sector rebounds in July as cost pressures ease
Italy's services sector picked up in July, with S&P Global's PMI climbing to 52.5 from 50.2. Cost pressures eased again, and the composite i
Czech inflation ticks up to 1.7% but hot services keep CNB cautious
Czech inflation edged up to 1.7% in July, but services prices stayed hot at 4.7%. That mix could keep the central bank cautious at Thursday'
South Africa's private sector barely grows in July as demand softens
South Africa's private sector barely expanded in July, with S&P Global's PMI easing to 50.3. Output ticked up, but new orders fell for a thi