Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Small business hiring struggles worsen in October, NFIB survey shows
A new NFIB survey shows small business owners had a harder time filling jobs in October, with 36% reporting unfilled openings. More owners a
Cleveland Fed's Hammack signals possible further rate hikes
Cleveland Fed President Beth Hammack said the Fed may need to raise rates again, even in smaller steps, as inflation stays too high and wide
Czech central bank resumes rate hikes, warns inflation could top 3%
The Czech National Bank raised its key interest rate by a quarter point to 4.00%, warning that strong domestic demand and energy costs could
Bank of England raises rates to 4% as energy risks loom
The Bank of England raised its key interest rate to 4% in an 8-1 vote, restarting its tightening cycle. It warned that further hikes could f
Canada's exports to US dip below 70% as trade ties loosen
Canada is slowly reducing its reliance on the US as its main export market. BMO notes the US share has dipped below 70%, helped by gold ship
BoE's 4% rate hike signals higher UK borrowing costs for longer
The Bank of England raised its key rate to 4% in an 8-1 vote, with one policymaker wanting a bigger move. Markets now expect more tightening
Bank of England raises rates to 4% as energy costs keep inflation sticky
The Bank of England raised its key rate to 4% in an 8-1 vote, with policymakers warning that high energy costs could keep inflation stubborn
Norges Bank holds rates at 4.50%, warns of possible hike if inflation stays high
Norges Bank left its key interest rate at 4.50% as expected, but warned it could still hike if inflation doesn't move back toward its 2% tar
South Africa's private sector stays in contraction as confidence slips
South Africa's private sector remained in contraction in October, with S&P Global's PMI at 49.0. Weaker export demand, higher fuel costs, an
Malaysia holds rates at 2.75% for eighth straight meeting
Malaysia's central bank held its key interest rate at 2.75% for an eighth consecutive meeting, citing contained inflation and resilient grow
Indonesia's Q3 growth beats forecasts, easing investor nerves
Indonesia's economy grew 5.47% year-on-year in the third quarter, beating forecasts and easing concerns about policy and budget stability. T
Philippine inflation hits 7.8% as core prices climb to multi-year high
Philippine inflation rose to 7.8% in October, driven by transport and utility costs, well above the central bank's 3% target. Core inflation