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The Fed has just enacted its second interest rate cut in a row, lowering the federal funds target range to a decisive 3.75 percent to 4 percent. This action, which brings the benchmark rate below 4 percent for the first time since late 2022, was a clear response to mounting …

Canadian retail sales saw a notable 1.0% increase in August, rising to $70.4 billion, according to data released Friday by Statistics Canada. This performance marked a decisive turnaround following a contraction in July, with the growth observed across six of nine subsectors. Significantly, the gain was matched by a 1.0% …

Canada’s Consumer Price Index (CPI) edged higher in September, signaling a modest uptick in inflation and complicating the outlook for future monetary policy decisions by the Bank of Canada (BoC). According to Statistics Canada, the CPI rose 2.4% year-on-year, accelerating from 1.9% in August and slightly exceeding market expectations. On …

Federal Reserve Chair Jerome Powell delivered a sobering assessment of the U.S. economic landscape, underscoring the complex trade-offs facing monetary policymakers. In his latest remarks, Powell emphasized that while recent data still point to steady economic growth, the central bank is increasingly concerned about mounting risks in both the labor …

The latest ADP National Employment Report delivered a negative surprise, showing a decline of 32,000 private-sector jobs in September, well below expectations for an increase of 52,000. The report, compiled from payroll data of nearly 400,000 U.S. businesses, highlights further weakness in the labor market. It also marks a continuation …

The U.S. economy expanded more strongly than initially thought in the second quarter, but analysts warn that momentum is already cooling under the weight of tariffs and policy uncertainty. Stronger Q2 Growth on Imports and Spending The Commerce Department’s Bureau of Economic Analysis (BEA) revised second-quarter GDP growth up to …

The U.S. labor market showed surprising resilience last week as first-time jobless claims fell more than expected, while a stronger-than-initially-reported economic expansion in the second quarter added to signs of underlying growth momentum. Jobless Claims Beat Expectations For the week ending September 20, initial unemployment claims dropped to 218,000, down …

The Bank of Japan (BOJ) kept its benchmark interest rate unchanged at 0.5% on Friday, aligning with market forecasts, as policymakers weighed political uncertainty at home and the broader impact of U.S. trade tariffs on Japan’s economy. The decision came by a 7-2 majority, with board members Takata Hajime and …

During its September 2025 meeting, the Federal Reserve reduced the Federal Funds Target Range (FFTR) by 25 basis points to 4.00%–4.25%, aligning precisely with market expectations. The following preview was released at 10:00 GMT ahead of the Federal Reserve’s policy announcements:The US Federal Reserve was anticipated to implement its first …

Headline Figures Annual CPI: Rose 1.9%, slightly below forecasts of 2.0%, but higher than July’s 1.7%. Monthly CPI: Fell 0.1%, versus expectations of a 0.1% rise. Core Inflation: CPI-median held steady at 3.1%. CPI-trim eased to 3.0% from 3.1%. Excluding gasoline, CPI slowed to 2.4% from 2.5% in the prior …