Canada’s annual inflation cools in September
TORONTO (Reuters) -Canada’s annual inflation rate edged down to 3.8% in September on broad-based price reductions for some travel-related services, durable goods and groceries,
U.S. October home builder confidence drops to lowest level since January
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence index fell 4 points to 40 in October, the U.S. trade group said
Explainer-Biden combines billions in chipmaking grants with China curbs to keep US ahead
By Alexandra Alper WASHINGTON (Reuters) – The Biden administration’s latest round of export curbs on China is part of a two-pronged strategy aiming to
Retail sales rise on strong car sales and internet buying. U.S. economy not slowing much.
The numbers: Sales at U.S. retailers jumped a bigger-than-expected 0.7% in September in a sign households have enough buying power to keep the economy
Russia may need tighter policy to bring inflation to target -c. bank analysts
MOSCOW (Reuters) – Inflation in Russia continues to accelerate and a return to the central bank’s 4% target may require additional monetary policy tightening,
Fed’s Goolsbee says declining inflation is a trend and not a ‘blip’
The recent slowdown in inflation is a trend and not a “one-month blip,” Chicago Fed President Austan Goolsbee said Monday. In an interview with
Canadian inflation eases, central bank may hold rates steady
Canadian inflation slowed to an annualized 3.8% in September, marking the end of a two-month surge in price pressures across sectors such as travel
Reserve Bank of Australia Warns of Low Tolerance for Stubborn Inflation
By Stuart Condie SYDNEY–The Reserve Bank of Australia continues to warn that further interest-rate increases may be needed if it sees signs that inflation
Bank of Israel Acts to Stabilize Shekel Amidst Escalating Conflict
On Tuesday, amid the escalating Arab-Israeli conflict sparked by a Hamas assault on Israel, the Bank of Israel initiated measures to stabilize the shekel
House speaker election: Jim Jordan isn’t a lock for the post before vote this afternoon
It wasn’t clear Tuesday if Rep. Jim Jordan would be successful in his push to become the next speaker of the U.S. House of
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