Canada Manufacturing Growth Continues Amid Rising Supply Costs
Canada’s manufacturing sector continued to expand in June, with production, new orders, and employment all recording steady growth, according to the latest S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI). The PMI edged up...
U.S. Manufacturing Growth Slows in June as Order Surge Eases
U.S. manufacturing activity moderated in June after posting its strongest performance in three years during May, as the boost from businesses rushing to place orders ahead of potential shortages and price increases linked to...
Brazil May End Fuel Subsidies as Oil Prices Ease
Brazil could phase out its emergency fuel subsidies if global crude oil prices stabilize around $80 per barrel, according to Finance Ministry Executive Secretary Rogerio Ceron. Speaking to Reuters, Ceron said recent progress toward...
UK Wage Growth Remains Strong as Unemployment Falls Ahead of Bank of England Rate Decision
Britain’s labour market showed unexpected resilience in the three months to April, with wage growth remaining stronger than forecast and unemployment edging lower, according to data released by the Office for National Statistics (ONS)....
U.S. Inflation Expected to Hit Three-Year High in May
The annual rate of U.S. consumer inflation is expected to accelerate to 4.2% in May, marking its highest level in three years, according to economists surveyed by Reuters. Rising energy prices, driven by tensions...
Treasury Yield Chart Signals Potential Rate Decline Despite Inflation Concerns
U.S. President Donald Trump has continued to push for lower interest rates despite concerns that inflationary pressures could intensify due to the ongoing Iran conflict and the rapid expansion of artificial intelligence-related investments. However,...
Kevin Warsh Set to Lead Fed Amid Push for Sweeping Reforms
Kevin Warsh is expected to take over as the next chair of the U.S. Federal Reserve this month, returning to the central bank 15 years after resigning in protest against its large-scale bond-buying program....
Bank of Canada Seen Holding Rates Steady Amid Temporary Oil Shock
The Bank of Canada is widely expected to keep its key interest rate unchanged at 2.25% when it announces its policy decision on April 29, as economists view the recent oil price spike triggered...
Trump Battles Economic Concerns Amid Campaign Swing in Key States
U.S. President Donald Trump is attempting to downplay mounting economic concerns and political headwinds as he embarks on a campaign-style tour through battleground states Nevada and Arizona. Speaking in Las Vegas, Trump highlighted his...
Trump Battles Economic Concerns Amid Nevada–Arizona Campaign Push
U.S. President Donald Trump is attempting to downplay growing economic concerns as he embarks on a campaign-style visit to the battleground states of Nevada and Arizona. The visit comes as rising fuel costs—driven in...