Chile President Gabriel Boric Disagrees With Central Bank Over Labor Market
Chile President Gabriel Boric pushed back against the central bank’s assessment that some of his administration’s policies are hurting the…
Trump Asks Court to Let Him Fire Cook, Who Warns of Vote Turmoil
President Donald Trump asked a federal appeals court to immediately pause a lower court decision blocking his ouster of Federal…
Can Fed Independence Survive Donald Trump?
From schoolyard insults to an attempted firing, Trump has broken new ground in his pursuit of rate cuts. What does…
Peru Cuts Key Interest Rate to Three-Year Low of 4.25%
Peru cut interest rates to the lowest level since 2022 after inflation unexpectedly plunged last month. Source: Original
US, Japan Confirm Won’t Manipulate FX for Competitive Advantage
US Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato reaffirmed in a joint statement their basic commitment to…
New Zealand’s Consumer Spending Drop Hints at Shrinking Economy
New Zealand consumers scaled back spending in the three months through June, reinforcing expectations the economy took a step backwards…
China’s Summer of Economic Weakness Likely Stretched Into August
«`html Economics China’s Economic Challenges Extended into August According to recent reports, China’s economy faced ongoing challenges throughout August, continuing…
Nickel Gains After Indonesia Seizes Part of Giant Tsingshan Mine
Nickel rose after Indonesia seized part of a giant mine part-owned by top Chinese producer Tsingshan Holding Group Co., underlining…
Bank of Russia Set to Keep Slashing Key Rate as Economy Cools
The Bank of Russia is poised to continue steep rate cuts as the economy cools faster than expected, with growth…
EU Watchdog Aims to Fix UK Covered Bonds’ Equivalence Terms
The EU’s banking rule-setter is preparing to detail terms for an equivalence regime allowing European banks to use UK covered…