The Federal Reserve held rates at 3.75% to 4% on a 10-2 vote, with Lisa Cook and Beth Hammack wanting a hike. Chairman Kevin Warsh then said one 2027 meeting will carry no rate vote or statement, and the details
France slipped back into contraction in October and dragged the euro zone composite PMI to 51.9, a four-month low, as energy costs rose and French bond yields topped 5% for the first
Statistics Canada says fuel oil and other fuels cost 57.8 percent more than a year ago and gasoline 27.8 percent more, lifting September inflation to 3.1 percent. Yet all three core measures
Asked when the administration would take responsibility for 3.7% inflation, Treasury Secretary Scott Bessent said "we will own the economy" and called the price surge an energy supply side shock. On gas
Nineteen Irish unions suspended the 21 October strike after 24 hours of talks with the Government, but teachers keep their work-to-rule action. None of Friday's statements says whether pay will be discussed
Eurostat confirmed euro area inflation at 3.8% for September, with Greece at 5.1% and Germany at 3.3%, as EU leaders asked the Commission for targeted energy support. The ECB sets one rate
The IMF's Africa chief says sub-Saharan growth will hold at 4.5% in 2026 and 2027, but resilience is not immunity. Interest already takes a median 12% of government revenue, bilateral aid is
Australia lost 39,300 jobs in September and unemployment rose to 4.7 percent, just 16 days after the Reserve Bank's fourth rate rise this year. The ABS itself warns the monthly figure is
UK GDP rose 0.1% in August against forecasts of a contraction, but restaurants, pubs and leisure businesses cut output. The split reaches the Bank of England three weeks before its November 5
Retail and food services sales rose 0.8 percent in September, the Census Bureau said, but gasoline stations supplied about 71 percent of the dollar gain. Excluding them, sales rose 0.2 percent, and
Freddie Mac held the 30-year mortgage rate at 7.40 percent on Thursday, the highest since November 2023, ending seven straight weekly increases. A $400,000 loan now costs about $301 more a month
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