The Reserve Bank of Australia held interest rates steady as it weighs the impact of its recent rate hikes on inflation. Source link
Category: Economy
Bank of Japan Lifts Rates to 31-Year High
Japan’s central bank lifted its policy rate to 1%, anchoring its policy path against the inflationary risks of a war-induced spike in energy costs. Source […]
Work from home is hardly over. In fact, it’s probably here to stay.
Big companies keep trumpeting return-to-office mandates, but the amount of time that Americans work remotely is barely budging. Source link
Canada More Focused on Tariff Relief Over USMCA Renewal, Ambassador Says
Former pension-fund and BlackRock executive Mark Wiseman said Canadians shouldn’t get too focused on the formal review process starting on July 1 concerning the existing […]
Impact of Iran War to Persist Despite Deal Offering Hope for Peace, ECB’s Nagel Says
The impact of the jump in energy prices will continue to be felt in the coming months, Bundesbank President Joachim Nagel said Monday. Source link
Join a real-time, written chat with WSJ’s chief economics reporter from 10 a.m.-11 a.m. ET. on Tuesday
Join a real-time, written chat with WSJ’s chief economics reporter from 10 a.m. -11 a.m. ET. on Tuesday. Source link
New York Manufacturing Activity Grew at a Slower Pace in June
The Federal Reserve Bank of New York said that its statewide manufacturing index of business conditions grew at a slower pace in June at 5.7, […]
U.S. Industrial Production Edged Up in May
Production rose by 0.1% last month, after rising 0.9% in April. Analysts polled by The Wall Street Journal expected a 0.3% increase. Source link
Eurozone Industrial Production Picked Up Again in April
Industrial output rose again as factories rushed to meet orders placed by customers anxious to avoid price hikes and shortages stemming from the Middle East […]
The Fed has believed for decades that talking openly made its policy work better. Its new chairman believes the opposite.
For decades, the central bank believed talking openly made its policy work better. Its new chairman believes the opposite. Source link