Two central banks are heading in genuinely opposite directions this week, and the tension is unmistakable. The Bank of Canada held rates steady at 2.25% on September 2, with a mildly hawkish tilt as policymakers acknowledged a broadening economic recovery alongside rising inflation risks. Since then, Canadian data has stayed firm, August CPI held at […]
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The International Monetary Fund said the Reserve Bank of Australia should remain prepared to raise interest rates further, citing persistent underlying inflation and uncertainty over whether financial conditions are sufficiently restrictive. The warning reinforces expectations Read more…
New Zealand GDP growth slowed from an upwardly revised 0.9% to 0.2% quarter on quarter in the June quarter, slightly exceeding expectations for a 0.1% increase. Nine of 16 industries expanded, while GDP per capita Read more…