The September FOMC meeting did not disappoint. As was widely expected, the FOMC lowered the fed funds rate by 25 bps to 4.00%-4.25%. The move marked the first adjustment to the Committee's policy rate ...

The Federal Reserve's meeting Wednesday, in which it cut interest rates by 25 basis points, had enough moving parts and side ...

The apparent wedge between US consumer spending — seemingly in the midst of a mini reacceleration — and the softening trend ...

In trend terms, in August 2025: unemployment rate increased to 4.3%. participation rate remained at 66.9%. employment ...

New Zealand's economy shrank more than expected in the second quarter as construction remained in decline and global ...

Just last week, speaking at the Financial Services Council annual conference, RBNZ Governor Christian Hawkesby stated: “While ...

The total value of machinery orders received by 280 manufacturers operating in Japan decreased by 4.2% in July from the ...

Our detailed Fed note is here. We won't re-hash it. Instead, here are a few additional observations. First, it is interesting ...

Fed’s Powell Says Tariffs Mostly Paid By Middlemen Firms; Notes They Intend To Pass On Higher Costs But Haven’t Yet ...

The US dollar reversed higher after the Federal Reserve delivered a 25bp cut, resisted calls for a 50bp move, and confirmed two more cuts by year-end. Markets had positioned for a more dovish outcome, ...

Overall housing starts slipped by 8.5% in September, driven by declines in both single-family and multifamily starts. A ...

The Federal Reserve Open Market Committee cut the fed funds policy target range by 25bps as widely expected and priced. Rates ...