Market News

The latest US economic figures show stronger growth alongside sticky inflation, presenting a difficult policy environment for the Federal Reserve. While economic activity remains resilient, underlying price pressures continue to exceed the central bank’s 2% target.

The Federal Reserve left interest rates unchanged on October 28, but the decision revealed a notable disagreement over how aggressively the central bank should tackle inflation.

The Bank of Canada raised its benchmark interest rate by 25 basis points to 2.50% on October 28 marking its first rate hike in three years after seven consecutive holds.

The Fed’s rate decision, US GDP and inflation data, and Big Tech earnings put economic growth and AI investment returns to the test.

September’s inflation report reveals new price pressures across the US economy.

The Bank of Japan raised its key short-term interest rate by 25 basis points to 1.25% in September, pushing borrowing costs to their highest level since April 1995 and taking another step away from decades of ultra-loose monetary policy.

The Federal Reserve raised interest rates for the first time since 2023, delivering a unanimous 25 basis point increase to 3.75%–4.00% in September.

The UK labor market continued to weaken in August 2026, with payroll employment declining for a seventh consecutive month. The number of payrolled employees fell by 26,000 from July to 30.2 million, marking the largest monthly decline since November 2025.