Economy · Important news for 3 September 2026
5 things to know from G20 finance summit
China Revamps Home-Sales System That Worsened Its Meltdown
South Korea Plans Record Budget Expansion Powered by Chip Tax Windfall
Energy Prices Surge on Iran Fighting, Reviving Inflation Fears
US Treasury Chief Bessent Says China Blocked G20 Communique Over Trade Dispute
Solar surpasses coal in China, becoming top power source
Sharp rise in utility bills pushes Russia's inflation further off target
Bank of Canada Holds Rates Steady, Warns of Trade and Geopolitical Risks
The Bank of Canada maintained interest rates for the seventh straight meeting while highlighting inflation risks stemming from international trade tensions, U.S. tariff disputes, and conflict in Iran.
- The Bank of Canada kept interest rates steady for a seventh consecutive meeting.
- The bank pointed to trade war escalation and Iran conflict risks as primary inflation drivers.
- Bank of Canada is set to hold borrowing costs steady.
- Trade war with the US creates new dilemmas for Governor Tiff Macklem.
- The Bank of Canada held its interest rate steady.
- Policymakers are factoring potential U.S. tariff disputes into their economic outlook.
G20 wraps without consensus amid bond market sell-off
IMF agrees $2.2B Senegal loan package
Nigeria's economy grows at fastest pace in five years
Australia’s Economic Growth Accelerates, Fueling Rate-Hike Expectations
South Korea Inflation Exceeds 3% on Phone Bill Impact, Boosting Tightening Case
China blocks consensus on G20 communiqué over trade language
US Private Payrolls Rose by 38,000 in August, ADP Data Shows
Bessent Suggests Backing for BOJ Action in Meeting With Ueda
Finland Narrows Deficit in 2027 Budget as Economy Recovers
Israel Cuts Interest Rates for Third Consecutive Meeting
Brazil Economy Loses Steam as High Rates Bite Before Vote
Colombia's new president pledges to revive oil and gas sector
RBI’s Short Dollar Book Surges to Record on Diaspora Deposits
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