Economy
China Announces $1 Trillion Push to Become 'Sports Powerhouse'
US and EU pressure Iran with sanctions as oil prices rise
US jobs report shows strong August job growth
White House and analysts clash over Strait of Hormuz oil flow claims
US Trade Gap Widens to Largest Since Early 2025 on AI Push
US job market rebounds with 162,000 added jobs as unemployment holds steady
August jobs report beats expectations as Trump threatens trade cutoff over rates
US economy adds 162,000 jobs in August, beating market expectations
Trump threatens to halt trade with top partners unless Fed cuts rates
Kazakhstan Delivers Third Rate Cut on Inflation Slowdown
China faces trade pressure at G20 finance meetings
US Fed Governor Waller Floats September Rate Hold
U.S. Federal Reserve Governor Christopher Waller suggested holding interest rates steady if inflation continues to cool, noting that his upcoming decisions will depend heavily on the August inflation data releasing next week. The remarks sparked market rallies, pushed global bond yields down, and drove the U.S. dollar to its lowest level since May alongside a strong yen surge.
- US Fed Governor Waller advocated holding interest rates steady if inflation continues to cool.
- Markets rallied and global bond yields dipped following the statement.
- Federal Reserve Governor Christopher Waller noted progress on inflation.
- The dollar fell to its lowest level since May.
- Christopher Waller stated next rate decision will be influenced by August inflation data.
Part of the storyline: Will the Fed raise rates again?
US Services Sector Expands in August with Price Gauge at Four-Year High
Ghana Tightens Gold Export Regulations to Retain Value Domestically
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