Bank of Canada holds rates, says threat to Fed independence adds to uncertainty
Bank of Canada cites trade uncertainty as big risk this yearMaintained its forecast for modest growth in 2026…
US consumer confidence dives to a more than 11-1/2-year low
Consumer confidence sags to lowest level in more than 11-1/2 yearsConsumers’ perceptions of the labor market weakened considerablyHouse…
Surprise UK retail sales rise adds to signs of pickup in economy
UK retail sales rise 0.4% in DecemberEconomists had expected 0.1% fallData adds to early signs of post-budget improvement…
US job growth stuck at stall speed in December; unemployment rate dips to 4.4%
Nonfarm payrolls increase by 50,000 jobs in DecemberJob growth last month was concentrated in a few sectorsUnemployment rate…
Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds
Fed reduces policy rate by quarter of a percentage pointThree policymakers dissent on decisionPolicymakers see one rate cut…
China’s economy jolted by weakest factory output, retail sales growth in over a year
China’s factory output and retail sales hit weakest pace in over a yearData highlight twin economic challenges of…