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Fed should proceed ‘with caution’ on rate cuts, Logan says

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(Reuters) - The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation,...
Bussiness

US Inflation Progress Gets Harder in Last Mile Down

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(Bloomberg) -- US inflation probably moved sideways at best in October, highlighting the uneven path of easing price pressures in...
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‘More of the same’: Jobless rate holds steady at 6.5% in October amid weak hiring

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OTTAWA — The Canadian job market posted another weak hiring month in October as employers added a modest 15,000 jobs,...
Bussiness

Canada’s economy adds 14,500 jobs in October

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TORONTO (Reuters) - Canada's economy added 14,500 jobs in October and the jobless rate held at 6.5% from September, Statistics...
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Canada’s unemployment rate holds steady at 6.5% as jobs report misses expectations

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Canada’s labour market added a net 14,500 jobs in October, while the unemployment rate held steady at 6.5 per cent,...
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Canada’s unemployment rate holds steady at 6.5% in October – National | Globalnews.ca

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Most employed Canadians are happy in their roles, Statistics Canada’s October employment survey showed, even as a growing number give up on the job...
Bussiness

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

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WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady...
Bussiness

BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut

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OTTAWA — The Bank of Canada considered cutting its key interest rate by just a quarter of a percentage point...
Bussiness

Dollar Weakens as US Polls Signal No Clear Leader: Markets Wrap

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(Bloomberg) -- The dollar weakened as the latest raft of US presidential election polling data showed no clear advantage between...
Bussiness

Federal Reserve is set to cut rates again while facing a hazy post-election outlook

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WASHINGTON (AP) — No one knows how Tuesday's presidential election will turn out, but the Federal Reserve's move two days...
Bussiness

Federal Reserve is set to cut rates again while facing a hazy post-election outlook

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WASHINGTON (AP) — No one knows how Tuesday's presidential election will turn out, but the Federal Reserve's move two days...
Bussiness

Charting the Global Economy: US Job Growth Tanks Ahead of Election, Fed Meeting

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(Bloomberg) -- US hiring in October was the weakest since 2020, reflecting the impact of severe hurricanes and a strike...
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