The Federal Reserve chair delivers his first Jackson Hole keynote on August 28, with traders pricing one-in-three odds of a rate increase nineteen days later at the September FOMC meeting.
Category: Economy
Posted inEconomy
US 30-Year Treasury Yield Tops 5.33%, Highest in 19 Years
America’s long-term borrowing costs hit a 19-year high last week as Middle East oil shocks, persistent inflation above 3 percent, and a widening federal deficit pushed bond investors to demand greater compensation.
Posted inEconomy
Three Fed Dissenters Pushed for Rate Hike as July Minutes Reveal Hawkish Split
Minutes from the Federal Reserve’s July 28–29 meeting show three regional presidents voted to raise rates immediately, the largest dissenting bloc of the year, with many participants warning further hikes may be necessary.
Posted inEconomy
US Treasury Doubles Bond Buybacks as National Debt Crosses $40 Trillion
Treasury Secretary Scott Bessent announced plans to double long-end bond buyback operations to at least $4 billion per operation, sending 30-year yields down nearly 10 basis points.
Posted inEconomy
Trump Pauses Canada’s 50% Tariffs for Three Days After Last-Minute Deal Claim
Trump paused 50% tariffs on Canadian goods Wednesday, citing an imminent deal less than 90 minutes before the scheduled 12:01 a.m. deadline.
Posted inEconomy
Australia Holds Rates at 4.35% as Bullock Warns Middle East Risk Could Force Further Hikes
The Reserve Bank of Australia kept its cash rate unchanged at 4.35% in a unanimous August 11 decision, but governor Michele Bullock explicitly left the door open to further increases.
Posted inEconomy
Canada Warns New Tariffs Will Halt Trade Talks as August 19 Deadline Arrives
Canada’s chief negotiator warned Washington that the August 19 tariff deadline risks derailing all bilateral trade talks and forcing Ottawa to retaliate.
Posted inEconomy
US Retail Sales Fell 0.6% in July, First Drop in Nine Months
American consumers pulled back sharply in July, with retail sales posting their largest monthly decline in nine months at –0.6%, raising fresh questions about household resilience.
Posted inEconomy
UK Economy Grows 0.4% in Q2 as Industrial Output Contracts
Britain’s GDP expanded 0.4% in the second quarter of 2026, easing from Q1’s 0.6% pace, as a fall in industrial production and manufacturing cast doubt on the durability of the recovery.
Posted inEconomy
Germany’s China Trade Deficit Swells to €55 Billion as Exports Collapse
German exports to China fell 12% in the first half of 2026, pushing the bilateral trade deficit to €55 billion as Beijing deepens its domestic supply chains and cuts reliance on European goods.