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The remarks from New York Federal Reserve (Fed) Bank President John Williams, in an interview with Reuters that took place on Friday and was released during the European trading session on Monday, signal that he was confident about inflation returning to the central bank’s 2% target. Williams keeps the option of monetary policy adjustment on…
Prior month +18.2K Unemployment rate 6.4% vs 6.5% expected Prior 6.5% Full-time employment +38.6K vs +0.6K prior Part-time employment +36.6K vs +17.5K prior Participation rate 65.1% vs 65.0% prior Average hourly wages y/y 2.8% vs 3.3% prior Canada’s labour market strengthened further in July, with employment rising by 75.1K and the unemployment rate edging down…
US hurricane center says 80% chance of cyclone in next 48 hours near Florida
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Monetary Policy Summary, April 2026 At its meeting ending on 29 April 2026, the Monetary Policy Committee (MPC) voted by a majority of 8–1 to maintain Bank Rate at 3.75%. One member voted to increase Bank Rate by 0.25 percentage points, to 4%. The conflict in the Middle East means that prospects for global energy…
Home Awards Award Winners Best Sub-Custodian Banks 2026: Central and Eastern Europe Global Finance honors the financial institutions modernizing sub-custody. Central and Eastern Europe UNICREDIT Julia B. Romhanyi, UniCredit In Central and Eastern Europe (CEE), UniCredit is bolstering its franchise through enhancements to its business model. The recent launch of an internal strategic initiative is designed…