Powell to deliver final Jackson Hole speech under Wall Street, White House watch
Fed chair faces pressure to meet dual employment, inflation mandate
- By: Christopher Rugaber, The Associated Press
- August 21, 2025 August 21, 2025
- 11:58
Fed chair faces pressure to meet dual employment, inflation mandate
Author argues that the use of ESG ratings is 'not compatible' with the fiduciary duty of a fund manager
15% tariffs hit EU exports, retroactive relief possible for cars
Beijing has already poured billions of dollars into infrastructure in Pakistan
Experts urge stablecoin rules as China tests digital yuan
Trump-era policies and weak hiring weigh on U.S. labour market
Big Six plus Desjardins Group in good shape to weather soft economy
Prime minister pledges loans, investment in AI to speed digitalization
Group says disclosures fail to reflect full emissions impact of oil and gas
Inflation jumps to 3.8% in July, dimming hopes for rate cuts
Agentic AI, federal budget measures are developments to watch
"[W]e have not totally escaped the trade war in our inflation data": Doug Porter
While gas prices eased, food and housing costs climbed
Aggregate capital raised in first five months of the year reached $5.2B
China reported a 3.7% increase in July retail sales, missing analyst expectations of a 4.6% rise
Seasonally adjusted annual rate of housing starts reached 294,085 units last month
Average non-mortgage debt per consumer rose to $22,147
Expectations for Tuesday's inflation report range from 1.6% to 1.9%
Beijing filed a WTO complaint Friday in response to Canadian restrictions on Chinese imports
One-third of wholesale businesses were affected by trade war in June
Sales were up 0.3% in June, to $68.5 billion
Tariff-driven front-loading is "tapering off," according to an Oxford Economics report
Sales climbed 6.6% in July, relative to one year ago
This follows two months of spending declines, in April and May