October 9, 2025 United States: Fed’s Williams Is Watching Job Market, Backs More Rate Cuts   Federal Reserve Bank of New York President John Williams backed additional interest-rate cuts this year and said he is paying close attention to US employment, which has shown recent signs of weakness.   “The risks of a further slowdown

October 8, 2025 United States: US Mortgage Activity Dips Again in Swift Reversal of Home Demand   Applications for mortgages to buy a home or refinance both fell for a second week, marking a swift reversal of what had been a hopeful sign of a revival in the US housing market.   The Mortgage Bankers

October 7, 2025 United States: Trump Says US Tariffs on Heavy Truck Imports to Begin Nov. 1   President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries.  The proposal has been subject to an intense lobbying campaign

October 6, 2025 United States: White House Raises Pressure on Democrats If Shutdown Vote Fails   The White House tightened its pressure on congressional Democrats as a US government shutdown lurched into a second week, saying it would give the holdouts another chance to agree to the spending bill before initiating mass firings of federal