October 31, 2025 United States: Fed’s Schmid Cites Inflation Risks in Dissent Against Rate Cut   Federal Reserve Bank of Kansas City President Jeff Schmid said he voted against the US central bank’s decision to lower interest rates this week because he’s concerned that economic growth and investment will put upward pressure on inflation.  

October 30, 2025 United States: US, China to Suspend Reciprocal Port Fees By One Year   The US and China have agreed to suspend tit-for-tat shipping levies on vessels linked to the other for one year, according to Beijing, deescalating a dispute that has become a sticking point in their wider trade war.   Washington

October 29, 2025 United States: US Mortgage Rates Fall to 6.3%, Boosting Purchase Activity   US mortgage rates fell to a fresh one-year low, encouraging more homeowners to refinance and drawing prospective buyers into the market.   The contract rate on a 30-year mortgage fell 7 basis points to 6.3% in the week ended Oct.

October 27, 2025 United States: US Firms Largely Avoid Price Hikes Despite Rising Costs, Survey Shows   Many US companies plan to resist boosting prices in the coming months, even as their costs mount and profit margins come under pressure, a new survey from the National Association for Business Economics showed.   More than half

October 24, 2025 United States: US CPI Rises Less Than Expected, Keeping Fed on Track to Cut   Underlying US inflation rose in September at the slowest pace in three months, keeping the Federal Reserve on course to lower interest rates next week.   The core consumer price index, excluding the often-volatile food and energy