October 17, 2025 United States: Fed’s Policy Benchmark Rate Rises for Third Time in a Month The effective federal funds rate edged higher for the third time in a month as the Federal Reserve’s balance-sheet runoff and Treasury auction settlements continue to weigh on funding markets. The benchmark rate rose one basis point
October 16, 2025 United States: NY Fed Regional Services Activity Shrinks by Most Since 2021 Services activity in the New York area contracted at the fastest pace in more than four years, reflecting a sharper decline in business activity and headcount. The Federal Reserve Bank of New York’s October index, which measures
October 15, 2025 United States: Private Inflation Data Shows Some Goods Are Getting More Expensive Due to Tariffs Private-sector measures suggest US inflation picked up in September, offering more evidence of tariffs boosting certain prices in the absence of official government metrics. Prices for goods like household equipment and furniture rose firmly,
October 14, 2025 United States: US Small-Business Optimism Falls to Three-Month Low on Economy Sentiment among US small businesses fell in September to a three-month low on less optimism about the economic outlook and greater concern about excess inventory. The National Federation of Independent Business optimism index declined 2 points to 98.8, according
October 13, 2025 United States: Economists Mark Up US Growth Forecasts, See Tepid Job Gains, Survey Shows Economists marked up their estimates for US economic growth this year and next, though job growth is expected to remain weak, according to a survey from the National Association for Business Economics. Inflation-adjusted gross domestic
October 10, 2025 United States: US Initial Jobless Claims Rise to 235,000 in Goldman Analysis Applications for US unemployment benefits rose last week, according to a Goldman Sachs Group Inc. analysis of state-level filings released during the federal government shutdown. Initial claims rose to about 235,000 in the week ended Oct. 4 from
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
