Bank of Canada holds benchmark rate steady at 2.75%

The Bank of Canada held its interest rate at 2.75%, pausing after seven cuts amid economic uncertainty and discussions on future monetary policy adjustments.

US manufacturing output slows in March; tariffs cloud hangs over factories

U.S. manufacturing showed moderate growth in March, but tariffs pose risks to recovery, with varied production increases across sectors as economic conditions remain uncertain.

FULL TEXT-Bank of Canada held rates as it seeks more information on tariffs, says Governor

The Bank of Canada maintains its interest rate at 2.75% amid trade uncertainty and inflation increases, emphasizing cautious monitoring of economic conditions and potential scenarios.

WTO slashes 2025 trade growth forecast, warns of deeper slump

The WTO forecasts a 0.2% decline in global merchandise trade due to U.S. tariffs and economic tensions, signaling a potential recession and affecting services trade.

Financial institutions’ gender balance progress under threat, study shows

A report reveals the slow progress of women in financial leadership and the threat to diversity initiatives due to rollbacks in the U.S. and globally.

Powell says Fed remains in wait-and-see mode; markets processing policy shifts

UK inflation slows before expected jump from April

Morning Bid: Markets wobble over US-China wrangling

China unexpectedly anoints new trade negotiator amid US tariff war

New Zealand central bank’s budget to see 25% cut in coming year

New Zealand's central bank will cut its budget by 25% to NZ$150 million annually for five years, amid government austerity measures and increased operational efficiency.