Economy

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Illustrative photograph: a central-bank building facade.
Economy

US hiring slows to 29,000 in September as unemployment edges up to 4.2%

The Bureau of Labor Statistics reported the weakest payroll gain of the year on 2 October, with prior months revised down by 60,000, two weeks after the Federal Reserve raised its policy rate to a 3.75%–4% range.

Rowan Okonkwo · October 15, 2026
Illustrative photograph: a central-bank building facade.
Economy

RBA raises cash rate to 4.60%, its fourth increase of 2026, as inflation risks build

Australia's central bank lifted its policy rate by 25 basis points on 29 September to the highest level since 2011, saying upside risks to inflation were "materialising", and left the door open to further tightening at its November meeting.

Rowan Okonkwo · October 15, 2026
Illustrative photograph: euro banknotes.
Economy

Eurozone inflation jumps to 3.8% in September as energy prices rise 18.8%

Eurostat's flash estimate published on 2 October showed euro area inflation accelerating from 3.2% in August, above the 3.6% economists expected, with energy up 18.8% year on year; the ECB meets on 29 October after raising its deposit rate to 2.5% in September.

Rowan Okonkwo · October 15, 2026