Europe’s increasingly severe summer heat is becoming an economic variable that financial markets can no longer treat as a temporary weather disturbance. Record temperatures, drought and wildfires are disrupting river transport, agricultural production and parts of the energy system, creating… Read More ›
Day: August 9, 2026
July Weak Hiring Complicates the US Fed’s Inflation Fight Despite Rate Hike Calls
The sharp deterioration in the United States jobs market has complicated the Federal Reserve’s emerging case for higher interest rates, forcing investors to reconsider expectations for a September increase even as inflation remains well above the central bank’s target. The… Read More ›