WSJ Economy

Bangko Sentral ng Pilipinas raised interest rates again as it looks to tame inflation fueled by the conflict in the Middle East.

The U.K.’s unemployment rate inched down in the three months through April while wage growth remained flat.

In his debut as chairman, Kevin Warsh stripped away the central bank’s policy hints and committed to bringing inflation down—but wouldn’t say what that will take.

The central bank cut interest rates for the third consecutive time as economic growth remains sluggish even as inflation stays high.

New task forces, new projections, rate increases on the horizon—it was an eventful first meeting for the central bank’s new head.

“Granny flats” in California and single-staircase codes in Texas: States are trying to fill a gap that has pushed homeownership out of reach for many.

The pending-home sales index, a leading indicator of house sales based on contract signings, rose 3.8% on month to 76.8. Economists polled by The Wall Street Journal had forecast a 1% increase.

Abundant reserves, alternative supplies and the AI boom helped mitigate the economic harm.

Sales growth rose more than expected for U.S. retailers in May, as consumers continued to make purchases even as gasoline prices remained elevated.

Lawmakers approved the deal Tuesday ahead of a deadline set by Trump that would have ramped up tariffs on cars.

Housing starts fell 15.4% in May to 1.177 million, significantly below economists’ expectations of a 2.4% decline.

Fewer central banks now store bullion in London and New York—a reflection of growing geopolitical concerns and the desire to ensure greater control and access to reserves.

The central bank raised its policy rate to 1% as elevated energy prices stoke inflation fears.

The Reserve Bank of Australia held interest rates steady as it weighs the impact of its recent rate hikes on inflation.

The country’s economic growth has become increasingly reliant on exports, stirring up geopolitical tensions.

Former pension-fund and BlackRock executive Mark Wiseman said Canadians shouldn’t get too focused on the formal review process starting on July 1 concerning the existing U.S.-Mexico-Canada trade treaty, USMCA.

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The impact of the jump in energy prices will continue to be felt in the coming months, Bundesbank President Joachim Nagel said Monday.

Production rose by 0.1% last month, after rising 0.9% in April. Analysts polled by The Wall Street Journal expected a 0.3% increase.

The Federal Reserve Bank of New York said that its statewide manufacturing index of business conditions grew at a slower pace in June at 5.7, compared with 19.6 in May.