The Federal Open Market Committee will meet on Tuesday and Wednesday before announcing the federal-funds rate target range, which has sat at 4.25% to 4.5% since December. The decision will go public at 2 p.m. Eastern time on Wednesday, and Fed Chair Jerome Powell will address the media at 2:30 p.m.

The USD/CAD exchange rate remained in a tight range last week, as neither the United States nor Canada released any major economic data

Mexico’s annual inflation slowed more than expected in early July, supporting the central bank’s decision to leave the door open to further easing after last month’s interest rate cut.

A U.S. Federal Reserve interest-rate decision; President Trump’s August 1 deadline for reciprocal tariffs; and key data on U.S. jobs, economic growth and inflation will take center stage in a busy week for markets.

If, as expected, they show a continued fall in vacancies, then that strengthens the argument for going ahead with a cut in rates. Bloomberg is predicting a 4.9% unemployment rate, up from the 4.6% reported last month. But as always it is important to keep all the figures in perspective.

It could influence the Federal Reserve’s interest rate decision, which could impact mortgage rates and the stock market. The post Inflation, interest rates, and economic implications appeared ...