July rate hike was no one-off, BOK deputy governor says

The Bank of Korea should keep raising interest rates after its first hike in more than three years, as strong growth and persistent inflation outweigh recent stabilization in the won and stock market, a senior central bank official said Tuesday. "Looking ahead, growth is expected to remain solid on the back of unpreced

At 5.59%, the average new mortgage rate at the start of August was back to where it was at the start of June, after a fall in July, Moneyfacts said.

TOKYO (Kyodo) -- A Bank of Japan policymaker called for the central bank to consider speeding up the pace of interest rate hikes given upside risks to

At its July meeting, the BOJ held its policy rate at 1% and signaled it could possibly raise it in September, saying it's watching the weak yen's impact on prices and growth.

BOJ debated scope to hasten rate-hike pace in July, summary shows  Reuters

JGBs Edge Lower Amid Potentially Quicker Pace of BOJ Rate Hikes  WSJ

The U.S. economy shed 23,000 jobs in July, far below forecasts of an 83,000 gain, shifting trader expectations away from a September rate hike

US employers lost 23,000 jobs in July – far below estimates that the economy would add more than 80,000 jobs, the Bureau of Labor Statistics said Friday.

Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.

US stocks edge lower as oil prices rise and more earnings reports roll in  AP News

Stocks edged lower on Wall Street as oil prices rose and more company earnings reports rolled in

The region saw 5,995 homes change hands last month, down 0.9 per cent from July 2025, however sales rose 3.2 per cent from June on a seasonally adjusted basis.

The Greater Toronto Area’s housing market cooled in July after a run of four straight months with year-over-year gains.

Greater Toronto home sales tick lower in July as prices fall: real estate board  Toronto Star