Canada Gross Domestic Product (MoM) below forecasts (0%) in August: Actual (-0.3%)

Oct 31, 2025

ECB's Villeroy: We must maintain full optionality to act as necessary

European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Friday that the ECB is in a good position following Thursday's decision but added that this position is not a fixed one.

Fed's Schmid: Dissented against rate cut because of continued momentum in economy

In a statement published on Friday, Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid explained he voted in favor of keeping the policy rate unchanged because "the labor market is largely in balance, the economy shows continued momentum, and inflation remains too high."

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Canada Gross Domestic Product (MoM) below forecasts (0%) in August: Actual (-0.3%)

ECB's Villeroy: We must maintain full optionality to act as necessary

Fed's Schmid: Dissented against rate cut because of continued momentum in economy