United States API Weekly Crude Oil Stock up to -0.974M in August 22 from previous -2.4M

Aug 26, 2025

BoC's Macklem reaffirms dropping inflation target amid trade policy uncertainty

Bank of Canada (BoC) Governor Tiff Macklem noted that the BoC will not be revisiting its 2% inflation targets for the foreseeable future, citing uncertainty around trade and ever-changing tariff policies from the United States (US).

Donald Trump announces he will have a "majority" on the Fed

United States (US) President Donald Trump stepped in it on Tuesday, declaring that there would soon be a majority of rate-cut voters on the Federal Reserve's (Fed) interest rate setting voting body, the Federal Open Market Committee (FOMC).