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BoC Governor Macklem said future interest-rate policy will depend on how businesses and households respond to elevated energy prices and a resurgence in trade uncertainty, and that BoC officials stand ready to adjust policy as those risks evolve. He

2026-09-21

BoC Governor Macklem said future interest-rate policy will depend on how businesses and households respond to elevated energy prices and a resurgence in trade uncertainty, and that BoC officials stand ready to adjust policy as those risks evolve. He added that if inflationary pressures ease the bank would not want to slow growth by raising the policy rate, but if inflation proves more persistent the bank does not want to be slow to react.

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2026-09-21

The head of the integrated planning department of the National Iranian Gas Company stated that the partial loss of production capacity at the Pars refinery in the south has been restored, and that two phases of the accelerated resumption of productio

The head of the integrated planning department of the National Iranian Gas Company stated that the partial loss of production capacity at the Pars refinery in the south has been restored, and that two phases of the accelerated resumption of production plan have been completed.
2026-09-21

Westpac chief economist Luci Ellis has brought forward her expectation for a Reserve Bank of Australia (RBA) rate hike to September, saying the governor's comments satisfied the conditions set at the August meeting for further tightening. She acknowl

Westpac chief economist Luci Ellis has brought forward her expectation for a Reserve Bank of Australia (RBA) rate hike to September, saying the governor's comments satisfied the conditions set at the August meeting for further tightening. She acknowledged tactical reasons to delay — August monthly CPI due next day, easing Middle East tensions, potential fuel excise adjustments or a weak jobs print could complicate timing — but judged hawkish signals to carry greater weight. Westpac expects a divided vote at the RBA as members differ on trend productivity, labor supply and the degree of labor-market slack; the underemployment rate has risen sharply.
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