Argentina's bold economic reforms continue as President Javier Milei devalued the peso by a staggering 54%, pushing the official exchange rate from $366.5 to $800 pesos per US dollar.

In its recent release, the Federal Reserve has decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent.

In a pivotal decision today, the Bank of Canada has maintained its overnight rate target at 5%, indicating a steady course amidst moderating inflation.

Federal Reserve's latest update: Economic activity rises in Q3 while inflation stays elevated. Interest rates remain steady at 5-1/4 to 5-1/2 percent. Insights on job gains, banking system health, and future monetary policy.

Explore the Bank of Canada's latest rate announcement where it maintains its policy rate and continues with quantitative tightening amid global economic slowdown. Uncover how these monetary measures interact with Canada's economic outlook and global financial dynamics.

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