Economist Claudia Sahm says the latest jobs report offers a bit of relief—growth is steady, inflation isn’t spiraling, and the labor market isn’t overheating. She breaks it down in a Bloomberg TV chat, suggesting things might be cooling just enough to avoid drastic Fed moves.

Editor’s Note: Jobs data can feel like a Rorschach test—everyone sees something different. But Sahm’s take hints at a "Goldilocks" scenario: not too hot, not too cold. If she’s right, it could mean smoother sailing for interest rates and fewer shocks for workers and businesses. Worth keeping an eye on.

Ghana's government bonds just got a boost as investors reacted to some encouraging inflation news. The country's latest data shows inflation has dropped to its lowest level in over three years, making bonds more attractive—so demand went up, and yields (the returns investors get) fell.

Editor’s Note: Lower inflation is a big deal for Ghana's economy—it means prices aren’t rising as fast, which gives the central bank room to ease up on high interest rates. For everyday Ghanaians, this could eventually mean cheaper loans and a more stable economy. For investors, it’s a sign of confidence, at least for now.

Despite some fears of an economic slowdown, the job market is holding up surprisingly well—so the Federal Reserve is likely to keep interest rates steady for now. This isn’t the "soft landing" victory lap yet, but it suggests the economy isn’t tanking either.

Editor’s Note: For anyone worried about layoffs or a sudden downturn, this is a bit of reassuring news. The Fed’s hesitation to cut rates signals they’re still watching inflation, but the job market’s resilience means things aren’t as dire as some headlines suggest. Basically: no big moves yet, just cautious waiting.

The U.S. just released a strong jobs report, showing the labor market is holding up well. Because of this, the Federal Reserve is likely to hold off on cutting interest rates for now—even though President Trump has been pushing for lower borrowing costs to boost the economy.

Editor’s Note: This isn’t just about jobs—it’s about the Fed’s next move. A healthy labor market gives the central bank less reason to cut rates, which means mortgages, loans, and savings rates might stay where they are for a while. Trump wants cheaper money to juice growth, but the Fed’s playing it safe. For everyday folks, it’s a sign the economy’s still chugging along, but don’t expect relief on borrowing costs anytime soon.

The US services sector—which covers everything from hospitality to healthcare—showed signs of recovery after a rough patch, but there’s a catch: businesses are still cutting jobs. It’s a mixed bag—demand might be picking up, but employers aren’t ready to hire more workers just yet.

Editor’s Note: This isn’t just a dry economic report—it’s a snapshot of an uneven recovery. If the services sector is improving but jobs are shrinking, it could mean companies are squeezing more out of fewer workers rather than expanding. For everyday people, that might translate to busier shifts without more pay—or job hunting getting even tougher.

The US job market surprised economists by adding 147,000 jobs in June—more than predicted. This unexpected strength is making Wall Street rethink its assumptions about imminent interest rate cuts from the Fed.

Editor’s Note: Strong job growth is usually good news, but here’s the twist: it might delay hoped-for rate cuts, which could keep borrowing costs higher for longer. For everyday folks, that means mortgages and loans might not get cheaper as soon as some had hoped. Investors are now recalibrating their bets, and workers are left wondering if wage growth can keep up with stubborn inflation.

The UK’s borrowing costs just dropped, and the pound got a boost—signs that investors are feeling a bit more confident after the Prime Minister emphasized tight collaboration with Rachel Reeves, the shadow chancellor. Basically, the markets are breathing a sigh of relief, at least for now.

Editor’s Note: When borrowing costs fall, it’s cheaper for the government to fund everything from hospitals to infrastructure—and that’s good news for everyone. The pound’s rally also hints that investors aren’t as jittery about UK stability. Political teamwork, even just the appearance of it, can go a long way in calming financial nerves.

Canada’s trade gap shrank in May thanks to a boost in exports, particularly energy products and motor vehicles. While imports dipped slightly, the real story is the export rebound—a sign that global demand might be picking up.

Editor’s Note: A smaller trade deficit is good news for Canada’s economy, suggesting stronger sales abroad. If this trend holds, it could ease some pressure on growth concerns, especially with shaky global markets. For everyday folks, it’s a hint that industries like energy and manufacturing are holding their own—which matters for jobs and investment.

India's services sector is picking up steam, hitting its fastest growth rate in nearly a year this June. The surge comes from strong demand both at home and abroad, pushing the Services PMI (a key measure of sector health) to 60.4—its highest since August 2024. New orders are rolling in, and companies are hiring more, but oddly, business optimism has dipped slightly.

Editor’s Note: This isn’t just a blip—it’s a sign India’s economy is humming along, especially in services (think hospitality, IT, finance). Strong exports suggest global demand is holding up, which is good news for jobs and spending. But the dip in confidence hints that businesses might be wary of future hurdles, like inflation or policy shifts. Worth watching to see if this momentum holds.