Kyle Risdahl

Traders, well, they do love them some rate cut talk.

We will have the details when we do the numbers.

So a cut today, another cut in 2026, maybe two.

But we are starting to see the Fed's policy diverge from other central banks around the world.

Over the past couple of days, there have been suggestions from the central banks of Canada, Australia and the Eurozone that they might be done cutting rates for now, might even raise soonish.

Marketplace's Justin Ho spent some time today trying to figure out why other central banks are feeling that upward pressure on rates and what that might mean here.

Because normally the business cycle in different regions moves together and everybody's doing the same thing at the same time.

The fracturing of the global trading system puts upward pressure on interest rates.

Weak immigration puts pressure on interest rates.

spending on the military puts pressure on interest rates.

Capital markets are global, so the money is going to move to where the rate of return looks good.

Tis the season is a phrase bandied about quite a bit this time of year.

For those of us in business and economic journalism, however, the season can mean something a little bit different.

Earnings season.

It comes but four times a year.

Public companies open their books once a quarter to show everybody how much they made or lost the past three months.

Quarterly earnings reports have been required in the United States since the 1970s.

Transparency, right?

Informed investors.

But they can also distort the way companies do business.