September CPI for Spain comes in hotter than expected at 4.9%
Spain's preliminary September CPI rose 4.9% y/y, above the 4.6% expected, while HICP increased 5.0%.
Spain's preliminary September CPI rose 4.9% y/y, above the 4.6% expected, while HICP increased 5.0%.
RBA's Bullock downplays August CPI as a policy trigger, citing monetary policy lag and stressing the report's limited forward guidance.
Janus Henderson's Michael Contopoulos said the market is nearing its top but cannot specify when. He discussed interest rates and the economy on CNBC.
Australian household spending was flat in August, short of the 0.4% forecast, as the RBA prepared to raise the cash rate to 4.60%.
Annual UK shop price inflation slowed to 1.4% in September, while the BRC warned retailers need business rates support to keep prices down.
Dallas Fed manufacturing index slipped to 9.8 in September from 11.6, though new orders and production rose.
ECB's Lagarde says gradual policy response is appropriate as inflation outlook has risen for 2027-2028.
BoE Deputy Governor Ramsden said persistent high energy prices could justify a rate hike, though he currently sees little second-round effects.
Markets expect the RBA to lift the cash rate to 4.60% tomorrow, with traders focused on guidance and August CPI for the next move.
Core inflation held near 3.3% as Trumpflation spread beyond fuel, posing risks to markets.
US diesel prices posted a record annual gain, echoing the 2008 gasoline spike and raising concerns about persistent inflation.
Japan's services producer price index rose 3.7% in August, the fastest annual pace in over two years, driven by freight and leasing costs.
BOJ July minutes show one member pushed for faster hikes as price risks lean higher, with the pace of future moves seen potentially exceeding marketβ¦
SNB President Martin Schlegel said Swiss inflation forecasts are near the middle of the target range. The central bank held its rate steady at zero.
Family offices cite inflation as top worry, but 46% increased stock exposure. Crypto sees more planned cuts than additions.