Final September UMich consumer sentiment hits 48.1, topping 47.6 forecast
Final September UMich consumer sentiment beat expectations at 48.1, with inflation expectations remaining elevated.
Final September UMich consumer sentiment beat expectations at 48.1, with inflation expectations remaining elevated.
New York Fed President John Williams warned that repeated supply shocks are complicating the fight to bring inflation back to 2%.
GfK German consumer climate index fell to -30.6 in October, well below the expected -27.4, as energy costs weigh on household confidence.
The 30-year mortgage rate rose to 7.45% as Treasury yields surged, putting pressure on Bitcoin and crypto markets.
Oxford Economics' US business-cycle indicator sounds recession alarm, but consumer spending and AI investment remain strong.
Daiwa Securities predicts the Bank of Japan will raise rates again in December 2026, followed by a hike in April 2027, as the BOJ shifts to maintaining…
Fed's Paulson signals another rate hike may be needed; other officials echo hawkish stance.
BOE Deputy Governor Breeden says energy prices may stay elevated, potentially forcing policy response despite limited pass-through.
Fed's Hammack says inflation risks are tilted upward, supply shocks challenge policy.
ECB board member Isabel Schnabel is reportedly leaving to join the IMF in a senior position.
Fed's Williams says another rate hike this year is 'reasonable' and inflation is the biggest obstacle.
Germany's Ifo business climate index rose to 89.9 in September, beating expectations, while the expectations index also climbed.
Strong economic data can sometimes hurt stocks if it raises inflation fears and prompts tighter monetary policy.
European stocks opened lower as surging bond yields and higher oil prices weighed on risk sentiment.
French consumer and business confidence remained weak in September, with inflation pressures clouding the outlook.