Minneapolis Fed President Neel Kashkari said in a Reuters interview on October 1 that further rate increases will likely be needed into 2027, while leaving the timing of the next move unresolved. Kashkari said he was “open-minded” about the October 27–28 meeting and did not have “a strong view” on whether the Fed should hike […]
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The OAT-Bund spread widened past 140.6bp, its widest since the 2012 eurozone debt crisis, as French 10-year yields surged to 4.935% while German Bund yields fell to 3.529%—a divergence pointing to a France-specific sovereign risk Read more…
Tokyo inflation accelerated sharply in September, with headline CPI rising from 1.9% to 2.7% y/y. More importantly, core CPI excluding fresh food jumped from 1.8% to 2.7%, beating the 2.4% consensus, while core-core CPI excluding Read more…
Federal Reserve Vice Chair Philip Jefferson said on October 1 that he sees the US economy remaining resilient, but warned that inflation risks are tilted to the upside as higher energy prices, the AI investment Read more…