Economy

Economy coverage from the StreamSage Economy desk. Sources on every story.

• BOJ Hikes Rates Again as US and Japan Press Ueda

  Governor Kazuo Ueda raised rates for a second time in three months while facing conflicting pressures from Washington and Tokyo.

• US factory output fell 0.3% in August

  Production declined for the first time this year, missing a forecast for a 0.3% advance, according to Federal Reserve data.

• Lagarde Says She’ll Leave ECB in 2027, Won’t Give Exact Date

  ECB president reiterates departure next year but declines to confirm if she stays until her term ends in October.

• Japan retail bond sales hit record as yields rise

  Retail government bond sales rose 84% to a record ¥5.14 trillion in April–September, giving Tokyo a new funding channel.

• Argentina's Economy Contracts for First Time in Two Years

  The second-quarter contraction marks a setback for President Javier Milei's administration.

• France PM to propose spending cuts after deficit miss

  Lecornu's plan sets up a parliamentary fight that risks toppling the government before presidential elections.

• Bloomberg Hosts Live Q&A on Fed Rate Hike

  Michael McKee discusses the unanimous decision and political fallout with three reporters starting at 1:15 p.m. EDT.

• Czech Bank Holds Rates at 3.75% With Hike Option Left Open

  Governor Ales Michl said the June rate increase sufficiently tightened conditions for now, but a further rise remains possible.

• Warsh Frames Fed Rate Hike as Positive for Economic Growth

  Federal Reserve Chair Kevin Warsh described the central bank's first rate increase in three years as a good-news story for the economy.

• Bank of England Pauses Gilt Sales Until April

  UK government borrowing costs fell after the central bank halted sales from its £488 billion portfolio and ended long-dated bond disposals.

• Bank of England Holds Rates at 3.75% Amid Middle East Warning

  The central bank maintained its benchmark rate while noting a potential hike if conflict-driven inflation pressures intensify.

• RBI sells 500 billion rupees of bonds in open market operation

  The central bank cleared 2029-2032 tenors at cutoff prices between 102.25 and 105.63 rupees on Thursday.

• New Zealand Q2 GDP Beats Estimates

  New Zealand GDP rose 0.2% in the quarter through June, beating the 0.1% median estimate.

• Fed Hikes Rates 25 Basis Points Under Warsh

  The Federal Reserve raised rates by 25 basis points on Sept. 16 and indicated another move is possible later this year.

• Zcash breaks out as 10-year yield tops 2007 close

  Zcash closed up 18.9% and the 10-year note settled at 5.01%, its highest since 2007, following a unanimous Fed rate hike.

• Brazil cuts rates to 13.75% ahead of tight election

  The central bank lowered the benchmark rate by 25 basis points as inflation slows and economic growth weakens, just weeks before a close presidential race.

• Fed hikes rates by 25 bps, signals further move this year

  The Federal Reserve lifted its benchmark rate by a quarter point and plans a second increase later in 2026 to contain inflation.

• BlackRock's Rosenberg Weighs In After Fed's 25 Basis Point Hike

  Jeffrey Rosenberg, portfolio manager of the systematic alternative ETF at BlackRock, discussed the implications of the Federal Reserve's latest rate hike on "Bloomberg Surveillance.

• Fed Unanimously Raises Rates for First Time in Three Years

  The unanimous vote marks the first rate increase in over three years, a move that strengthens Chair Kevin Warsh’s credibility, Bloomberg Opinion columnist Jonathan Levin said.

• Fed Raises Rates to 3.75%-4.00% in First Hike Since 2023

  The unanimous move included a signal of one more hike before year-end, while Bitcoin held near $75,500.