Economy

Economy coverage from the StreamSage Economy desk. Sources on every story. Page 5.

• The Case Against a Warsh Hike

  ABN AMRO Investment Solutions and Brandywine Global Investment Management question claims that Chairman Kevin Warsh plans to raise rates.

• Warsh says Fed ready to act if inflation misses 2% target

  Kevin Gordon and Ann Miletti say upcoming inflation data will decide whether policymakers raise rates in September.

• ECB's Dolenc Cites Case for September Interest Rate Hike

  Primoz Dolenc stated there is a strong case for raising rates next month, noting December data will provide more clarity on inflation.

• BOK Weighed on Second Consecutive Rate Hike

  Bloomberg survey of 22 economists shows 14 forecast a hike to 3%, with 8 expecting a hold.

• Former BOJ Member Predicts Rate Hike Next Month

  The ex-official also anticipates a subsequent rate increase as early as next January.

• Goldman sees China growth at 4%, revives easing hopes

  Goldman Sachs Group Inc. estimates Chinese economic expansion fell further below Beijing's 4.5% to 5% annual target in early Q3, fueling expectations for monetary easing.

• Kevin Warsh to Deliver First Jackson Hole Speech as Fed Chair

  Investors look to Warsh for clarity on how the Fed will address stubborn inflation during the central bank's annual gathering.

• US Debt Hits $40 Trillion as Deficits Widen

  Total public debt surged by a third in five years, while lawmakers shrug off calls to address fiscal deficits.

• Bessent Treasury intervention complicates Warsh Fed policy role

  Treasury Secretary Scott Bessent intervened in bond markets this week, a move experts say undermines Federal Reserve Chairman Kevin Warsh's credibility on interest rates.

• Asian Stocks Rebound as US Treasury Plans Buyback Boost

  Wall Street led the way higher after US officials announced plans to increase purchases of long-dated bonds to ease borrowing costs.

• US Public Debt Exceeds $40 Trillion for First Time

  US public debt has surged by a third in less than five years, according to Bloomberg Economics.

• Fed Minutes Show Many Officials Said Rate Hikes May Be Needed

  Minutes from the central bank’s most recent policy debate show several officials favored a hike and many called for tightening if inflation did not decline.

• Mizuho expects BOJ rate hike as soon as next month

  Mizuho Financial Group forecasts the next Bank of Japan interest rate hike could occur next month, citing a weak yen and inflation.

• ECB’s Lane Says Inflation to Hover Near 3% for Rest of Year

  European Central Bank Chief Economist Philip Lane stated that consumer-price increases are likely to hold "well above" the 2% target in 2026, according to Bloomberg Economics.

• Rieder says 2% inflation target remains out of reach

  BlackRock's Rick Rieder argues the latest CPI report is celebratory but that long-end yield pressures, not overnight rates, are the more pressing market issue.