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Turkish central bank governor: The downward trend in inflation in the service sector continues.

2026-08-13

Turkish central bank governor: The downward trend in inflation in the service sector continues.

Other News
2026-08-13

WSJ reported, citing people familiar with talks, that Mexico is pressing the US to lower tariffs on North American autos as part of discussions to revise the US‑Mexico‑Canada Agreement. The demand responds to the Trump administration’s prior push for

WSJ reported, citing people familiar with talks, that Mexico is pressing the US to lower tariffs on North American autos as part of discussions to revise the US‑Mexico‑Canada Agreement. The demand responds to the Trump administration’s prior push for more US‑made auto content; the administration currently applies a 25% tariff on the portion of a vehicle’s value attributable to parts not made in the US for autos from Canada and Mexico. Mexico’s recent proposal would broaden the range of tariff‑exempt parts and cut the peak North American auto tariff from 25% to a lower rate, possibly 5%–10%. Under the proposal the US would levy duties only on the value of parts produced outside North America, effectively exempting parts made in Mexico and Canada.
2026-08-13

CITIC Securities said in a research note that July US CPI met expectations, core inflation remained mild and second‑round effects were weak, easing inflation risks. The firm judges US inflation is not highly sticky and expects headlines CPI YoY to co

CITIC Securities said in a research note that July US CPI met expectations, core inflation remained mild and second‑round effects were weak, easing inflation risks. The firm judges US inflation is not highly sticky and expects headlines CPI YoY to continue moderating through Q3, trough in September, rebound slightly in Q4 and then fall rapidly by March next year. CITIC still forecasts the Fed will keep policy unchanged this year and sees further room for derivatives to reprice lower on rate‑hike expectations.
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