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U.S. Treasury Secretary Bessenter: We will reinstate tariffs.
2026-09-03
U.S. Treasury Secretary Bessenter: We will reinstate tariffs.
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2026-09-02
ECB policymaker MAKHLOUF warned the central bank should be prepared to raise rates further if inflation "moves in the wrong direction." He flagged euro-area inflation stuck above 3% and growth running slightly stronger than pre-summer forecasts, call
ECB policymaker MAKHLOUF warned the central bank should be prepared to raise rates further if inflation "moves in the wrong direction." He flagged euro-area inflation stuck above 3% and growth running slightly stronger than pre-summer forecasts, calling that concerning. MAKHLOUF said next week’s decision "should not surprise anyone” and expects a small upward revision to this year’s growth forecast. He judged the deposit rate at 2.5% is not yet restrictive and said policy would likely become restrictive only once rates exceed about 2.75%. He added it is unclear whether hikes beyond next week will be needed, endorsed a meeting-by-meeting approach without forward guidance, and said inflation expectations are well anchored with no sign of wage-driven second-round effects.
2026-09-02
Bank of Canada Governor Macklem: New U.S. tariffs will put pressure on economic growth in the fourth quarter.
Bank of Canada Governor Macklem: New U.S. tariffs will put pressure on economic growth in the fourth quarter.
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