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Early Sept. 9, DR007 rebounded to 1.3900%, closing in on the 1.4% policy rate. The PBOC conducted no reverse repos today, recording zero injections and zero withdrawals. DR007 is a short-term money-market rate that reflects funding conditions; the sp

2026-09-09

Early Sept. 9, DR007 rebounded to 1.3900%, closing in on the 1.4% policy rate. The PBOC conducted no reverse repos today, recording zero injections and zero withdrawals. DR007 is a short-term money-market rate that reflects funding conditions; the spread versus the PBOC 7-day reverse repo (policy rate) signals market tightness—a sizable DR007 premium over the policy rate may indicate cash scarcity and prompt PBOC liquidity action, while a lower DR007 implies ample funding.

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2026-09-09

The U.S. Postal Inspector General plans to conduct an independent review of whistleblower allegations that the program restricts mail-in ballots.

The U.S. Postal Inspector General plans to conduct an independent review of whistleblower allegations that the program restricts mail-in ballots.
2026-09-09

South Korea has chosen a $22 billion gas-fired power project in Encinal, Texas as the first US investment under last year’s trade-agreement framework, YONHAP and other Korean media report. Total capacity will be about 6.3 GW, beginning with a 1.4 GW

South Korea has chosen a $22 billion gas-fired power project in Encinal, Texas as the first US investment under last year’s trade-agreement framework, YONHAP and other Korean media report. Total capacity will be about 6.3 GW, beginning with a 1.4 GW gas-turbine unit and followed by 4.9 GW of combined-cycle capacity. The project is intended to help meet surging electricity demand from AI data centers and could ease months-long strains in the US–South Korea alliance over the pace of Seoul’s investment commitments.
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