Trump signed a $70 billion bill to provide funding for U.S. Immigration and Customs Enforcement (ICE) and Border Patrol.

短期利率期貨顯示，市場降低了對美聯儲加息的押注。

BofA Securities warned the Bank of Japan’s rate-normalization could proceed more gradually than the inflation outlook warrants. BofA expects a 25bp hike this October, followed by further increases in March and July 2027 that lift the terminal rate to 1.75% by end-2027. It said such gradualism risks leaving the BoJ behind the inflation curve; if upside price pressures are stronger than expected, the BoJ may need to quicken the pace of hikes or push the terminal rate higher to return inflation to target.