IMF chief GEORGIEVA urged governments to tackle rising fiscal risks and publish credible plans to keep debt and deficits on a sustainable path, and called on central banks to remain highly focused on price stability. She said the global economy is under pressure from high inf and trade tensions, with AI investment partially offsetting shocks; rising bond yields and stalled disinflation signal continued high uncertainty. GEORGIEVA warned the Iran war has not ended and the world faces a tug-of-war

A former Bank of Japan official said the BOJ is likely to raise rates next month (September) and that markets have essentially fully priced a hike; failure to tighten could trigger another sharp yen selloff. He cited U.S. Treasury official BESSENT’s view that policy action should follow any FX intervention and BESSENT’s hope that governor UEDA will lift rates, adding that BESSENT has repeatedly signalled the BOJ may be next to act and that the government cannot tell the BOJ not to. He said Japan’s inflation momentum is strong and, after an expected September increase, the BOJ is likely to continue tightening—potentially acting again in January and extending the cycle beyond previously assumed terminal rates of 1.25–1.5%.

Tesla raised US prices for the Cybertruck: the dual-motor all-wheel-drive model to $74,990 and the higher-end all-wheel-drive model to $84,990.