Economy
Fed Rate Hike Raises Stakes in Inflation Fight as Markets Price More Moves
The US central bank raised rates for the first time since 2023, and traders now expect three additional hikes by mid-next year as inflation remains entrenched above the 2% target.
Lagarde warns Europe faces stark choice between unity and decline
ECB President Christine Lagarde outlined three possible paths for Europe, urging the bloc to deepen integration rather than accept decline or fragment into national agendas.
German Cabinet Approves €10 Billion Income-Tax Reform
Berlin’s tax-cut package targets middle-income families and top earners, with a new 47% rate for incomes above €280,000 taking full effect by 28.
Bank of England holds rate at 3.75% as inflation stays above target
The Monetary Policy Committee voted 6-3 to keep the Bank Rate unchanged, citing persistent price pressures and a possible rise to 4.00% in November.
US nonfarm payrolls rise 162,000, putting Fed rate decision on upcoming inflation data
Nonfarm payrolls increased by 162,000, making the Federal Reserve’s next rate move contingent on forthcoming inflation numbers.
US Treasury Raises Long-Term Bond Buybacks to $6 Billion
The Treasury's purchase ceiling is triple the original $2 billion figure, marking the first step in an expanded buyback program unveiled by Treasury Secretary Scott Bessent.
Treasury Plans $6 Billion in Debt Repurchases to Battle Rising Yields
The Treasury announced a $6 billion debt repurchase program, after which bond yields rose, indicating investors were underwhelmed by the purchase size.
Bank of England Holds Interest Rate Steady at 3.75%
The Bank of England kept its benchmark interest rate unchanged at 3.75% on Thursday, matching economist expectations and leaving rates level for the rest of the year.
Warren Opens Inquiry Into Fed Data Outage, Staffing Cuts
The Senate Banking ranking member sent letters to Fed officials demanding details on an August outage of the National Information Center and its link to 30% supervision workforce reductions.
BlackRock Corporate High Yield Fund Drops to 52-Week Low
The high-yield corporate bond fund HYT fell to $8.22, reflecting pressure on credit investments as economic uncertainty and interest-rate shifts weigh on yields.
Switzerland Raises 2026 GDP Growth Forecast to 1.7% as Franc Weakness Helps
SECO lifts 2026 growth projection to 1.7% from 0.9%, citing stronger-than-expected Q2 data and a weaker franc boosting exports.
Eurozone Inflation Holds at 3.2% in August, May Climb Further
Eurozone inflation held at 3.2% in August despite an energy-driven spike, but economists warn secondary effects could push it past 4% by late 2027.
Swiss Pension System Score Hits Record High, Funding Fears Remain
Raiffeisen's Vorsorgebarometer reaches 725 points, up 28 from last year, driven by stronger pension fund finances — yet nearly 40% still fear the AHV cannot cover future costs.
Global Economy Is Running Out of Wiggle Room
Many countries softened the harshest impacts of the energy shock from the war in Iran, yet prices stay high and risks are increasing.
Fed Raises Rates; Chairman Warsh Leaves Open How Much More
Federal Reserve Chairman Kevin M. Warsh said on Wednesday that the extent of future rate increases to combat inflation remains undecided.
ECB and Fed rate hikes prompt global policymakers to reassess policy trajectories
ECB and Federal Reserve rate increases are leading policymakers worldwide to review their policy paths.
U.S. 10-Year Treasury Yield Retreats Below 5% After Fed Rate Hike
The 10-year yield fell past the 5% threshold to 4.96% as markets digested a 25-basis-point Federal Reserve rate increase to 3.75%-4%.
U.S. Federal Reserve raises rates, signals further tightening, boosts dollar
The Federal Reserve announced an interest rate increase and indicated possible additional tightening, contributing to a stronger U.S. dollar.
FINMA reports stable supervised institutions despite rising global risks in 2025
Swiss financial regulator says banks and insurers held steady through geopolitical turbulence, but flagged liquidity gaps in 8.2% of bond funds under stress scenarios.
AI reshaping financial markets and supervision
Artificial intelligence is transforming financial operations and supervision, with Switzerland at the forefront of this technological shift.
Bank of England likely to keep rates at 3.75% and trim bond‑selling pace
The BoE is expected to hold its policy rate at 3.75% and reduce quantitative tightening to about £50bn a year, down from £70bn, amid rising inflation and a weakening labour market.
Federal Reserve raises rates and hints at more hikes
The U.S. Federal Reserve announced an interest rate increase and indicated the possibility of additional hikes.
Bank of England Expected to Hold Rates Steady Despite Rising Inflation
The BoE is widely expected to keep rates unchanged on Thursday even as UK inflation climbs to 3.1%, diverging from the Fed and ECB which both hiked earlier this week.
Putin Faces Economic Stress Test as Russia Holds First Wartime Duma Election
Russia's State Duma vote on Sept. 18–20 tests public patience amid a shrinking economy, tax hikes, and fuel crisis, even as United Russia is expected to retain its supermajority.
U.S. Federal Reserve hiking interest rates again, sparking global tightening cycle concerns
The U.S. Federal Reserve has raised interest rates again, prompting concerns about a renewed global tightening cycle.