Economy
Market Schedule: ECB Meeting, US Housing Data Lead Sept 17
UK rate decision, eurozone consumer prices, and US building permits anchor a busy data day alongside corporate capital-market events from DHL, Bechtle and Wacker Chemie.
Swiss Economic Calendar: SNB Policy Readings, Corporate Earnings Key This Week
Switzerland's economic and corporate calendar features SNB assessments, major results, and strategy launches across banking, real estate and industrials.
Goldman Sachs forecasts Fed to raise rates in October
Goldman Sachs now expects the Federal Reserve to lift its benchmark rate by 25 basis points in October, reversing an earlier September outlook.
Federal Reserve Raises Interest Rates, Signals More Tightening Ahead
The US central bank moved rates higher and indicated additional tightening could follow as US prices accelerate.
Federal Reserve releases Beige Book with quarterly US economic snapshots
The Federal Reserve publishes its Beige Book eight times annually, summarizing anecdotal economic conditions across all 12 districts via director reports and expert interviews.
Poverty Rate Was Stable Before Trump’s Safety Net Cuts Gained Force
The poverty rate remained stable prior to the expansion of Trump-era safety net reductions, while median household income reached a record $87,460 in 2025.
Morgan Stanley sees ECB 25 bps hike to 2.75% in Dec 2026
Morgan Stanley now expects the European Central Bank to raise its deposit rate by 25 basis points to 2.75% in December 2026, sees no hike in October and forecasts a single cut in December 2027 as inflation stays above target.
Bessent Defends Bond Market Intervention Ahead of Congressional Testimony
The Treasury secretary addressed bond market intervention efforts and proposed $5,000 dividends for Americans if Republicans take control in November.
Bessent Defends Faltering Bond Market Intervention
Bessent publicly defended a bond market intervention that appears to be losing momentum.
US Stock Futures Eye Fed Decision as Yields and Oil Prices Rise
US equity futures and markets are focused on the upcoming Federal Reserve policy decision amid rising Treasury yields and climbing oil prices.
UK to auction £4.75bn in 4⅝% gilt 2032 next week
UK Debt Management Office to sell £4.75 billion in 4⅝% gilt 2032 on September 22, with settlement on September 23. Nominal amount outstanding to reach £10.0625bn post-auction.
BoE MPC Faces Energy Inflation Risk as September Rate Decision Looms
Market expectations lean toward a hold at 3.75%, but three members signal potential for a 25 bps hike amid Middle East tensions and rising energy costs.
ECB Seeks Merchant Participation in Digital Euro Pilot
A 12-month beta test of a non-legal-tender digital euro currency begins in 2027, with potential issuance planned for 2029.
Fed Watchdog Urges Stricter Controls on Confidential Info Sharing With Regional Bank Directors
The Federal Reserve's inspector general found instances where regional bank board members may have received nonpublic FOMC information during meetings with presidents, prompting calls for tighter safeguards.
Fed watchdog urges tighter controls on information sharing with regional bank boards
The Federal Reserve's inspector general warned that board members at regional reserve banks may have access to confidential FOMC information through informal briefings, calling for stronger safeguards.
Here’s the latest
Further details on the latest inflation-related developments were not immediately available.
Fed Rate-Hike Odds Jump Past 50% After Warsh Jackson Hole Speech
Market pricing shifted sharply after Federal Reserve Chairman Kevin Warsh's keynote, with CME FedWatch showing a nearly 56% chance of a quarter-point increase at the September 16 meeting.
OECD Raises Switzerland Growth Forecast Sharply for 2026
The OECD now expects Swiss GDP to expand 2.0% in 2026, up from a 1.1% June projection, citing strong domestic demand and a resilient chemical and pharma sector.
U.S. Core CPI Rises to 337.77 in August 2026
The Federal Reserve's preferred inflation gauge edged up for a second consecutive month, reflecting continued price pressures after excluding volatile food and energy components.
Fed September Rate Decision Approaches Amid Split Market Pricing
Markets show divided expectations as the US Federal Reserve prepares to announce its September 2026 rate decision alongside pending inflation data.
U.S. Private Sector Adds 16,250 Jobs Weekly Through Late August
ADP Research said the four-week average for private hiring rose to 16,250 jobs through Aug. 29, marking a second consecutive weekly gain.
Markets Price Near-Certain Rate Hike Ahead of Wednesday's FOMC Meeting
Futures traders see a 93% chance of a 25-basis-point increase as August core CPI eases only slightly and oil surges, testing the Fed's credibility.
US 10-year yield forecast to hit 24-year high of 5.2% by year-end
Standard Bank's Steven Barrow sees the 10-year US Treasury yield reaching 5.2% by year-end and 5.3% in Q1 2027, after it rose to 5.01% on Monday.
French industrial output drops unexpectedly in July
Seasonally adjusted production fell 0.4% MoM, contrasting analyst expectations of growth and signaling potential weakness in the second quarter.
Euro bonds pressured as oil tops $100 before ECB decision
European bond yields stayed elevated as Brent crude crossed $100 and U.S. Treasury yields rose, with markets weighing inflation risks ahead of the ECB's rate decision.