Central Banks
ECB wage tracker shows 2.7% growth in Q1 2027, signaling stable wage pressures
The European Central Bank's wage tracker indicated negotiated wage growth of 2.7% year‑on‑year in the first quarter of 2027, suggesting that wage pressures remain stable.
Swiss National Bank adjusts remuneration of sight deposits
The SNB announced a change to the remuneration rate applied to sight deposits held by banks, a tool used to influence short‑term funding conditions.
Fed Officials Split Over Rate Decision as Inflation Concerns Rise
Internal divisions over a potential rate hike intensified at Kevin Warsh’s second meeting as Federal Reserve chair, reflecting growing dissent amid persistent inflation worries.
German factories revive, but ECB’s policy dilemma persists
A second month of stronger industrial output in Germany eases manufacturing worries, yet the European Central Bank still faces a tightrope between inflation control and growth support.
German Industrial Output Beats Forecasts, Lifting DAX Futures
Germany's industrial production rose for a second straight month, easing fears of a deeper manufacturing slump in Europe's largest economy.
