Economy & Central Bank News
Original FXMARE economy news briefs — central-bank decisions, inflation, jobs data and macro releases, newest first. 613 articles.
- New York Fed survey shows one-year inflation expectations rising to 3.9%
U.S. consumers’ one-year inflation expectations rose to 3.9%, the highest since May 2023, according to the New York Fed survey.
- U.S. 10-year yield retreats after strong $39 billion Treasury auction
The U.S. 10-year Treasury yield pulled back from a 24-year high after a $39 billion note auction drew stronger-than-expected demand.
- US payrolls rise just 29,000 as unemployment edges up to 4.2%
September hiring fell far short of forecasts while wage growth cooled, reshaping expectations for the Federal Reserve’s next rate decision.
- Fed’s Cook flags AI buildout as a leading inflation risk for 2027
Federal Reserve Governor Lisa Cook said the rapid physical expansion of artificial intelligence could prolong inflation through supply bottlenecks before productivity gains emerge.
- US 30-year mortgage rate jumps to 7.28%, highest since November 2023
The average US 30-year fixed mortgage rate rose 25 basis points to 7.28%, its biggest weekly increase in four years.
- US factory prices surge to 77.9 as ISM manufacturing holds at 54.5
US manufacturing stayed in expansion in September, but the ISM prices-paid index jumped to 77.9 as new orders and factory employment strengthened.
- US jobless claims fall to 197,000 as layoffs remain near historic lows
US initial jobless claims unexpectedly slipped to 197,000, while continuing claims fell to 1.701 million ahead of next week’s payroll report.
- Kashkari says 3.0% core PCE leaves the Fed’s inflation outlook unchanged
Minneapolis Fed President Neel Kashkari said inflation remains too high and the latest PCE data did not materially alter his policy assessment.
- US private payrolls rise 90,000 as September hiring rebounds
US private employers added 90,000 jobs in September, beating forecasts and improving sharply from August’s downwardly revised 36,000 gain.
- US second-quarter GDP revised up to 2.2% as consumer spending strengthens
The US economy expanded at a 2.2% annualized rate in the second quarter, above the earlier 1.5% estimate, as household spending and business investment proved stronger.
- US core PCE holds at 3.0% as consumer spending jumps 0.9% in August
Core PCE inflation held at 3.0% in August while monthly headline inflation undershot forecasts and consumer spending accelerated sharply.
- German unemployment rises by 12,000 as autumn labor-market recovery disappoints
Germany’s adjusted unemployment total increased by 12,000 in September, far above the 1,000 forecast, while the jobless rate held at 6.4%.
- U.S. consumer confidence sinks to 81.9, lowest since 2014
U.S. consumer confidence fell 6.7 points to 81.9 in September as concerns about prices, business conditions and employment intensified.
- U.S. home-price growth accelerates as 20-city index beats forecasts
U.S. home prices strengthened in July, with the Case-Shiller 20-city index up 2.5% annually and the FHFA measure gaining 0.3% monthly.
- Canada GDP stalls in July as August estimate points to 0.2% rebound
Canada’s economy was unchanged in July, but an early estimate showed 0.2% growth in August as mining and retail activity improved.
- Euro-area sentiment falls to 97.9 as consumers and hiring expectations weaken
Economic confidence missed forecasts in September, interrupting a four-month recovery while business-sector readings remained comparatively resilient.
- Swiss KOF barometer rises to 109.1 as manufacturing and construction strengthen
Switzerland’s leading economic indicator beat expectations in September, with domestic production signals improving even as foreign demand softened.
- Spain inflation jumps to 4.9% in September as fuel costs accelerate
Spain’s preliminary CPI exceeded forecasts and reached its highest rate since February 2023, adding pressure to the euro-area inflation outlook.
- RBA lifts cash rate to 4.60% as inflation risks materialise
Australia’s central bank raised rates by 25 basis points to a 15-year high and said further tightening remains possible as energy and domestic price pressures persist.
- Fed’s Cook flags AI and oil inflation as labor market stays resilient
Lisa Cook said AI-related demand and higher oil prices could keep U.S. inflation elevated, while leaving future Federal Reserve rate moves dependent on incoming data.
- Australian spending stalls at A$82.3 billion before RBA rate decision
Household spending was flat in August and fell 0.3% excluding fuel, complicating the demand picture ahead of an expected RBA rate increase.
- China industrial profit growth slows to 4.2% in August as demand stays uneven
China’s industrial profits rose 4.2% from a year earlier in August, the weakest monthly gain of 2026, keeping attention on domestic demand and policy support.
- U.S. 10-year Treasury yield reaches 19-year high as bond-market pressure persists
The benchmark U.S. 10-year yield has climbed to its highest level in nearly two decades, keeping the dollar and gold sensitive to bond-market moves.
- U.S. consumer sentiment falls to 48.1 as inflation expectations climb in September
The University of Michigan’s final September survey showed weaker household confidence and higher short- and long-run inflation expectations, keeping Fed inflation concerns in focus.
- U.S. core capital-goods orders surge 1.6% in August as business investment stays firm
A strong rise in core capital-goods orders pointed to continued U.S. equipment investment, even as headline durable-goods orders were unchanged in August.
- Tesla readies Semi rollout as Sparks factory opens to scale heavy-duty truck production
Tesla prepares to officially begin production and rollout of its Semi electric trucks from a new Nevada facility, marking a step in expanding its heavy-duty vehicle footprint.
- Qualcomm and Apple extend patent licensing agreement for chips
A renewal of the patent-licensing arrangement between Qualcomm and Apple extends their ongoing collaboration over chipset technology, sustaining Qualcomm’s licensing revenue channel tied to Apple devices.
- Markets slide as Treasury yields push above 5%, tech-led Nasdaq retreats
Equity indices span red as Treasury yields climb beyond 5%, with the Nasdaq leading losses and the Dow retreating after inflation concerns reappear.
- Meta unveils $1,299 VR glasses and Muse device as AI strategy expands
Meta rolls out new hardware, including a high-priced VR headset and a Muse-branded handheld device, signaling a broader push into AI-enabled experiences.
- Meta's Muse AI agent sparks debate on AI winners and losers
As Meta unveils Muse, investors reassess how a personal AI agent could shift which firms benefit from AI advancement and which may lag