Confidence among Japan’s largest firms remains elevated with sentiment among manufacturers rising to the highest level in more than eight years, a result that suggests the Bank of Japan can continue raising interest rates without buckling corporate optimism.
Saudi Arabia increased its projected budget deficit for the year, and said its economy will probably contract, as it steps up spending to mitigate the fallout from the ongoing regional war.
Colombia unexpectedly raised interest rates to the highest level since 2024 as the central bank seeks to restore credibility after years of missing its inflation target.
The Federal Reserve’s internal watchdog found no evidence of criminal wrongdoing in the central bank’s renovation of its Washington headquarters, a $2.4 billion project that became a flashpoint between the Fed and the Trump administration as the president pushed for lower interest rates last year.
Stablecoins could complicate the transmission of monetary policy, one of the Swiss National Bank’s three interest rate-setters said, calling for a regulation that safeguards the influence of policymakers.
The next few months will help the European Central Bank gauge the extent of the energy shock and determine how high to take interest rates, according to Executive Board member Isabel Schnabel.
India’s Prime Minister Narendra Modi and US President Donald Trump discussed cooperation on defense, trade, energy, and critical technologies in their first phone call since June, according to a statement by the Indian government.
Mozambique’s new central bank governor, Felisberto Navalha, announced measures aimed at boosting foreign exchange supply in the southeast African nation that’s been struggling with shortages for months.
Inflation in Europe’s top economies jumped to the highest level in years following the latest upswing in energy markets, focusing attention on what the European Central Bank will do next to tame prices.
Mexico’s government is increasingly confident about a possible trade deal with the US that includes reduced tariffs on key exports like steel, aluminum and light vehicles, according to multiple Mexican officials familiar with the situation.
The Bank of England warned that elevated hedge fund leverage in gilts, alongside exposure to artificial intelligence assets and corporate debt, raise the risk of stress spilling across markets.
Chile had its worst month of copper output in more than 15 years in August, deepening a slump in the biggest supplier of the metal that helps explain a tightening global market and record prices.
The US merchandise-trade deficit unexpectedly widened in August, reflecting a jump in the value of imports of industrial supplies such as petroleum products.
Chinese President Xi Jinping said China’s economy has proven resilient and dynamic, urging efforts to meet full-year targets and ensure a good start to the 15th five-year plan.
