China’s GDP expanded 4.5% year-on-year in the third quarter of 2026, above the 4.4% consensus, as export growth offset a deepening 20.6% slump in property investment.
Category: Economy
Posted inEconomy
Lagarde Warns Eurozone Financing Is Tighter Than ECB Assumed as Euro Hits Fresh Lows
ECB President Christine Lagarde told the IMF that long-term borrowing costs have tightened beyond the bank’s September projections, while the euro fell to fresh 18-month lows against the dollar.
Posted inEconomy
Bailey Sees Subdued Inflation Pass-Through but November Hike Now Expected
Governor Andrew Bailey said on 16 October that evidence of second-round inflation effects is ‘quite subdued’, but 54 of 63 economists now forecast a 25bp Bank of England rate hike in November.
Posted inEconomy
IMF Tells Asia’s Central Banks to Stand Ready for Rates as Oil Shock Lifts Prices
IMF Director Krishna Srinivasan warned Asian central banks at Bangkok on October 15 to act if oil-driven inflation persists, raising the Asia growth forecast to 4.8% for 2026.
Posted inEconomy
US Consumer Prices Rise to 3.7% in September as Fuel Costs Dominate
US consumer prices rose 3.7% in September as a gasoline surge accounted for more than half the monthly gain, lifting fourth-hike bets at the Fed.
Posted inEconomy
Fed’s Williams Keeps Door Open on a Fourth 2026 Rate Hike Before Year-End
New York Fed president John Williams signalled that one more rate increase in 2026 remains appropriate, citing persistent Middle East energy pressures and AI infrastructure costs, as September CPI data arrives today.
Posted inEconomy
IMF Lifts 2026 Growth to 3.1% but Warns of Fraying Resilience
The IMF’s October World Economic Outlook raised 2026 global growth to 3.1 percent, driven by AI investment and durable major-economy performance, but flagged 4.7 percent inflation and a contracting Middle East.
Posted inEconomy
Developing Nations Face $400 Billion Debt Wall as Bangkok IMF Meetings Open
Low-income countries owe $400 billion in 2026 debt payments with interest exceeding 10% of revenues, the IMF warned as its Bangkok annual meetings opened.
Posted inEconomy
IMF Opens Bangkok Annual Meetings With Global Growth at 3.0% and Debt Near a Postwar High
The IMF and World Bank open their 2026 Annual Meetings in Bangkok on Monday with global growth projected at 3.0% and public debt near 100% of GDP as the Middle East conflict bites.
Posted inEconomy
Trump Announces Russian Diesel Deal as US Pump Prices Hit Record $6.27
Trump announced a deal to buy Russian diesel on 9 October as US pump prices reached $6.27 per gallon, issuing a Treasury general licence to authorise the trade.