Interest rate decisions

Central-bank decisions and the outlook for borrowing costs.

• Bank of Canada’s Macklem expects higher inflation outlook as oil prices remain elevated

  The Globe and Mail

  Statscan inflation data for September and BoC surveys coming out Monday, key information ahead of next interest-rate announcement

• Can the Fed Fight Inflation Without Hurting Farmers?

  Bloomberg

  Chicago Fed President Austan Goolsbee traveled to rural Illinois to hear directly from farmers facing lower crop prices and rising costs for fuel, fertilizer and other inputs. Those conversations offer the Fed a ground-level view of inflation pressures that may emerge before they are fully reflected in national data. (Source: Bloomberg)

• Fed Divisions and AI Debt Risks Shape Rate Outlook

  Bloomberg

  Sree Kochugovind said recent UK data has surprised to the upside, showing resilience against a challenging global backdrop. However, labor-market figures point to expectations of near-flat conditions over the next quarter and early next year, while global risks could weigh on growth. He expects the October 28 budget to offer little substantive change, given limited room for action, and said its communication will matter. More structural policy signals may emerge early next year, though major cha

• Warsh offers no fresh signals on interest rates

  The Hill

  Federal Reserve Chair Kevin Warsh declined Friday to predict central bank officials’ future course on interest rates, less than two weeks before they meet to discuss monetary policy. “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we have in the balance of this year,” Warsh...

• Kapteyn: Hot Inflation Raises Risk of Fed Hikes Beyond December

  Bloomberg

  UBS Chief Economist Arend Kapteyn discusses the Fed’s rate outlook following hotter inflation data, the impact of AI investment and borrowing on bond yields, and why he believes AI fundamentals remain strong despite the recent market selloff. Kapteyn also weighs in on Europe’s economic challenges, competition with China and France’s fiscal outlook. He spoke on Bloomberg Brief. (Source: Bloomberg)

• When Will the Fed Move on Rates?

  The New York Times

  Kevin Warsh, the central bank’s chairman, suggested he wouldn’t push to raise borrowing rates this month. But persistent inflation may force the Fed’s hand.

• Fed’s Warsh sees U.S. resilience amid AI boom, mum on rate-path view

  The Globe and Mail

  Fed chairman optimistic about AI’s impact on economic growth and productivity in the medium-term

• Warsh signals steady Fed outlook despite inflation jump

  Axios

  Federal Reserve chairman Kevin Warsh said Friday that the economy has largely performed as expected since September's rate hike, hinting that little has changed in the central bank's outlook. Why it matters: The Fed is weighing another interest rate increase later this month as inflation heats up and the economy remains strong. What they're saying: "Over the month or so that's transpired since then, the world has broadly conformed to our expectations," Warsh said at the IMF and World Bank annual

• Allianz CIO Sees up to 75 Bps of Fed Rate Hikes After Midterms

  Bloomberg

  Ludovic Subran, chief investment officer and chief economist at Allianz, expects Federal Reserve Chairman Kevin Warsh to raise interest rates by as much as 75 basis points once the midterm elections are over. "The US is running hot, and I think he cannot ignore that," Subran tells Bloomberg Television. "I do expect the US will have to act decisively on inflation, both from energy, but also from AI," he adds. (Source: Bloomberg)

• Bank of Canada’s Tiff Macklem sees energy price challenges for interest rate outlook

  The Globe and Mail

  Says the longer elevated energy prices go on, the harder it gets to not raise rates

• Fed's Warsh sees US economic tailwinds, mum on rate-path view

  The Korea Times

  BANGKOK — Federal Reserve Chairman Kevin Warsh voiced optimism on Friday about U.S. economic strength and surprise about how well global economies have been "hanging in there" amid recent geopolitical shocks, despite tighter monetary policy to fight inflation. "I came out of meetings here yesterday and today and it's hard to be in a discussion with central bankers and not compare notes and hear the same thing about the surge in prices," Warsh said. With inflation a "common challenge," he said at

• Bets on Fed rate hold in October strengthen after Warsh comments

  Financial Times

  US central bank chair says economy has ‘broadly conformed with our expectations’ since rate increase in September

• EM Stocks, FX Gain on Bets Fed Will Hold Rates This Month

  Bloomberg

  Gauges of emerging-market currencies and stocks gained on Friday as the greenback extended losses and a selloff in shares related to artificial intelligence abated in Asia.

• Warsh Boosts Market Expectations of Fed Rate Hold in October

  Bloomberg

  Federal Reserve Chairman Kevin Warsh did nothing to dispel market expectations that the US central bank will hold interest rates steady when it meets at the end of the month.

• Fed's Warsh Says AI Will Change Monetary Policy Conduct

  Bloomberg

  Fed Chairman Kevin Warsh described AI as potentially the most consequential change to the US and global economy in his lifetime, calling it a positive supply shock over the medium term. He spoke at an IMF event moderated by IMF Chief Kristalina Georgieva in Bangkok, Thailand. (Source: Bloomberg)

• ECB's Rehn: Not Seeing Second-Round Inflation Impact

  Bloomberg

  Olli Rehn, Finnish Central Bank Governor and ECB Governing Council member, discusses his outlook for the eurozone. He speaks on the sidelines of the IMF-World Bank Annual Meetings in Bangkok. (Source: Bloomberg)

• Fed's Warsh withholds Fed rate signal, praises recent global tightening with 'no free riders' - CNBC

  CNBC

  Warsh refrained from signaling another interest rate hike this month, pointed to a "synchronous tightening" by central banks in the fight against inflation.