Germany's September factory orders bounce back, but manufacturing recovery remains unsure
German industrial orders rose 4.4% in September, driven by autos and mechanical engineering, but underlying conditions remain challenging.
52 min ago6 min read
Bailey: Rate calls to get tougher if Iran conflict drags on
Bailey says rate decisions grow harder the longer the Iran conflict lasts; inflation risks still subdued; four hikes not discussed.
17/09/2026 13:422 min read
- Inflation risks from the Iran war are still in their early stages; for now, they remain fairly muted
- Our quantitative tightening strategy has been in the works since before the Iran conflict began
- Asked about the four rate increases already priced in by markets, he noted that the possibility of raising rates four times was not a topic of discussion
Little insight to glean so far — classic Bailey.
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