Lagarde’s “we’ll see” on 2027 exit keeps ECB succession talk alive
ECB President Christine Lagarde said “we'll see” when asked whether she would leave in October 2027, keeping early-exit speculation alive.
The Bank of Canada's Governing Council sees near-term inflation staying elevated, while markets anticipate over 100 basis points of rate hikes.
The Bank of Canada decided to keep rates unchanged in September, yet the market anticipates over 100 basis points of rate increases over the next year.
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ECB President Christine Lagarde said “we'll see” when asked whether she would leave in October 2027, keeping early-exit speculation alive.
BOJ Governor Ueda highlighted spring wage talks for FY2027 as key for inflation trends, and said policy will not be swayed by board changes.
BOJ Governor Ueda stated the bank will continue to raise rates in response to economic and price developments, noting inflation overshooting risks.
UK retail sales rose 0.5% in August, exceeding expectations, as department stores and non-store retailers recovered.