US Savings Rate Drops to Lowest Since 2022; Bitcoin Hedge Questioned
US personal savings rate fell to 4.1% in August 2026, its lowest since November 2022, raising questions about Bitcoin as a hedge.
US personal savings rate fell to 4.1% in August 2026, its lowest since November 2022, raising questions about Bitcoin as a hedge.
Eurozone consumer inflation rose to 3.8% year-on-year in September, exceeding forecasts. Energy prices drove the increase, while core CPI was steady at 2.5%.
Eurozone inflation rose 3.8% year-on-year in September, above the 3.6% forecast, driven by prior 3.2% reading.
A breakdown of how CPI, PCE and PPI inflation reports each influence markets and the Fed's policy outlook.
US payrolls forecast at 90K, but wage data seen as more critical amid bond market inflation concerns.
Citi Research questions if the Fed needs the aggressive rate hikes markets are pricing in, despite forecasting 3.5% inflation.
Japan's finance minister Katayama pledges to review 7 trillion yen idle funds, while economy minister Kiuchi says Japan no longer needs excessively loose…
Tokyo core CPI rose to 2.7% in September, beating forecasts and strengthening the case for a BOJ rate hike.
Japan's Tokyo CPI for September beat expectations across all categories; the unemployment rate rose to 2.5% versus a predicted 2.4%.
Dallas Fed President Lorie Logan said the central bank must raise rates by at least half a percentage point to achieve policy restriction and control inflation.
New Zealand consumer confidence dipped to 97.6 in September as a mid-month oil spike dampened sentiment, while two-year inflation expectations fell to 4.5%.
Tokyo core CPI for September expected to rise 2.4% y/y, reinforcing case for further BOJ rate hikes. Release at 2330 GMT.
Fed Vice Chair Philip Jefferson said the central bank may take more time to decide on rates, emphasizing data-dependence. He noted inflation above target and…
Kansas City Fed President Jeff Schmid said rising long-term rates are straining housing and commercial lending, while other officials discussed AI's impact.
Trump suggests inflation could reduce the national debt, while Cayman Islands hedge funds emerge as major Treasury buyers.