France's September inflation picks up sharply, putting fresh pressure on ECB rate path
French annual inflation accelerated in September, with energy and core prices rising, leaving the ECB to weigh another rate hike.
French annual inflation accelerated in September, with energy and core prices rising, leaving the ECB to weigh another rate hike.
10-year Treasury yields dropped to 5.10% after a brief spike above 5.30%, but borrowing costs remain painfully high for businesses and households.
ECB's Alvaro Santos Pereira said euro zone inflation from energy has not spread to other prices; any broader rise would force action.
Jim Cramer says bank shares remain difficult holds even as earnings beat; Morgan Stanley slipped almost 3% after a 12% revenue gain.
KOSPI slid 7.28% to 5,571.27 on Thursday after US CPI topped forecasts and AI worries hit chip stocks.
The S&P 500 enters its strongest seasonal period since 1950, but hot US inflation pressures the index on day one.
Australia's unemployment rate was 4.7% in September 2026, above the 4.6% forecast, as employment fell by 39,300.
Citi now expects a 25bp Fed rate hike in December after September CPI came in hotter than expected, with markets pricing a 94% chance of that move.
CPI rose 3.7% in September, but a diffusion measure that tracks how many components are rising fast fell, offering the Fed a less worrying signal.
US stocks fell on Wednesday as AI and chip shares plunged, with the Nasdaq Composite posting its worst day since July 23 after a hotter-than-expected CPI…
Chicago Fed President Austan Goolsbee said CPI data was discouraging and that more bad months of inflation would be unacceptable, stressing the need to focus…
The Fed's October Beige Book indicates nine of 12 districts saw growth, but price pressures widened and consumer spending stalled.
Bitcoin's price slipped below $83,000 after US inflation data exceeded expectations in September.
US CPI ran hotter than expected, sending yields up and the dollar higher while equities were mixed.
S&P 500 futures fall after hot CPI, breaking a rising channel and threatening the prior breakout line.