October 13, 2025
United States:
Economists Mark Up US Growth Forecasts, See Tepid Job Gains, Survey Shows
Economists marked up their estimates for US economic growth this year and next, though job growth is expected to remain weak, according to a survey from the National Association for Business Economics.
Inflation-adjusted gross domestic product is seen rising 1.8% this year, up from the 1.3% forecasters expected in June. That reflected a sharp upward adjustment in forecasts for business investment, according to the report released Monday.
Europe:
BOE’s Greene Suggests Holding Rates Into 2026 on Price Concerns
Bank of England policymaker Megan Greene signalled that she is considering holding interest rates until at least March next year on concerns that policy is not restrictive enough to squeeze out lingering price pressures.
Speaking at a Society of Professional Economists conference in London Monday, Greene argued there was a case for “skipping some rounds in terms of rate cuts.”
Asia:
Chinese Exports Surge, Giving Xi Stronger Hand in Trade Fight
Chinese shipments overseas grew at the fastest in six months, far exceeding forecasts in a sign of resilience that’s giving Beijing a stronger hand in the latest trade war with the US.
Exports rose 8.3% in September from a year earlier to $328.6 billion, the biggest monthly total so far in 2025, according to data from the General Administration of Customs on Monday.
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