September 11, 2026
United States:
US Core CPI Tops Forecasts, Bolstering Case for Rate Hike
A key gauge of US consumer prices rose by more than expected last month, bolstering the case for Federal Reserve officials to raise interest rates next week.
The consumer price index, excluding food and energy, climbed 0.3% in August from a month earlier, according to Bureau of Labor Statistics data out Friday.
Europe:
AI Helps UK Economy Unexpectedly Grow in Boost for Burnham
Britain smashed expectations with another month of strong growth in July, amid signs that artificial intelligence companies were starting to lift the economy.
Gross domestic product rose 0.4% following a 0.3% increase in output in June, the Office for National Statistics said on Friday.
Asia:
Japan’s Bond Yields Rise as Oil Concerns Fuel Global Selloff
Japan’s government bonds slumped on Friday, tracking a selloff in the US bond market after escalating Middle East tensions drove up oil prices.
The nation’s 10-year bond yield climbed 7.5 basis points to 2.985%, and the 20-year rate rose seven basis points to 3.82%.
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