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Wall Street forecasters estimate the core PCE index (due Thursday) rose 0.39% in February, which would round to 0.4% for the third straight month. Because the Feb 2025 comparison is favorable (it was even higher a year ago), the 12-month rate is expe

2026-04-08

Wall Street forecasters estimate the core PCE index (due Thursday) rose 0.39% in February, which would round to 0.4% for the third straight month. Because the Feb 2025 comparison is favorable (it was even higher a year ago), the 12-month rate is expected to hold at 3.0% (also, PPI revisions should pull January's figure down to 3.0% from 3.1%). The upshot: before the Iran war shock, core PCE was stuck at 3%, with the three-month annualized rate even higher than that.

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2026-04-07

WeRide said Europe and the Middle East remain core markets, with strong demand also seen in Japan, according to its CEO. The company is accelerating robotaxi operations in Singapore and expects to reach unit economics breakeven in Abu Dhabi. While ge

WeRide said Europe and the Middle East remain core markets, with strong demand also seen in Japan, according to its CEO. The company is accelerating robotaxi operations in Singapore and expects to reach unit economics breakeven in Abu Dhabi. While geopolitical conflict has slowed Middle East expansion, WeRide said it will continue advancing overseas growth plans despite near-term disruptions.
2026-04-07

ECB Governing Council member Winsch: A prolonged crisis requires a series of interest rate hikes, and he is open to raising key interest rates at the April meeting.

ECB Governing Council member Winsch: A prolonged crisis requires a series of interest rate hikes, and he is open to raising key interest rates at the April meeting.
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