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The Swiss National Bank projects Switzerland's GDP growth to be 1.5%-2% in 2026 (previously 1.0%).
2026-09-24
The Swiss National Bank projects Switzerland's GDP growth to be 1.5%-2% in 2026 (previously 1.0%).
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2026-09-24
On Sept. 24 Bond Connect Southbound marked its fifth anniversary. Custodial holdings of Southbound infrastructure bonds rose to about 1 trillion yuan by end-August 2026, versus below 10 billion yuan at end-September 2021, roughly a 100-fold increase
On Sept. 24 Bond Connect Southbound marked its fifth anniversary. Custodial holdings of Southbound infrastructure bonds rose to about 1 trillion yuan by end-August 2026, versus below 10 billion yuan at end-September 2021, roughly a 100-fold increase over five years. After an expansion of participating institutions in July 2025, domestic institutional participation surged; custodial holdings nearly doubled between end-July 2025 and end-August 2026.
2026-09-24
Former Dallas Fed president Robert Kaplan said the bond market has been too Aggressive in pricing Fed rate hikes. He called a September hike the right decision, said a December hike could be reasonable, but suggested pausing in October may be appropr
Former Dallas Fed president Robert Kaplan said the bond market has been too Aggressive in pricing Fed rate hikes. He called a September hike the right decision, said a December hike could be reasonable, but suggested pausing in October may be appropriate. Kaplan described inflation as concerning on both monthly and annual measures and said monthly inflation annualized is close to 3%. He noted the Fed dot plot implies one more hike this year, while markets had priced at least three additional hikes through next June as of Thursday morning. Kaplan added that AI infrastructure and defense spending are strong, whereas autos, housing-related firms and businesses serving low- and middle-income consumers are weak or sluggish, and sectors most sensitive to the federal funds rate are not overheating.
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