September 18, 2026
United States:
US Factory Production Unexpectedly Shrinks in Broad Decline
US factory output unexpectedly declined for the first time this year as production of business equipment cooled and manufacturers grappled with higher input costs.
Production at manufacturers fell 0.3% in August, according to Federal Reserve data out Friday.
Europe:
ECB Says Consumers’ Inflation Expectations Increased in August
Inflation expectations among euro-area households increased in August, a signal that the European Central Bank may have to raise interest rates further.
Consumer prices were seen advancing 3% over the next year, up from 2.9% in July, a monthly poll by the ECB showed Friday.
Asia:
BOJ Rate Hike Fails to Buoy Yen Even as Ueda Signals More Moves
The Bank of Japan raised its benchmark interest rate and signaled it’s open to further tightening, but ultimately disappointed yen traders who wanted clearer guidance on the central bank’s next move.
The BOJ lifted its policy rate by a quarter point to 1.25% on Friday, a move predicted by all economists surveyed by Bloomberg.
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