September 25, 2025
United States:
US Economy Grows at Fastest Pace in Nearly Two Years on Consumer Spending
The US economy grew in the second quarter at the fastest pace in nearly two years as the government revised up its previous estimate of consumer spending.
Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the US, increased at a revised 3.8% annualized pace, a Bureau of Economic Analysis report showed Thursday.
Europe:
Germany’s Growth Won’t Last Without Reforms, Advisers Warn
Germany’s economy is set for a rebound thanks to rapid fiscal expansion, but the boost will prove temporary unless the government addresses underlying issues, according to the country’s leading research institutes.
Gross domestic product will rise 0.2% this year following two years of contraction, they said in a joint forecast issued twice a year. Growth is then seen picking up to 1.3% in 2026 and 1.4% in 2027.
Asia:
Japan’s 40-Year Bonds Rally After Firm Demand at Debt Auction
Japan’s 40-year government bonds rallied after investors piled into an auction of that maturity on Thursday, easing concerns about super-long debt even as domestic political uncertainties swirled ahead of Japan’s ruling party leadership race.
The bid-to-cover ratio, a measure of demand, came in at 2.60 compared with 2.127 at the previous auction and a 12-month average of 2.47. The 40-year bond yield fell 7 basis points to 3.31% after the results were announced.
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