September 27, 2026
ECB’s Panetta Says AI’s Economic Impact Depends on Who Gains
ECB policymaker Fabio Panetta said the distribution of gains from artificial intelligence could influence overall demand and inflation.
ECOSTATICS / THE DAILY PULSE
Clear, sourced updates on the economic developments shaping the day—without the jargon.
September 27, 2026
ECB policymaker Fabio Panetta said the distribution of gains from artificial intelligence could influence overall demand and inflation.
September 27, 2026
St. Louis Fed President Alberto Musalem argued that persistent demand and broader cost pressures could keep U.S. inflation above target without further monetary restraint.
September 27, 2026
The yuan strengthened to its strongest level in more than three and a half years after the People’s Bank of China set a firmer daily midpoint.
September 27, 2026
Governor Tiff Macklem said Canadian growth could fall below 1% in the fourth quarter if new U.S. tariffs remain in place, as businesses reconsider investment and hiring.
September 27, 2026
Reserve Bank Governor Michele Bullock said high energy prices and strong domestic demand may be keeping inflation risks elevated ahead of the September 29 policy meeting.
September 26, 2026
China's August data showed a sharp imbalance: industrial activity continued to expand, while total retail sales of consumer goods grew just 0.4% from a year earlier.
September 26, 2026
The yen rose after Japanese officials described its weakness as a problem, language traders often read as a warning that intervention is possible.
September 25, 2026
The rupee traded around 96 to the dollar during the week. India had drawn substantial foreign-currency deposits through a special scheme for non-resident Indians: reported inflows under that deposit channel reached about $133 billion.
September 25, 2026
Long-dated UK government bond yields remained elevated as investors weighed inflation and the possibility of another Bank of England rate increase.
September 25, 2026
Two days after the stronger business survey, Germany's consumer climate indicator for October fell to -30.6, from a revised -26.8.
September 25, 2026
Iran said it had given Washington a plan to reopen the Strait of Hormuz within seven days if the US accepted its conditions.
September 25, 2026
Reports that US and Iranian negotiators were exploring a phased reopening of the Strait of Hormuz helped pull oil back from its highs.
September 25, 2026
Soybean purchases, Boeing aircraft and rare-earth supplies were the most visible tests of the US-China truce ahead of the summit.
September 25, 2026
Xi Jinping arrived in Washington on September 23 for talks with Donald Trump, and US officials said the two countries had agreed to extend their trade truce.
September 25, 2026
The S&P 500 finished Friday around 7,742, up about 0.5%, while the Dow gained roughly 0.9% to about 51,829.
September 25, 2026
The US 10-year Treasury yield briefly reached roughly 5.23% on Friday, near its highest level since 2007, before easing.
September 24, 2026
Brent crude climbed sharply during the week as traders weighed the risk of a wider Middle East conflict and further disruption to shipping and energy infrastructure.
September 24, 2026
US new-home sales were estimated at an annual pace of 684,000 in August, 6.4% above the revised July rate.
September 24, 2026
New applications for US unemployment benefits fell by 1,000 to a seasonally adjusted 197,000 in the week ending September 19.
September 24, 2026
Bitcoin traded in the mid-$80,000s early in the week and was around $84,000 by September 24. A move of a few percent is hardly a dramatic bitcoin week.
September 24, 2026
The yield on the 30-year US Treasury reached 5.47% in the Treasury's September 24 daily data, up from 5.40% a day earlier.
September 23, 2026
Germany's flash composite PMI rose to 53.8 from 51.8 in August, helped by a return to growth in services.
September 23, 2026
The flash eurozone composite purchasing managers' index rose to 53.1 in September from 52.0 in August, its strongest reading since April 2023.
September 22, 2026
Chinese Premier Li Qiang visited a Shanghai pilot base where developers were testing artificial intelligence in industrial and specialized robots.
September 22, 2026
China's gold imports passed 1,000 tonnes in the first eight months of 2026, according to reporting based on customs figures.