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German wholesale prices in October 2025: +1.1% on October 2024
The selling prices in wholesale trade were 1.1% higher in October 2025 than in October 2024. Compared with the same month a year earlier, the rate of change was +1.2% in September 2025, and +0.7% in August 2025. The Federal Statistical Office (Destatis) also reports that wholesale prices in October 2025 rose by 0.3% on September 2025.The main reason for the year-on-year increase in wholesale prices (total) in October 2025 were higher prices of food, beverages and tobacco, with prices up 3.5% from October 2024, on average. Compared with September 2025, they remained unchanged (0.0%). The wholesale prices particularly ... (full story)
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The inflation rate in Germany – measured as the change in the Consumer Price Index (CPI) compared to the same month of the previous year – was +2.3% in October 2025. It had been +2.4% in September 2025 and +2.2% in August 2025. "After two consecutive increases, the inflation rate declined slightly again in October," says Ruth Brand, President of the Federal ...
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Fed’s Williams: 'Will Not Be Long' Before Reserves At 'Ample’ Level - Repeats Fed Close To Desired Level For Bank Reserves 
Williams: Remarks at the 2025 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York City On behalf of the New York Fed, let me welcome you all to this year’s U.S. Treasury Market Conference. Many thanks to the distinguished speakers and panelists for joining us here, and to the event organizers for putting together today’s outstanding agenda. I’m looking forward to a valuable and productive conversation. This gathering is a recurring calendar item every fall. But the topics that we discuss each year do not stand alone. Think of it as leveling up in a video game—which is one of my favorite pastimes by the way, or dare I say, “present times”. At each conference, we advance our understanding of the Treasury market to the next level. And in the genre of gaming, this game is multiplayer. It’s remarkable to think about what we’ve accomplished in this decade-long enterprise of interagency collaboration. This work continues to be imperative, so we must keep playing. I mean that in the working sense, of course. Before I keep going, I must give the standard Fed disclaimer that the views I express today are mine alone and do not necessarily reflect those of the Federal Open Market Committee (FOMC) or others in the Federal Reserve System.
Williams: Remarks at the 2025 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York City On behalf of the New York Fed, let me welcome you all to this year’s U.S. Treasury Market Conference. Many thanks to the distinguished speakers and panelists for joining us here, and to the event organizers for putting together today’s outstanding agenda. I’m looking forward to a valuable and productive conversation. This gathering is a recurring calendar item every fall. But the topics that we discuss each year do not stand alone. Think of it as leveling up in a video game—which is one of my favorite pastimes by the way, or dare I say, “present times”. At each conference, we advance our understanding of the Treasury market to the next level. And in the genre of gaming, this game is multiplayer. It’s remarkable to think about what we’ve accomplished in this decade-long enterprise of interagency collaboration. This work continues to be imperative, so we must keep playing. I mean that in the working sense, of course. Before I keep going, I must give the standard Fed disclaimer that the views I express today are mine alone and do not necessarily reflect those of the Federal Open Market Committee (FOMC) or others in the Federal Reserve System.
