US industrial production up by 0.1% in September

It is a pleasure to address this Committee for the fourth time this year. Recent years have witnessed profound technological, geopolitical, and structural changes which continue to redefine our economic landscape. These shifts underscore not just the importance of improving Europe’s resilience and competitiveness, but also the imperative to build lasting internal economic strength. In our previous hearings, we examined this shifting global environment and its implications for the European economy. Today, I will focus my remarks on the instruments in our toolkit, in line with the topic you have selected for this hearing. Before turning to these tools, let me first outline our assessment of the euro area economy and our current monetary policy stance. ECB's Lagarde: We expect inflation to stay around our 2% target in the coming months ECB's President Lagarde: Outlook is more balanced, but uncertainty remains LAGARDE SAYS RISKS TO OUTLOOK CONTINUE TO BE TWO-SIDED

U.S. import prices recorded no change in September, the U.S. Bureau of Labor Statistics reported today, following a 0.1-percent advance in August. Higher prices for nonfuel ...

US Tsy Sec. Bessent: Supreme Court Needs To Be Prudent About Undoing Trump's IEEPA Tariffs - ‘Optimistic’ On Supreme Court Tariff Decision US Treasury Secretary Bessent: We can recreate exact tariff structure if needed. US Treasury Secretary Bessent: Fed Chair has room to start discussion on policy but has one vote. BESSENT: NO ONE UNDERSTANDS FED'S BALANCE SHEET FUNCTION BESSENT: CERTAIN SECTORS OF THE ECONOMY HAVE WEAKENED, NEED INTEREST RATE CUTS

The US private sector services economy continued to expand at a solid pace in November, despite growth softening to a five-month low, according to the latest PMI® survey data from ...