The European Central Bank faces a difficult monetary policy decision as rising energy costs threaten to prolong inflation while higher government borrowing costs put pressure on economic activity. Its expected decision to keep the deposit rate at 2.5% on October… Read More ›
Day: October 29, 2026
AI Investment and Consumer Spending Support US Economic Growth
The United States economy entered the third quarter of 2026 with two important sources of support: continued consumer spending and substantial business investment in artificial intelligence infrastructure. Economists expected economic growth to accelerate during the July-to-September period, despite higher energy… Read More ›