🇺🇸 UPDATE: US economy surges, marking its strongest growth in almost two years on consumer spending. https://t.co/rzioIOlxzP ...

The US government is doing everything they can to stimulate growth in America.They are deregulating, creating economic incentives, and making investments in companies. https://t.co/F33JWWEbJs ...

GDP revised higher for Q2 to 3.8%; fastest economic growth in 2 years.Initial & continuous jobless claims lower than expected, home sales higher than expected, core PCE marginally higher.TLDR; economy holding up better than expected, rates are up, risk is down. ...

Core Insights - The labor market remains resilient, leading to increased Treasury yields and a shift in expectations regarding Federal Reserve interest rate cuts [1][2][6] Economic Data Impact - Weekly jobless claims were lower than expected, and quarterly economic growth exceeded forecasts, contributing to a rise in short-maturity rates [2][3] - The two-year yield increased by approximately 3 basis points to 3.67%, marking the highest level since early September [2] Market Sentiment - Traders have slightly reduced their expectations for interest rate cuts by the Federal Reserve, moving away from fully pricing in a quarter-point cut in late October [3][6] - Despite the current economic data not supporting further rate cuts, some analysts still anticipate cuts in October and December due to a weakening labor market [4] Treasury Yield Movements - The 10-year note yield rose by 3 basis points to 4.17%, while the 30-year yield was around 4.75%, resulting in a flatter Treasury curve [5] - The yield gap between five and 30 years fell below 1 percentage point for the first time since August 11, indicating market skepticism about the Fed's ability to implement a series of rate cuts [5] Future Rate Expectations - Analysts suggest that without significantly weaker economic data, it is unlikely for 10-year yields to drop below 4% in the near term, with rates expected to fluctuate within the 4% to 4.25% range [7]

The assumption was that consumer spending had softened considerably due to angst and uncertainty stemming from the trade wars. Now it appears that Americans mostly went about their business as usual. ...

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. https://t.co/JnZVMxXRLh ...

Brazil’s central bank said economic growth will slow through the rest of this year and all throughout 2026 as interest rates at nearly a two-decade high start to grind on activity https://t.co/qsmO4KEyNf ...

Economic Management Challenges - The Chancellor, Rachel Reeves, is under pressure to reconsider her promise not to increase income tax due to a struggling economy and disappointing tax receipts [1][6] - The government previously attempted to limit growth in the benefits bill but faced significant pushback, indicating a challenging political environment for fiscal restraint [3][4] Fiscal Policy Constraints - Reeves has redefined fiscal rules to allow for more borrowing but has quickly exhausted that capacity, complicating her financial strategy [4] - The Chancellor's commitments to keep costs down and promote economic growth further limit her options for tax increases [5][6] Tax Revenue Insights - The financial gap is estimated between £20 billion and £50 billion, making it difficult for the Chancellor to raise sufficient funds through smaller tax increases [6] - Major tax sources for the Treasury include income tax (approximately £300 billion), National Insurance (over £200 billion), VAT (over £180 billion), and corporation tax (projected to exceed £100 billion next year), while smaller taxes yield significantly less [7]

财税金融稳定增长。1-8月，一般公共预算收入302.99亿元，同比增长2.6%。税收总收入806.28亿元，下 降1.7%；其中国内税收596.89亿元，增幅与上年持平。8月末，金融机构本外币存款余额9657.99亿元， 增长1.1%；金融机构本外币贷款余额11295.21亿元，增长3.5%。 居民消费价格总体稳定。1-8月，居民消费价格指数（CPI）同比下降0.7%。消费品价格指数同比下降 0.6%。从八大类构成看，食品烟酒类下降0.3%，衣着类上涨6.7%，居住类下降1.0%，生活用品及服务 类下降0.8%，交通通信类下降3.5%，教育文化娱乐类下降1.3%，医疗保健类下降0.1%，其他用品及服 务类上涨2.7%。 采写 南都N视频记者 杨振华 固定资产投资有所下降。1-8月，固定资产投资同比下降22.9%。分行业看，文化、体育和娱乐业投资增 长79.4%，科学研究和技术服务业投资增长45.0%，公共管理、社会保障和社会组织投资增长2.1%；水 利、环境和公共设施管理业投资下降22.7%，卫生和社会工作投资下降20.7%，制造业投资下降12.3%， 交通运输、仓储和邮政业投资下降4.7%。新建商品房销售面 ...

Ireland’s economy is set to grow more than previously expected on rising government spending and housing investment, the Economic and Social Research Institute said, as it warned about potential overheating https://t.co/rNGqyQMm2M ...