Core Viewpoint - The European Central Bank (ECB) has maintained its key interest rate at 2% for the third consecutive meeting, indicating that inflation is under control and European businesses are managing the impact of higher U.S. tariffs better than expected [1][7]. Economic Growth and Competitiveness - Despite a modest growth outlook, concerns about Europe's economic competitiveness are rising, particularly in light of increasing competition from China and higher U.S. tariffs [3][4]. - Recent surveys indicate a modest upswing in European business activity at the start of the fourth quarter, with a growth of 0.2% in the third quarter compared to the previous quarter and a 1.3% increase year-over-year [6]. Inflation Control - Inflation was recorded at 2.2% in September, slightly above the ECB's target of 2%, leading analysts to suggest that the ECB may not change rates again until next year [7]. Monetary Policy Stance - The ECB's current stance contrasts with the U.S. Federal Reserve, which has recently cut rates to support growth amid elevated inflation [8]. - ECB President Christine Lagarde emphasized that while the monetary policy is in a good place, it is not fixed, and future decisions will be data-driven [5].

Economic Outlook - Mexico faces an economic test balancing growth with a volatile relationship with the US [1] - The country's growth could outpace the US by the end of the decade if Plan Mexico succeeds [3] - Markets are cautiously optimistic, seeing both promise and peril in Mexico's balancing act [4] Trade Relations - Nearly 80% of Mexican exports are bought by the US, ranging from cars to oil [2] - Threats of tariffs from Washington can destabilize the peso and investment [2] Policy & Initiatives - The current administration is focused on industrialization and energy reforms [2] - Plan Mexico aims to transform border states into manufacturing powerhouses [3]

Hi, Victoria Guida from Politico. Um, on AI, I'm just wondering, you know, it seems like a lot of the economic growth that we've been seeing is fed by investments in AI. So, how worried are you about what a sudden contraction in tech investment would mean for the overall economy.Is there enough strength in other sectors. And um, specifically, are there are there any lessons that you take from the 1990s in in how you might uh approach what's happening right now. Yeah, this is this is different um in the sens ...

Steve Leeman, CNBC. Mr. . Chairman, can you characterize the uh the meeting in terms of you said strongly differing views was this a close call this cut or was it a close call maybe the other way because you had dissents on both sides.Thanks. >> So I was referring to uh the discussion about to the extent it related to December. You saw we had we had two descents, one for 50 and one for no cut.So, um, you know, that was a strong solid vote in favor of this cut. This the strongly, uh, uh, differing views were ...

Let's talk to uh Goldman Sachs's head of investment credit, Johnny Fine. Nice to have you back here at Post 9 to be here. Thanks for having 25.What else do you think we get in terms of a a sense as to where things stand for uh the year ahead. >> I think we'll get a reaffirmation that there'll be a cut again in December. I think you'll hear that in the press conference.I don't think there's anything that we've learned about the real economy or the labor market that changes the summary of economic projections ...

Chancellor of the Exchequer Rachel Reeves said she aims to outperform anemic growth forecasts for Britain’s economy, as she reiterated warnings of tough choices on tax and spending at her upcoming budget. https://t.co/LVC9FI8ynM ...

Glenn Fogel, Booking Holdings CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, state of travel, impact of AI, and more. ...

K-pop superstar RM of the popular boy band BTS urged global leaders and business executives to invest more in culture and the creative industries, emphasizing the crucial role of soft power in driving economic growth https://t.co/BgCREAGOdd ...

Spain continued to record strong growth, cementing its status as the euro area’s top major economy https://t.co/JTLKaRr0JU ...

The limited impact of tariffs on current earnings conceals a potentially lasting effect on future growth. For when it comes to investments in that growth, America’s non-AI businesses look as paralysed by the uncertainty as deer in the headlights https://t.co/vHSJipvGpo ...