News Feed
Spain orders olive oil mills to store 12% of output, taking about 188,000 tonnes off the market
The first use of the measure follows a forecast harvest of 1.6 million tonnes and producer prices near 3 euros a kilo, down from 4 a year ago.
Rate Brief — Currencies and central banks, read from the decision itself
A hold, a resignation and a re-tender
The Riksbank moved its path without moving its rate, the ECB loses a distinctive voice, and the Bank of England changed who asks the public about inflation.
The Bank's inflation survey changed hands and ran twice
Savanta replaced Ipsos on the Inflation Attitudes Survey from August 2026, with a parallel run to measure what the change itself did.
The RBI books a three-day reverse repo to run over the weekend
A variable rate reverse repo auction is set for Friday 25 September, on a review of current and evolving liquidity conditions.
The Fed publishes an action against a former bank employee
The Board announced the execution of an enforcement action involving a former employee of Sandy Spring Bank, with the detail in the linked orders.
Sweden leaves its rate where it is and steepens the path ahead of it
The Riksbank kept 1.75 per cent but now expects to tighten further than its June projection, with the first move due this year.
Paris, Berlin and Madrid cannot agree where Europe ends
The Industrial Accelerator Act would favour European goods in public contracts, and the three capitals differ on what counts as European.
Isabel Schnabel leaves the ECB board in January for a senior IMF post
She becomes the Fund's Financial Counsellor and head of Monetary and Capital Markets from 4 January 2027.
The Fed's Treasury portfolio grew only at the bill end
Total Treasury holdings are up $353.1bn on the year and bills are up $354.7bn - so everything longer than a bill is slightly smaller than it was.
Central banks spent this week talking about the plumbing
A discount window speech, a resolution speech, an outright bond sale and a payments deck - four institutions discussing the machinery that carries a rate decision.
The RBI will sell 25,000 crore of a single 2029 bond line
An outright sale on 28 September sits on top of the daily overnight drains - two instruments working on two different horizons of the same liquidity surplus.