Central banks
ECB keeps its deposit rate at 2.50%
The ECB said "The Governing Council today decided to keep the three key ECB interest rates unchanged." The deposit facility rate stays at 2.50%.
Central banks
The ECB said "The Governing Council today decided to keep the three key ECB interest rates unchanged." The deposit facility rate stays at 2.50%.
Central banks
The Bank of Japan said "The Bank will encourage the uncollateralized overnight call rate to remain at around 1.25 percent."
Central banks
The SNB said "The Swiss National Bank reports a profit of CHF 44.2 billion for the first three quarters of 2026." Foreign currency positions made CHF 43.3 billion and gold holdings a CHF 1.2 billion valuation gain.
Economy
The Bureau of Economic Analysis said "Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the third quarter of 2026".
Economy
The BEA said the PCE price index rose 0.5% in September and 3.6% from a year earlier; the core index rose 0.3% and 3.1%. Personal income increased $54.5 billion, or 0.2%, and consumer spending $113.1 billion, or 0.5%.
Economy
The Treasury's par yield curve showed the 10-year yield at 4.98% on Thursday, from 5.05% on Wednesday. The 2-year yield fell to 4.61% from 4.67% and the 30-year to 5.32% from 5.37%.
Companies
Amazon said AWS segment sales rose 39% to $46.0 billion. Operating income increased to $28.1 billion from $17.4 billion, while net income fell to $20.7 billion, or $1.89 a share, from $21.2 billion.
Companies
Lilly said third-quarter revenue rose 39% to $24.4 billion and that earnings per share were $7.22 on a reported basis, or $7.48 on a non-GAAP basis.
Companies
Intel said "Third-quarter revenue was $16.5 billion, up 21% year-over-year (YoY)." Earnings per share were $0.60, or $0.52 on a non-GAAP basis.
Regulation
The SEC said it charged BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd over a scheme that raised "more than $130 million from tens of thousands of retail investors."
Energy
The EIA said "Working gas in storage was 3,724 Bcf as of Friday, October 23, 2026", a net increase of 80 Bcf from the previous week.
AI
“Canadians will own a stake in Cohere’s world-leading secure AI.”
“An investment for Canadians, by Canadians.”
Official post · not independently verified
Lead story
The Federal Open Market Committee said it "decided to maintain the target range for the federal funds rate at 3-3/4 to 4 percent". The vote was 10–2.
World
The government called it the "largest ever package of financial backing for Ukraine". It includes £7 billion of economic support over three years, with up to £5.5 billion of World Bank guarantees, and £500 million for air defence.
World
The Treasury's Office of Foreign Assets Control sanctioned the Rwandan Ministry of Defence and Zigama Credit and Savings Society, which it said helped facilitate Rwanda's support for the March 23 Movement (M23).
World
OFAC sanctioned 10 individuals and one entity for their roles in North Korean government-run IT worker schemes that, it said, defraud US businesses and fund weapons programmes.
World
“that commercial vessels are hitting sea mines while transiting the Strait of Hormuz”
“All internationally recognized primary transit routes through the Strait of Hormuz have been cleared of sea mines by U.S. forces and remain so.”
Official post · not independently verified
World
“We have a new ambition: bringing Canada closer to us than ever before, as Associate Member of the EU.”
“With an Alliance for the Future, we will stand together and respond to a world of growing rivalries.”
Official post · not independently verified
Central banks
The Bank "increased its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%".
Central banks
Chair Kevin Warsh said "eight meetings per year is the right number for the FOMC", but "in 2027, one meeting will focus exclusively on broad monetary policy strategy, with neither a vote on the federal funds rate nor a policy statement anticipated."
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