Departure announced just hours before central bank held interest rates at 2.5%
Source: Financial Times
―
DW NOTE
Lagarde exits six months after oil doubled and eight months after gold hit $5,300, leaving her successor to explain why the ECB held rates at 2.5% while energy costs tore through household budgets. The timing suggests she read the room: inflation is back, the tools don't work, and someone else can take the blame.
Indonesian Sovereign Yields Spike to Four-Year Highs as Treasury Pressures, Weak Auctions, and Rupiah Strain Squeeze State Debt - InvestorTrust
The European Union has been paying $11 billion more to import oil since the Middle East crisis choked crude oil supplies and triggered a global fuel crisis, an analysis by Euronews Business showed on Thursday. The value of the EU’s petroleum imports jumped by 55.8% in the second quarter of 2026, des
▶ Bitcoin Magazine Senator Bill Hagerty: Expanding the U.S. Strategic Bitcoin Reserve, & the Future of Dollar Hegemony Sen. Bill Hagerty explains why CBDCs threaten freedom, how regulatory ambiguity enabled SEC overreach, and what Congress can accomplish before January. This post Senator Bill Hage
Spot gold at $4,025/oz as U.S. GDP growth rises 3.4% in Q3, core PCE rises 2.5% - Kitco