Bloomberg Surveillance

China will step up counter-cyclical support and prepare additional high-impact policy tools as it seeks to meet this year’s economic targets.

It’s a key threshold on the way to Narendra Modi’s ultimate goal of transforming the world’s most populous nation into a developed country.

Sentiment among US consumers deteriorated for a third straight month on cost-of-living concerns, while personal spending in Japan continued to weaken and German factory orders slid.

Europe’s political class is showing the first signs of bending to the will of an unforgiving bond market.

Europe’s most recent bond selloff is a “clear warning sign” that investors are getting nervous about governments’ efforts to rein in debt, according to one of Germany’s top central bankers.

Egyptian inflation slowed for a second straight month to its lowest level since February, riding out renewed price pressures amid an escalation in the Iran war.

For more than a year, President Donald Trump has sought to push out members of the Federal Reserve Board of Governors and gain more leverage over the central bank’s policies. In early October, the White House resumed that effort, announcing the formation of a committee to investigate mortgage fraud allegations against board member Lisa Cook. She will be required to appear at a White House hearing on Nov. 5 to defend herself, Trump said in a memo.

Treasuries slipped at the end of the week as still-elevated energy costs stoked concern about inflation and backed expectations for further Federal Reserve interest-rate increases.

Russia’s federal budget spending increased 14.5% in the first nine months of the year amid the Kremlin’s intensifying war on Ukraine.

Russian inflation remained stubbornly above the central bank’s target, further clouding prospects for a resumption of interest rate cuts as policymakers weigh the impact of an increase in regulated tariffs.

University of Michigan Surveys of Consumers Director Joanne Hsu says US consumers have been "loud and clear" about their struggles with higher prices and their outlook for the economy has declined since the beginning of the year. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)

Emergency crews are working to clear mud, rocks and stranded vehicles from streets in Chile's capital after flash flooding swept through the affluent Las Condes neighborhood, damaging homes, hospitals and a university. The area in Santiago has been declared a disaster zone. At least six people were hurt Thursday afternoon. (Source: Bloomberg)

The Federal Reserve said income inequality fell over the last three years, but the change did little to narrow persistent wealth disparities.

US consumer sentiment fell in early October and views of current economic conditions hit an all-time low as inflation weighed on households.

Brazil’s next government has no time to lose when it comes to delivering sweeping fiscal policy changes, said Marcelo Kayath, who is seen as a top contender for finance minister should Flávio Bolsonaro win the presidency.

The International Monetary Fund’s board will probably sign off on a $1.47 billion deal for Zambia in December, its mission chief to the southern African nation said, after a staff-level deal was agreed on Friday.

France’s budget proposal is a meaningful attempt to tame the deficit that risks adverse consequences if it doesn’t pass, according to a senior Fitch Ratings analyst.

Brazil’s annual inflation rate in September breached the target ceiling on higher electricity prices, adding to the financial strain on voters as they prepare to choose their next president on Oct. 25.

The European Central Bank would like euro-area consumers to be able to use digital euros in all online shops, some physical stores and to make payments to each other right from the start, according to a presentation seen by Bloomberg.

Asian manufacturers get immediate benefit from AI production, while US hopes for broad productivity gains down the road.