French central bank head warns country at risk of being ‘strangled by interest rates’
Emmanuel Moulin says France can still reassure bond investors despite ‘serious and worrying’ market moves in recent days
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Germany and France agree on last-resort tool against trade threats
Berlin agrees on ‘second-strike weapon’ to deter threats over key supplies such as Chinese rare earths and magnets
FirstFT: How AI is transforming warfare
Also in today’s newsletter: Fed defies Trump and Europe’s potato shortage
Why Carney’s romance with Europe can only go so far
Berlin opposes fast track to EU ‘associate membership’ for Canada, with officials warning Ottawa risks angering other partners
Trump fails to bend the Fed to his will
Kevin Warsh leads the US central bank to its first rate rise since 2023 less than four months into the job
Do inflation expectations matter in a social-media echo chamber?
Consumers and companies lack the ability or will to act — it is bond investors that policymakers should worry about
EU asks China to voluntarily limit car exports
Brussels wants Beijing to restrict sales of Chinese hybrid vehicles to around 15% of the EU market
Trump suggests EU-Canada associate member deal would be ‘hostile act’
US president threatens to impose ‘very serious’ tariffs on the bloc if the measure is approved
Fed defies Trump with first rate rise since 2023
President calls for 1% borrowing costs after US central bank signals willingness for further action to cool inflation
US passes bill targeting importers of Russian oil
Trump expected to sign measure authorising tariffs of up to 100% on buyers of Moscow’s energy supplies
Federal Reserve decision as it happened: US central bank raises interest rates for first time since 2023, Donald Trump calls for borrowing costs to be 1% or less
Stocks end lower and Treasury yields rise after policymakers signal they are prepared to take further steps to curb inflation sweeping the US
Federal Reserve raises fed funds rate with likely more to come
Its decision was accompanied by new inflation and interest rate forecasts showing that most policymakers expect one more tightening this year
UK inflation rose to 3.1% in August
Figure worsens squeeze on households ahead of BoE meeting
The EU should not increase resilience at the expense of trusted partners
Its Industrial Accelerator Act would threaten supply chain connections with the likes of Japan
Chinese oil prices hit record highs after attacks on Saudi pipeline
Beijing has cushioned global impact of Iran war by drawing down stocks but is now ‘coming off its crash diet’
FirstFT: US mega-donors overwhelmingly back Republicans, FT analysis shows
Also in today’s newsletter: European Commission president endorses Canada’s ‘associate member’ pitch, and the Fed should defy Trump and raise rates, say economists
Road fuels push UK inflation higher in August
Rise in headline rate was almost exclusively down to higher energy prices with few signs yet of broadening price pressures
Submit a question: What do British businesses need from the Budget?
Take part in a live Ask an Expert Q&A with John Gapper, the FT’s chief UK business columnist, on Thursday September 17 at 1pm BST
Fed should defy Trump with rate rise, top economists say
The vast bulk of respondents in FT-Booth poll say the central bank should lift borrowing costs in a bid to tame inflation
EU capitals rebuff Carney’s ‘unique alliance’ with Canada
Some governments balk at prime minister’s call for ‘middle powers’ to join forces against US and China
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