The Federal Reserve Board released the minutes of its meetings on August 17, September 9, and September 16, 2026, which reviewed and set the discount rates offered to depository institutions through the discount window. The Board notes that this process is distinct from the one the Federal Open Market Committee uses to set the target range for the federal funds rate.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Federal Reserve ↗
Related news
- Minutes of the SONIA Stakeholder Advisory Group - 25 September 2026
The SONIA Stakeholder Advisory Group noted the unsecured overnight market remained stable, with daily volumes around £55 billion and the spread to Bank rate near 1.9 basis points. Money-market funds had seen inflows of about £15 billion since the start of the year, while the Bank of England and HM Treasury are reviewing their powers to collect sterling money market data. The Bank is considering longer RTGS and CHAPS settlement hours, nearing 24/7, and one scenario where CHAPS closes at 18:00 and reopens at 20:00 could create a gap between value dates and calendar dates. The group strongly prefers keeping the SONIA publication time at 09:00, and generally found data releases after 08:00 preferable, though 09:30 was seen as relatively late. The Bank expects to return to industry with consultation themes and next steps in the first quarter of 2027.
- Minutes of the Money Market Committee meeting – September 2026
Minutes of the 25 September 2026 meeting of the Money Markets Committee (MMC) at the Bank of England covered use of the Bank's market-wide repo facilities and the Monetary Policy Committee's September decision on Quantitative Tightening. Members judged money markets to be functioning smoothly with ample liquidity and limited stress despite bond market volatility, and noted rising European Commercial Paper issuance. They welcomed the Financial Policy Committee's proposed leverage ratio changes but said other constraints make near-term balance-sheet impact hard to predict, and they will monitor competition for deposits. On RTGS and CHAPS settlement hours, feedback to the May 2026 consultation broadly favoured extending existing operating hours before adding days, though members flagged practical issues, especially for smaller firms.
- Ukrainian banks processed UAH 141 mln in bail payments to anti - corruption court in August - September – Pyshnyy
National Bank of Ukraine Governor Andriy Pyshnyy said banks processed 527 transactions paying bail into the High Anti-Corruption Court (HACC) account in August and September, totaling over UAH 141 million, including 178 cash payments worth UAH 64 million. An additional UAH 4.5 million was processed as of October 10, and Pyshnyy said the system is still accepting payments. The remarks follow September reports that banks refused bail transfers, including UAH 300 million cited by MP Vadym Stolar and 15 banks reported by lawyers for Iryna Mudra, prompting the HACC on September 24 to order the NBU to investigate. Pyshnyy said the NBU does not approve or block transactions in real time, as individual banks make risk-based decisions and the regulator checks compliance through supervision, and that it had not instructed banks to automatically refuse such payments.
- Greece inflation Hits 5 . 1 % in September as Eurozone Rate Rises to 3 . 8 %
Annual inflation in the eurozone accelerated to 3.8% in September 2026 from 3.2% in August, confirming Eurostat's preliminary estimate and up from 2.2% a year earlier. The European Union recorded the same 3.8% rate, while Greece's annual inflation was confirmed at 5.1%, well above the eurozone average. Consumer prices rose 1.9% month on month, slightly above the preliminary estimate of 1.8%, with energy the largest contributor to the eurozone rate at 1.71 percentage points, followed by services at 1.52 points. Sweden had the lowest annual rate at 1%, while Romania had the highest at 6.5%.
- US inflation heats up in September; Fed rate hike this month back on table
- Nigeria Inflation Rate Tested as September Data Looms
Nigeria's headline inflation eased to 15.39% year-on-year in August 2026 from 15.43% in July, according to the National Bureau of Statistics, while food inflation fell to 19.57% from 20.31%. Because the NBS rebased its consumer price index, the lower rate may partly reflect the new basket and base effects rather than genuine price relief. Food and fuel remain the main pressure points, with petrol subsidy removal raising transport costs and a weaker naira raising the cost of imported inputs. The Central Bank of Nigeria, led by Governor Olayemi Cardoso, cut its policy rate to 23% in September 2026, while the market forecast September inflation at 15.5%. For US investors in Nigerian bonds and Eurobonds, the article says whether the rate cut holds, along with currency and inflation risks, will determine dollar returns.
Related markets
Latest news
- Meta Earnings: What To Look For From META
Meta Platforms (NASDAQ:META) will report earnings this Wednesday after the market closes. Last quarter, revenue reached $60.8 billion, up 28% year on year and above analysts' expectations, though revenue guidance for next quarter slightly missed forecasts; daily active users hit 3.6 billion, up 3.4%. The market expects revenue growth of 23.6% this quarter, slowing from 26.2% a year earlier, and analysts have generally reconfirmed their estimates over the past 30 days. Over the last month, consumer internet stocks have gained 1.3% on average, while Meta is down 4.8%.
- An AI bust could come from places investors arent watching , an economist says
Concerns about an AI bubble are growing, and TS Lombard's Dario Perkins warns that investors may be overlooking other risks. Debt among smaller cloud providers, model developers and suppliers could reach $2 trillion by the end of 2027. Perkins does not see this as a systemic risk, but warns that earnings disappointments and canceled orders could ripple through the ecosystem, and that a chip glut could follow over-ordering. Much of the industry's revenue growth still comes from spending within the AI ecosystem rather than from businesses and consumers outside it. He also flags political backlash, noting that ordinary people dislike AI and nearby datacenters, and warns that one high-profile accident could turn AI toxic.
- Yen jumps after JGB auction draws big demand , euro finds relief
The yen rose 0.2% to 158.15 per dollar in Asian trading after a 20-year Japanese government bond auction drew bids of 5.84 times the amount sold, well above the 4.01 times at the previous auction, and the yield fell 6 basis points to 3.71%. A State Street strategist said the record demand suggests sidelined cash is returning and that JGBs are becoming a relative haven from political and fiscal volatility in Europe, particularly France. Anti-government protests in France prompted curfews in several cities, while Italy said it would send 500 troops after two days of unrest, and the euro rallied 0.2% to $1.1234. Elsewhere, bitcoin slipped 0.3% to $81,674.25 and ether edged down 0.2% to $2,393.21.
- Unemployment rate dips to 4 . 7 % - but vacancies hit five - year low
Vacancies fell by 21,000 to 691,000 in the three months to September, the biggest drop since the three months to March and the lowest since July to September 2014 outside the pandemic, while unemployment dipped in the three months to August. Payroll numbers were down 66,000 over the year to September. The ONS said the fall was mainly among smaller firms struggling with higher labour costs, following rises in employer national insurance, the minimum wage and workers' rights. A CBI survey found labour costs and regulations were making it harder to create jobs, and firms urged the Chancellor not to add to their burden in the October 28 Budget. ICAEW's Suren Thiru said the labour market is 'running on idle' and unemployment could climb above 5 per cent, while Shadow Chancellor Andrew Griffith blamed Labour's 'Jobs Tax' and red tape.
- CNBC Daily Open: Tech rebounds in the U.S., but Asia isn’t buying it yet
U.S. tech stocks rebounded as the Nasdaq Composite rose more than 1% on Monday, with Nvidia up 1.4% and Tesla up 3.8%. In Asia, however, tech shares fell on Tuesday, with South Korea's Kospi down over 4% and Japan's Nikkei 225 down 1.6%. Nvidia also unveiled plans to back four German AI startups as part of its nearly $10 billion European investment commitment. Jenny Lee of Granite Asia said Asian companies are reaching IPOs much sooner, often at four to five years old, while Jio Platforms' Indian IPO saw its anchor investor quota oversubscribed more than 30 times, aiming to raise up to 302 billion rupees ($3.2 billion). In Singapore, several agricultural stocks fell after Senior Minister K Shanmugam warned that companies would not escape responsibility for possible roles in the haze, noting seven firms had been questioned by the Singapore Exchange.
- NiSource (NI) Stock Looks Overvalued Against Its Dividend Outlook
NiSource has nearly doubled shareholders' money over the past five years, delivering a 97.6% total return, which raises the question of whether dividends can justify the current share price. The article highlights a new 20-year energy agreement with Microsoft, including customer-funded grid upgrades and long-term electric service for data centers, which may affect future capital needs and cash-flow visibility. Using a Dividend Discount Model with inputs of about $1.35 dividend per share, roughly 9.07% return on equity, a payout ratio slightly above 61%, and implied dividend growth of about 3.5%, the estimated intrinsic value sits meaningfully below the current share price of $41.95. The model still does not bridge that gap, suggesting income investors are paying a premium for a relatively steady payout with modest assumed growth.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.