MACRO & FED
Protothema.gr
15 Sep 2026 · 16:45
Bank of Greece: Inflation expected to reach 3.5% in 2026 — When will it ease?
Newsroom September 14 04:02 Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης Add Protothema.gr on Google The Bank of Greece estimates that inflation will rise to 3.5% in 2026, up from 2.9% in 2025, driven …
Newsroom September 14 04:02
Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης Add Protothema.gr on Google
The Bank of Greece estimates that inflation will rise to 3.5% in 2026, up from 2.9% in 2025, driven by higher energy prices and continued price pressures in the services sector, according to the central bank’s latest Inflation Monitor.
Inflationary pressures are expected to ease in the coming years as energy commodity prices are projected to decline. Inflation is forecast to fall to 2.7% in 2027 and 2.2% in 2028.
According to the latest forecasts by experts, inflation in the euro area is expected to peak at 3.6% in the fourth quarter of 2026 (2026 Q4), due to a sharp rise in energy prices, before falling rapidly to 2.5% in the second quarter of 2027 (2027 Q2). This decline is expected to be driven mainly by strong downward base effects in the energy sector. Headline inflation is expected to stabilize at around 2.0% over the medium term, as the contribution of energy inflation approaches zero and the indirect/second-round effects of the energy shock remain limited.
In Greece, headline consumer price inflation (CPI) followed an upward trend during the first five months of 2026. It declined in June and July but rebounded to 3.7% in August, bringing the average inflation rate to 3.6% during the first eight months of 2026.
The rise in inflation in August was linked to increases across all five major components, particularly services and energy inflation. Core inflation also increased significantly in August, in line with the rise in services inflation, which was driven by a notable increase in accommodation services prices.
According to the Inflation Monitor, following these developments, expectations for monetary policy in the euro area point to one more 0.25 percentage-point interest-rate increase by the European Central Bank (ECB) during 2026, following the most recent increase the previous week.
MACRO & FED
Inc.
15 Sep 2026 · 16:45
Cutwater is becoming a $1 billion brand by doing the opposite of what everyone else in alcohol is doing
Cutwater, one of the fastest-growing brands in the spirits industry, is approaching a major milestone: $1 billion in annual sales. Revenue growth for the ready-to-drink canned cocktails, which come in two dozen different vodka, …
Cutwater, one of the fastest-growing brands in the spirits industry, is approaching a major milestone: $1 billion in annual sales.
Revenue growth for the ready-to-drink canned cocktails, which come in two dozen different vodka, tequila, whiskey, gin, and r… Cutwater, one of the fastest-growing brands in the spirits industry, is approaching a major milestone: $1 billion in annual sales.
Revenue growth for the ready-to-drink canned cocktails, which come …
MACRO & FED
CryptoSlate
15 Sep 2026 · 16:45
Another Bitcoin liquidity test arrives with Tuesday’s US tax deadline
September 15 payments could absorb bank reserves before the Fed decision, while Treasury spending and Fed tools can cushion pressure. The post Another Bitcoin liquidity test arrives with Tuesday’s US tax deadline appeared first …
September 15 payments could absorb bank reserves before the Fed decision, while Treasury spending and Fed tools can cushion pressure.
The post Another Bitcoin liquidity test arrives with Tuesday’s US tax deadline appeared first on CryptoSlate. Tuesdays US estimated-tax deadline will shift cash toward the Treasury, testing whether last weeks improvement in bank reserves can hold through the Federal Reserves meeting. Bitcoin liquidity could …
MACRO & FED
The Times of India
15 Sep 2026 · 16:45
10-year Treasury yield nears 5% ahead of Fed decision
As the Federal Reserve meeting approaches, Treasury yields are nearing the five percent mark. A notable rise in consumer prices for August has significantly heightened expectations for a rate hike. With traders estimating an …
As the Federal Reserve meeting approaches, Treasury yields are nearing the five percent mark. A notable rise in consumer prices for August has significantly heightened expectations for a rate hike. With traders estimating an eighty-nine percent probability fo… Benchmark 10-year Treasury yields neared the key psychological level of 5% on Monday ahead of this week's Federal Reserve meeting, at which the U.S. central bank is widely expected to raise interest …
MACRO & FED
Biztoc.com
15 Sep 2026 · 16:45
Key Events This Week: Fed, BOJ And BOE; Also Retail Sales, Import Prices And Bessent
Key Events This Week: Fed, BOJ And BOE; Also Retail Sales, Import Prices And Bessent It's a bumper week for central bank decisions, with the Fed (Wednesday), BoE (Thursday) and BoJ (Friday) all meeting. …
Key Events This Week: Fed, BOJ And BOE; Also Retail Sales, Import Prices And Bessent
It's a bumper week for central bank decisions, with the Fed (Wednesday), BoE (Thursday) and BoJ (Friday) all meeting. Central banks aside, key data releases include US reta… Key Events This Week: Fed, BOJ And BOE; Also Retail Sales, Import Prices And Bessent
It's a bumper week for central bank decisions, with the Fed (Wednesday), BoE (Thursday) and BoJ (Friday) all meet…
MACRO & FED
Raw Story
15 Sep 2026 · 16:45
Blind panic signals something monstrous just unraveled in an AI lab
Humanity's last 300 years have seen its share of paradigm shifts: the power of steam mechanics, electric power, the assembly line, robotic automation, computers, the net. They all upended the status quo. Moreover, even …
Humanity's last 300 years have seen its share of paradigm shifts: the power of steam mechanics, electric power, the assembly line, robotic automation, computers, the net. They all upended the status quo. Moreover, even early in each transformation, everyone u… Humanity's last 300 years have seen its share of paradigm shifts: the power of steam mechanics, electric power, the assembly line, robotic automation, computers, the net. They all upended the status …
MACRO & FED
Common Dreams
15 Sep 2026 · 16:45
RootsAction and Progressive Democrats of America Announce Campaign Urging AOC and Ro Khanna to Run for 2028 Democratic Presidential Nomination
Turkish Justice Minister Akın Gürlek said the operation, dubbed "My Family Is Safe," targeted 162 people, nine organizations, and 13 businesses. “We will show no tolerance for any criminal organization targeting the institution of …
Turkish Justice Minister Akın Gürlek said the operation, dubbed "My Family Is Safe," targeted 162 people, nine organizations, and 13 businesses.
“We will show no tolerance for any criminal organization targeting the institution of the family, the future of our youth, and social order,” Gürlek declared at the start of the operation.
More than 180 websites and social media accounts belonging to LGBTQ+ organizations and activists, journalists, media outlets, and others have been blocked or restricted, including Amnesty International Türkiye’s X account.
“This appalling escalation in Türkiye’s crackdown amounts to a full-scale assault on LGBTI rights and those who defend them," Amnesty International deputy regional director for Europe Esther Major said Tuesday in a statement. "The relentless raids, arrests, and demonization of LGBTI people under the spurious guise of ‘protecting the families’ demonstrates why defending LGBTI rights in Türkiye is more important than ever."
“This sweeping crackdown, in which scores of people have been arrested, has nothing to do with protecting families and everything to do with further harming and stigmatizing a community that has battled decades of discrimination and intimidation," Major added.
“This appalling escalation in Türkiye’s crackdown amounts to a full-scale assault on LGBTI rights and those who defend them."
Amnesty is one of dozens of groups that signed a declaration calling on the Turkish government to "stop criminalizing LGBTI+ organizations and human rights defenders."
Human Rights Watch (HRW) noted Monday on social media that "the arrests are allegedly for offenses such as 'obscenity,' prostitution, and drug use, effectively conflating defense of LGBT rights with criminal conduct—all under the pretext of a government campaign to 'protect families.'"
"In fact the arrests have nothing to do with making families safer," HRW said. "Instead, they weaponize the rhetoric of 'family values' to pursue discrimination, stigma, and state repression. Everyone in Türkiye should be concerned: When authorities abuse the criminal justice system to silence lawful expression, they undermine the rule of law for everyone."
"The government should end its crackdown on LGBT rights groups, immediately release detained activists, and end discriminatory targeting of LGBT people and their advocates," the group added.
At the United Nations, Special Rapporteur on Human Rights Defenders Andrea Bolaos Vargas said on Sunday that she was "deeply concerned by reports of mass raids and detention of LGBTIQ+ human rights defenders across Türkiye, alongside searches of LGBTIQ+ associations and seizure of digital equipment."
"I urge the authorities to ensure the immediate release of all those detained solely for their legitimate human rights work and to guarantee that LGBTIQ+ defenders and associations can exercise their rights without criminalization, intimidation, or reprisals," she added.
Turkish rights groups and activists were the first to condemn the crackdown. A coalition of more than 110 women's groups issued a joint statement against the arrests, noting they came on the anniversary of the September 12, 1980 military coup and subsequent evisceration of human rights.
"Today, on the anniversary of September 12th, we woke up with reports of the arrest of activists and independent rights defenders from LGBTI+ associations for the LGBTI+ movement," the groups wrote. "These operations are nothing more than the actual implementation of efforts to criminalize LGBTI+ organizing."
"It is not a crime to make and organize policies on gender identity and sexual orientation," they continued. "As women, we are against these operations, which are carried out under the name of 'keeping the family safe.'"
“We know that pressures on our bodies, our lives, our identities, and the right to organize are part of the same authoritarian politics," the groups added. "Let our detainees be released immediately, and the raids on LGBTI+ organizations, access barriers, and criminalization policies be put down. We, as women's organizations, are in solidarity with the LGBTI+ movement; we will not give up our joint struggle against male-dominated and authoritarian policies!"
Numerous officials in Western nations also condemned the crackdown, including Council of Europe Human Rights Commissioner Michael O'Flaherty, who on Tuesday asserted that “mere references to ‘family values’ or ‘protection of children’ cannot serve as legal justification for human rights restrictions."
Leftist Barcelona Mayor Jaume Collboni said Monday: “I condemn the unacceptable wave of pressure targeting LGBTI+ people and organizations in Türkiye. We demand that these operations be terminated immediately and that everyone who has been detained will be released."
"We will not take a step back from defending civil rights in the face of attacks on LGBTI [people] in Türkiye and around the world," he added. "Barcelona will always be with [them]."
“Mere references to ‘family values’ or ‘protection of children’ cannot serve as legal justification for human rights restrictions."
Under Erdoğan and his Justice and Development Party (AKP), Turkey has undergone a major shift from relative tolerance of LGBTQ+ public life toward increasingly systematic state repression.
While homosexuality—which was decriminalized by the Ottoman Empire in 1858—remains legal, the government has increasingly used restrictions on assembly, speech, civil society, and public expression to marginalize LGBTQ+ people. The AKP is currently weighing proposals that could criminalize LGBTQ+ identity and activism outright.
Erdoğan has repeatedly demonized LGBTQ+ people, especially during elections, during which he has used homophobia in his appeals to an overwhelmingly Muslim electorate.
As one protester outside Çağlayan Courthouse told The Associated Press on Tuesday, “We are going through a period where there is an attempt by the ruling power to portray LGBT+ people as the cause of every problem in this society."
MACRO & FED
Biztoc.com
15 Sep 2026 · 16:45
Time Preference: The Key Behind the Increase in the Long-Term Interest Rates
After closing at 4.26 percent in January this year the yield on the 10-year US Treasury Bond settled at 4.70 percent at the end of August. By popular thinking, whenever the central bank raises …
After closing at 4.26 percent in January this year the yield on the 10-year US Treasury Bond settled at 4.70 percent at the end of August.
By popular thinking, whenever the central bank raises the growth rate of the money supply through the buying of financia… After closing at 4.26 percent in January this year the yield on the 10-year US Treasury Bond settled at 4.70 percent at the end of August.By popular thinking, whenever the central bank raises the gro…
MACRO & FED
Biztoc.com
15 Sep 2026 · 16:45
Stocks could have a tough road ahead if the Fed hikes rates: Chart of the Day
Oil prices (BZ=F, CL=F) are solidly back over the $100 per barrel mark. The August payrolls report showed the US economy added three times as many jobs as expected. Consumer pricing data showed "core" …
Oil prices (BZ=F, CL=F) are solidly back over the $100 per barrel mark. The August payrolls report showed the US economy added three times as many jobs as expected. Consumer pricing data showed "core" pricing ticking up faster than expected.
In other words, t… Oil prices (BZ=F, CL=F) are solidly back over the $100 per barrel mark. The August payrolls report showed the US economy added three times as many jobs as expected. Consumer pricing data showed "core…
MACRO & FED
Common Dreams
15 Sep 2026 · 16:45
Avoiding Landmines on Our Path to Medicare For All
To move forward toward Improved Medicare for All, the supporters must be strategic, persistent, and patient. In addition, supporters must be ready to neutralize the counterattacks from the opponents who are rich, formidable, and …
To move forward toward Improved Medicare for All, the supporters must be strategic, persistent, and patient. In addition, supporters must be ready to neutralize the counterattacks from the opponents who are rich, formidable, and devious.
Because Improved Medicare for All is such a winning policy, those powerful forces must rely on fear, division, and lies to prevail. They succeed not by convincing us with reason but rather by tricking us into working against our own best interests. President Roosevelt exposed this dynamic in 1936, as he fought for our Social Security. “It is an old strategy of tyrants to delude their victims into fighting their battles for them,” he warned us.
As a first step, it is imperative to recognize who the “tyrants” are. They include some of the largest, most profitable, multinational corporations in the world, the ones that profit so enormously from the current healthcare system. The “tyrants” also include billionaires who are determined to amass more and pay as little as possible toward the common good. These wealthiest people in the history of the world have no intention of paying their fair share.
In addition to them are their surrogates, some of whom may be disguised. They include those we elect, who are supposed to work for us, but want to keep open and flowing the pipeline to campaign contributions and other benefits the wealthy “tyrants” provide. Some of the surrogate-politicians are obvious. They seek unabashedly and openly to rip away even the inadequate health insurance Americans currently have. They are the ones working toward the further privatization of Medicare.
Some, though, whether they rationalize to themselves or simply are confused and don’t realize that they are doing the bidding of the “tyrants,” claim that they support national health insurance, but argue that it’s not practical. They not only don’t fight for Improved Medicare for All, they muddy the debate and even may subtly throw up roadblocks to its enactment. Another group of surrogates are some journalists and editors who often work for publications owned by the billionaire “tyrants.”
All of these surrogates are highly influential and may convince your family, friends, neighbors, and even you, that Improved Medicare for All is something to be feared – notwithstanding that virtually every other industrialized country has their own form of Improved Medicare for All, systems that cover their entire populations less expensively and have better health outcomes than the United States.
To understand how the “tyrants” and their surrogates delude their victims – the rest of us – into fighting among ourselves and working against our own best interests, it is essential to keep in mind the Powell memo of the 1970s and the Gingrich memo of the 1990s. Underlying both was the retreat from honest policy discussions and instead a power struggle backed by huge amounts of money. Their views represent a small minority, so their method of prevailing is to divide and instill fear.
Supporters must be hyper-vigilant against the monied interests tricking the American people into succumbing to this “old strategy of tyrants.” Those who want to enact Improved Medicare for All must understand the facts and the ploys.
Perhaps the oldest line of attack is simply to call Improved Medicare for All “socialized medicine.” The phrase “socialized medicine” has become the proverbial four-letter curse word to many Americans. Opponents are quick to label any health proposals they don’t like, “socialized medicine.”
One might think that the phrase, “socialized medicine,” has lost its bite. After all, the Soviet Union and the Cold War officially ended decades ago, on December 25, 1991, when the hammer-and-sickle flag last flew over the Kremlin in Moscow. The phrase appears to be effective because it invokes irrational fears of change and the unknown. It is, in essence, shorthand for something that is foreign, dangerous, and scary.
Because the charge plays on people’s fears, the lie that Improved Medicare for All is socialized medicine can’t be defeated with logical explanations. Rather, it makes sense to address quickly the epithet but then immediately pivot to what people like about Improved Medicare for All.
Another powerful lie is that Improved Medicare for All will hurt the people who are currently on Medicare. This is a deeply cynical stratagem, but, unfortunately, it is effective. Because seniors and people with disabilities, on average, have the greatest health care needs, they are, as a group, particularly susceptible to this kind of fearmongering. It is therefore imperative that advocates of Improved Medicare for All have a honed, well thought-through strategy aimed toward current Medicare beneficiaries and those close to turning age 65.
In fact, those currently on Medicare will be much better off with Improved Medicare for All. Their benefit package will be more comprehensive, their out-of-pocket costs will drop to zero, and the security of the program will increase, since everyone will have a personal stake in seeing it expanded and not cut.
Moreover, it will be simpler. Gone will be all premiums, deductibles, co-insurance, and co-pays. Those who today have their Medicare premiums automatically deducted from their Social Security benefits will see those benefits increased. Gone also will be the impossible tasks of deciding what prescription drug plan best covers one’s future needs, whether to go with so-called Medicare Advantage, and if so, which one, and if not, whether to buy a supplemental plan and if so, which one.
It is important to recognize that there is a thread of a concern that vaguely connects the “socialized medicine” charge and the accusation that current beneficiaries will be hurt. Today, Medicare and Social Security are accurately recognized as earned benefits. To qualify for those benefits, a worker has to have worked and contributed for long enough to be insured, in the case of Social Security and Medicare’s Part A hospital insurance. Workers contribute to the cost of those benefits throughout their working lives, underscoring their earned-benefit nature. Supporters of Improved Medicare for All can and must deal with the sense of current beneficiaries that they earned their Medicare, while it will just be “given” to everyone else, when it is expanded.
The reality is that unlike retirement income, which replaces earned wages, everyone needs health care. The nation has some means-tested programs, like Temporary Assistance for Needy Families, which are designed to alleviate poverty, some earned-benefit programs, like Social Security, which are designed to replace earnings, and some universal benefits, like public parks, freeways, and the police, which are designed to safeguard and improve the lives of all of us.
As much as the American image is one of individualism, virtually all Americans recognize the importance of some communal activities. While Americans differ about whether there should be a military draft, virtually everyone accepts the need for a military paid for collectively. Similarly, public libraries, local fire departments, and public roads and bridges are all seen as public goods appropriately paid for with tax dollars and available to all of us.
With health insurance so tied to employment, it often has to be earned – but it shouldn’t. Having guaranteed high-quality health insurance with no out-ot-pocket costs as a benefit to all Americans is what it means for it to be a right, not a privilege.
It is important to be especially aware of how this subtle attack on national health insurance paid through taxes is perceived not just by Medicare beneficiaries but also by union members. Many unionized workers have been successful in negotiating for excellent health insurance. To obtain the plans, the workers generally had to trade away higher cash compensation. Consequently, it is not surprising that they are reluctant to give them up.
The message to the workers is that, as excellent as their current plans may be, the new coverage will be even better. Union members should be assured, and the Improved Medicare for All legislation should require, that their employers continue to pay what they have been paying in total compensation. Instead of paying that compensation in the form of health care premiums to health insurance corporations, though, the payments will now be in the form of increased current compensation and non-health care benefits.
A related fear tactic to the claim that current Medicare beneficiaries, union members, and others will be worse off is for opponents to tell you that you will lose your current health insurance. The implication is that either it won’t be replaced or the replacement will leave you worse off. It is effective not because people so love their current health insurance, but because the fear of losing even the inadequate coverage you may now have is literally a matter of life and death. It is a classic deployment of people’s aversion to loss. It is another tactic aimed at division.
As a related matter, opponents seek to play on the fear of loss by emphasizing that people will lose choice. Importantly, the choice that people will lose is trivial – to which insurance company their hard-earned money goes.
Most Americans will gain choice in what matters: who their health providers will be. Indeed, Improved Medicare for All will improve people’s ability to get the care they want from the doctors and hospitals they want anywhere in the country and ensure continuity of care.
Another way that opponents have sought to turn people away from Improved Medicare for All is with a sleight of hand. They emphasize that federal expenses will increase resulting in increased taxes or borrowing. Indeed, this same sleight of hand is used to convince too many Americans that today’s Medicare is unaffordable. By focusing on the money going into the government’s coffers and out to providers, opponents seek to convince Americans that Improved Medicare for All will produce “big government,” which is somehow scary and negative.
The truth is that in the modern world, no one is truly opposed to “big” government; it is just that progressives and conservatives have different views of what a big, powerful, modern government should do. Conservatives want a big government military and a big brother government, limiting what women can do with their own bodies, what schools can teach, what museums can display, what kind of gender-affirming care parents, doctors, and children can utilize, how immigrants should be treated, and so on. Progressives want all of us, collectively through government, to ensure every American has economic security in the form of expanded Social Security, health care as a matter of right, a living wage, and more.
If the nation once again has a truly progressive tax system, we can have much greater economic security for everyone. If multimillionaires, billionaires, and multinational corporations were simply required to pay their fair share and the revenue raised dedicated to Improved Medicare for All, that would be sufficient to cover the costs. Even if some revenue were to come from working families, though, their out-of-pocket costs would be considerably lower than today. It is just that the payments would go to the federal government, rather than UnitedHealthcare and other private health insurance companies.
At base, the issue isn’t big government versus small government or increased taxes. It is one of values. That is what supporters should emphasize. Not only will Improved Medicare for All cost less, the money will be spent more productively. Instead of wasteful time spent on the phone appealing denials and seeking pre-authorizations, most of the monies will be spent on paying doctors, hospitals, and other providers.
Another fear tactic is to selectively point to other countries and claim that the quality of care will decrease, at least for the very wealthy, and people will have to wait for inordinately long periods of time for basic care. Importantly, both parts of that framing are untrue. They are both well-cultivated myths. As many people know, the United States is worse than its counterparts in terms of health care outcomes and affordability of care. What is generally not known is that it measures around average or worse in terms of timeliness of care.
The truth is that wait times to see a primary care doctor or a specialist vary among countries that have mandatory, universal health care plans, as do wait times for urgent and non-urgent surgery. Some are longer wait times than patients experience in the United States and some are shorter. Indeed, doctors in other countries are much better at providing care after hours and even make house calls!
What is of legitimate concern are the people who will lose their jobs as our health care system becomes more efficient. That is an issue that proponents of Improved Medicare for All must address. Indeed, proponents not only recognize this responsibility; they include, in their Improved Medicare for All proposals, ways to address it.
Every single job loss is generally a destabilizing event for working families. it is essential that the workers who are displaced are properly treated. Systematic, planned, and consistent outreach should be made to those workers.
One way to alleviate the many fears and concerns that Roosevelt’s “tyrants” are sure to exploit is through an incremental approach, so that Americans will see that they are no worse off, and, in fact, are better off, when Medicare is improved and expanded. Ideally, the incremental steps should combine expansion to additional groups with improvements for current beneficiaries. In that way, current beneficiaries will see clearly the advantage to them. As more Americans receive the benefit, along with an active campaign to assure people additional expansions will leave them better off, not worse off, this natural fear of change should dissipate, and support for expansion increase, like a snowball rolling down a snowy hill.
As long as the final destination remains in mind and is continually invoked, steps that are truly along the way help, but supporters must be wary of disguised alternatives and incremental steps that will hurt the effort. Numerous polls reveal that Medicare for All is an extremely popular idea. Unfortunately, those who oppose the idea of Improved Medicare for All or simply don’t completely understand its striking advantages, have put forward proposals that are decidedly not Improved Medicare for All and, indeed, would not lead us to our desired destination.
The far right is not the only source of these similar-sounding alternatives. Some Democrats have advanced these confusing alternatives. They do so, while seeking to persuade supporters that Improved Medicare for All is not practical, not politically realistic. The assertion that Improved Medicare for All is somehow not able to be enacted may be simply a misguided perception, or it may be a product of the work of the monied interests. In either event, it is destructive and must be taken seriously.
At base, advocates must be wary of steps that appear to point in the right direction, but carry significant risks of derailing the effort. Anything short of a universal, mandated Improved Medicare for All has to be clearly understood as simply a stop along the way, not the final destination. That final destination cannot have an opt in or an opt out, nor include a competing commercial alternative. Just as Social Security is and indeed must be mandatory and virtually universal to work so well, Improved Medicare for All must be, also.
An important lesson from history is that even when victory is achieved, particularly if the victory is incremental, the fight continues. It should be celebrated. It should not be seen, though, that the fight is over. The enactments of Social Security and Medicare were hard fought. Once they were well established and popular, the monied interests sought to prevent their expansion and undermine them from within. Indeed, there are many who today seek to undermine public education with vouchers and charter schools, illustrating that these fights never end.