World Bank cuts 2026 Global GDP growth forecast to 2.5% (prev. 2.6%), China to 4.2% (prev. 4.4%), US to 2.2% (unchanged)

ECB President Lagarde (Q&A) notes statement says with today's hike, ECB is well-prepared to navigate the uncertainty ahead

ECB President Lagarde (Q&A) says ECB looks at market-based, survey-based and consumer-based expectations; policymakers try to understand where they stand in the short-term and in the medium-term

World Bank cuts 2026 Global GDP growth forecast to 2.5% (prev. 2.6%), China to 4.2% (prev. 4.4%), US to 2.2% (unchanged)

ECB President Lagarde (Q&A) says the main risk today would be to not take this sort of decision; the good decision was to raise rates, to commit and deliver on price stability

FISA seems headed for lapse on the Hill House, CNN reports; will vote this morning, then leave town and members aren't being told to stay near DC before tomorrow deadline. Dems showing no signs of reversing unless Pulte is out