USA Fiscal 2026 Year-To-Date Deficit $697 Billion Versus Comparable Fiscal 2025 Deficit $840 Billion

USA Jan Net Customs Receipts $27.7 Billion

USA Jan Budget Outlays $655 Billion Versus$642 Billion In Jan 2025, Receipts $560 Billion Versus$513 Billion In Jan 2025

The US Government Budget In January Was -$94.615 Billion, Compared To An Expected -$94.4 Billion And A Previous Value Of -$144.7 Billion

[British Chancellor Of The Exchequer Criticizes "Make In Europe" Initiative, Urges EU Against Building Trade Barriers] British Chancellor Of The Exchequer Rachel Reeves Urged Her EU Counterparts To Expand The "Make In Europe" Concept To Other Like-minded Countries. Speaking At An Event At The London School Of Economics (LSE) On February 11, Reeves Warned The EU Against Erecting Barriers To Countries With Similar Interests, Calling For "broader Cooperation Among Countries With Shared Values." She Expressed Concern That The EU's Protectionist Policies Could Exclude British Companies From Key Industry Supply Chains And Suggested Establishing A "larger Club Of Like-minded Countries."

Members Said Uncertainty Over The Pace And Scale Of Structural Adjustment Made Growth, Potential Output, Economic Slack Difficult To Assess

Members Agreed That They Would Need To Maintain Optionality In Setting Monetary Policy, Says The Summary Of Deliberations

Ahead Of Bank Of Canada's Jan 28 Rate Decision, Governing Council Members Agreed Policy Interest Rate Was On The Stimulative Side