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US Economy · United StatesU.S. consumer prices rose more than expected in August and the annual increase in inflation was the largest in seven months, but the data is not expected to prevent a much-anticipated interest rate cut from the Federal Reserve next week against the backdrop of labor market weakness.See the Story
US inflation increased more than expected to 2.9% in August
68% Center coverage: 121 sources
European Central Bank · FrankfurtThe European Central Bank held interest rates steady on Thursday as economic uncertainty persists in the wake of U.S. Donald Trump’s aggressive tariff agenda. Ahead of the decision, markets had been pricing in an around 99% chance of the ECB’s key deposit facility rate being left at 2% for the second consecutive time. The central bank last cut rates in June, bringing rates further down from last year’s record high of 4%.
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European Central Bank leaves rates unchanged as tariff fallout lingers
39% Center coverage: 57 sources
