The Fed Faces Its Second Meeting with Warsh Amid Pressure to Raise Rates
The Fed meets with Warsh at the helm. Investors expect rates to remain unchanged, but a third foresee a hike due to inflation.
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The ECB warns that increased defence spending could raise inflation and delay interest rate cuts in the eurozone.
The Fed meets with Warsh at the helm. Investors expect rates to remain unchanged, but a third foresee a hike due to inflation.
The ECB maintains interest rates but leaves open the possibility of a hike in September if energy inflation and economic data demand it.
The ECB expects eurozone inflation to stabilise at 2% by 2026, according to chief economist Philip R. Lane.
Gold drops 0.2% to $4,037 per ounce due to expensive oil and fears of a Fed rate hike in September.
The Fed will keep rates at 3.50%-3.75% due to persistent inflation and solid employment, according to analyst consensus.
ECB maintains interest rates at 2.25% due to energy volatility and geopolitical uncertainty, without committing to a future path.
ECB maintains rates at 4% and warns inflation will remain high until 2027 due to the Middle East conflict. President Lagarde stresses caution.
The Bank of Korea raises rates to 2.75% for the first time since 2023, driven by the boom in AI chips and stronger-than-expected economic growth.
Kevin Warsh, Fed chair, avoids signals on interest rates and dismisses AI investment as a source of persistent inflation during Senate testimony.
Fed Governor Christopher Waller warns that a new high in core inflation would force a short-term rate hike.
Inflation in Colombia reaches 6.14% in June 2026, the highest level since July 2024. The Central Bank raises rates to 12%.