Monetary Policy

Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation

Economic Indicators

Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation

Policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years

By Christopher Rugaber, The Associated Press |September 20, 2023

5 min read

Bank of Canada watching its words to avoid rate cut speculation, summary reveals

Economic Indicators

Bank of Canada watching its words to avoid rate cut speculation, summary reveals

Governing council said holding rates steady was the right decision for now, but worried about misinterpretation

By Nojoud Al Mallees, The Canadian Press |September 20, 2023

2 min read

Chinese officials express faith in economy, keep interest rates steady

Economic Indicators

Chinese officials express faith in economy, keep interest rates steady

Upbeat tone contrasts with fears that China’s economic concerns could dent global and regional growth

By Elaine Kurtenbach |September 20, 2023

4 min read

U.K. inflation dips in August, though Bank of England still set to raise rates

Economic Indicators

U.K. inflation dips in August, though Bank of England still set to raise rates

Consumer prices index moderated to 6.7% in the year August, down from 6.8% in July

By Pan Pylas, The Associated Press |September 20, 2023

2 min read