European Central Bank (ECB) Governing Council member and Bank of France President, François Villeroy de Galhau, commented on the interest rate outlook on Wednesday.
The United Kingdom (UK) Office for National Statistics (ONS) will release August Consumer Price Index (CPI) figures on Wednesday.
Israel said on Tuesday that halting Hezbollah’s attacks in the country’s north to allow thousands of residents to go back to their homes is now an official war goal, as it considers a wider military operation in Lebanon that could ignite an all-out conflict, according to the AP News.
Bank of Canada (BoC) Senior Deputy Governor Carolyn Rogers said on Wednesday that she still sees work to do on inflation, but the core Consumer Price Index (CPI) measures should decrease.
European Central Bank (ECB) Governing Council member François Villeroy de Galhau said on Wednesday that the French goal to cut the deficit to 3% of GDP by 2027 is not realistic.
The Greenback managed to recoup part of the ground lost in recent days on the back of firmer results from US data releases, which helped quash somewhat concerns over a significant slowdown of the US economy, all prior to the Fed’s interest rate decision on Wednesday.
Industrial Production in the US rose 0.8% on a monthly basis in August, the Federal Reserve (Fed) reported on Tuesday.