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The European Central Bank will pause a more than year-long rate-hiking campaign in September, according to a narrow majority of economists polled by Reuters, but a further rise by year-end is still on the cards with inflation running hot. There have been nine consecutive ECB rate rises since July 2022. Faced with slowing activity - particularly in the 20-member bloc's No.1 economy Germany - Lagarde also said incoming data would be crucial for future decisions, and either a hike or pause in September was a "decisive maybe".

The European Central Bank will pause a more than year-long rate-hiking campaign in September, according to a narrow majority of economists polled by Reuters, but a further rise by year-end is still on... -August 10, 2023 at 10:05 pm- MarketScreener

The U.S. Federal Reserve will raise its benchmark overnight interest rate by 25 basis points to the 5.25%-5.50% range on July 26, according to all 106 economists polled by Reuters, with a majority still saying that will be the last increase of the current tightening cycle. A resilient economy and historically low unemployment well over a year since the Fed began one of its most aggressive rate hiking campaigns in history has repeatedly confounded analysts and investors. Inflation is falling, with the headline consumer price index (CPI) measure slowing to 3.0% in June from 4.0% in May. That l...

By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) - The U.S. Federal Reserve will raise its benchmark overnight interest rate by 25 basis points ...

By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) - The U.S. Federal Reserve will raise its benchmark overnight interest rate by 25 basis points ...