Bank of England holds rates at 3.75% as energy shock divides policymakers
The Bank of England held rates at 3.75% in a divided 6–3 vote, highlighting disagreement over whether higher energy costs could create lasting wage and price pressures.
Interest Rates
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ECB Holds Euro-Area Rates on July 23 as Middle East Energy Shock Threatens to Prolong Inflation
The European Central Bank kept all three key euro-area interest rates unchanged on July 23, 2026, while warning that volatile energy prices linked to the Middle East conflict could continue to fuel inflation.
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U.S. Payrolls Fall by 23,000, Complicating Fed Rate Debate
U.S. nonfarm payroll employment fell by 23,000 in July, while a scheduled inflation report became more important to the Federal Reserve’s policy outlook.
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Fed holds rates steady as officials split over persistent inflation
The Federal Reserve kept its federal funds target at 3.50% to 3.75% after its July meeting, while three officials favored higher rates and inflation remained above the Fed’s 2% target.
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Fed Holds Interest Rates Steady as Inflation and Energy Costs Remain Elevated
The Federal Reserve kept its federal-funds target range at 3.50% to 3.75% after its July meeting, as inflation and energy prices remained high.
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Federal Reserve Says U.S. Inflation Rose to 4.1% Over the Year Through May
The Federal Reserve’s July 2026 Monetary Policy Report said headline PCE inflation accelerated to 4.1% through May, while core inflation reached 3.4% and energy prices rose 24%.
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Weak July Jobs Report Complicates the Federal Reserve’s Path on Interest Rates
U.S. employers cut 23,000 jobs in July, while earlier payroll gains were revised down by 103,000. The Federal Reserve is still awaiting July inflation data.
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July Jobs Report Shows Employers Cut 23,000 Jobs, Complicating Fed’s Inflation Fight
Employers cut 23,000 jobs in July, a weaker-than-expected result that eased expectations of near-term rate increases even as inflation remains above the Federal Reserve’s target.
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U.S. Employers Cut 23,000 Jobs in July, Raising Pressure on the Federal Reserve
U.S. employers unexpectedly shed 23,000 jobs in July, a sharp deterioration that weakened the labor-market outlook and increased expectations that the Federal Reserve could wait before raising interest rates further.
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Fed report puts May inflation at 4.1% as tariffs and energy disruption weigh
The Federal Reserve said U.S. inflation accelerated sharply through May, with energy prices up 24% and overall PCE inflation well above the central bank’s 2% objective.
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Federal Reserve report shows inflation remains well above its 2% goal
The Federal Reserve’s July 2026 report to Congress said headline PCE inflation reached 4.1% through May, while energy prices rose 24% over the same period.
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Weak July Jobs Report Complicates Federal Reserve’s Inflation Fight
U.S. employers cut 23,000 jobs in July, adding pressure for caution on interest rates while inflation remains elevated ahead of the next CPI report.
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U.S. employers cut 23,000 jobs in July as labor-force participation fell
A new federal employment report showed an unexpected July job decline and the lowest labor-force participation rate since February 2021, adding pressure to the Federal Reserve’s policy outlook.
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U.S. Economy Grew at a Sluggish 1.5% Annual Rate in the Second Quarter
The U.S. economy expanded at a 1.5% annual rate in the second quarter as elevated inflation, fuel prices and borrowing costs continued to pressure households and businesses.
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U.S. Employers Cut 23,000 Jobs in July, Raising New Labor-Market Concerns
U.S. employers unexpectedly cut 23,000 jobs in July, sending stocks higher and Treasury yields lower as investors reassessed the Federal Reserve’s rate outlook.
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U.S. Payrolls Fell by 23,000 in July, Signaling a Stall in the Labor Market
A new federal employment report showed an unexpected decline in U.S. nonfarm payrolls in July, complicating the Federal Reserve’s choices as inflation remains elevated.
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U.S. employers unexpectedly cut 23,000 jobs in July as labor-market momentum weakens
U.S. payrolls fell by 23,000 in July, while revisions erased 103,000 jobs from earlier reports and complicated the Federal Reserve’s rate outlook.
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Fed says tariffs, energy costs and AI investment pushed U.S. inflation higher
The Federal Reserve’s July report to Congress said inflation rose notably in recent months, while the economy continued to expand and the labor market remained broadly stable.
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Russia’s Bank of Russia Publishes Rate Discussion After Cutting Key Rate to 14%
The Bank of Russia’s Aug. 5 policy materials follow its July 24 decision to cut the key rate by 25 basis points to 14%, while the central bank continues to flag inflation expectations, wage growth and geopolitical pressures.
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Russia’s Central Bank Slows Rate Cuts as Inflation Risks Persist
Russia’s central bank cut its key rate to 14%, but higher fuel costs, inflation expectations and weaker growth are keeping borrowing conditions tight.
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BOJ minutes show why inflation, yen and energy costs complicate rates
Bank of Japan minutes show a tightening bias, but energy costs, yen weakness and Middle East risks leave the timing of the next rate move uncertain.
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ECB holds rates as energy shock clouds Europe’s inflation outlook
The ECB held rates on July 23 as June inflation eased, but volatile energy prices could still affect borrowing costs and the next policy decision.