Euro
ECB account of September: unanimous hike to 2.50%, energy shock lasting longer
The account published on 8 October shows all members backed Lane's 25 bp proposal, all saw upside inflation risks, and markets had priced 84 bp of hikes by end-2027.
Rate Brief — Currencies and central banks, read from the decision itself
The FOMC raised by a quarter point to 3.75–4 percent on a 12–0 vote
The statement of 16 September puts the federal funds target range a quarter point higher, describes activity as expanding at a solid pace, and keeps the ample-reserves framework unchanged.
The ECB explains why this energy shock reached bills differently
An Economic Bulletin box argues the 2026 energy shock is smaller than 2021-22, that renewables weakened the link from gas to power prices, and that retail pass-through itself has changed.
The Bank of England borrows to fund its own currency reserves
A market notice on 21 September runs under the framework set a year ago: two benchmark issues a year, professionals only, and reserves that are the Bank's own rather than the Treasury's.