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What happened. The IMF's October 2026 World Economic Outlook projected world growth of 3.1% in 2026, down from 3.5% in 2025, citing a war-induced energy supply shock, and raised India's 2026…
Read moreWhat happened. On 16 September 2026 the Federal Open Market Committee unanimously raised the target range by 25 basis points to 3.75-4.00%, with Chair Warsh saying inflation had been too hig…
Read moreWhat happened. On 29 July 2026 the Federal Open Market Committee voted 9-3 to keep the target range at 3.50-3.75%; Beth Hammack, Neel Kashkari and Lorie Logan dissented in favour of a quarte…
Read moreWhat happened. On 23 July 2026 the European Central Bank kept its deposit facility rate at 2.25%, with euro-area inflation having eased to 2.8% in June from 3.2% in May, while keeping a seco…
Read moreWhat happened. On 17 June 2026 the Federal Reserve left the target range at 3.50-3.75% at its first meeting under Chair Kevin Warsh; the median projection for the end-2026 policy rate rose t…
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