The European Central Bank cited the Iran war in its inflation outlook, while the Fed continued to use CPI data for rate policy, noting Nvidia's major weight in US indexes.
3 reports, 1 independent
Updated Sep 20
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What happened
The European Central Bank cited the Iran war in its inflation outlook, while the Fed continued to use CPI data for rate policy, noting Nvidia's major weight in US indexes.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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European Central Bank
central bank of the European Union and the eurozone
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Nvidia
American multinational technology company
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FED
business
Related events
- The Fed Chair reported to Congress regarding policy amid inflation driven by the Iran war.
- Central banks, including the ECB, FED, Bank of Japan, and Bank of England, are holding rate meetings and addressing inflation in response to the Iran war.
- Iran war energy shocks are driving inflation, impacting China and prompting commentary on FED policy.
- Rate cut expectations have shifted to rate increases due to the ongoing war in Iran, which has spiked inflation and commodity prices.
- ECB and FED are reacting to inflation risks, with Lagarde speaking on eurozone growth and Bank of America estimating core PCE for the Fed.