In September, Canada’s annual Consumer Price Index (CPI) showed a decline in inflation from 4% in August to 3.8%. The Bank of Canada’s upcoming rate decision will be crucial, as it previously held the benchmark rate at 5% in September but indicated potential further hikes if inflation pressures continue. Thursday, 26 October, 15:15 – ECB Interest Rate Decision (Oct): Despite the ECB’s recent record-high key interest rate increase to 4.0%, there are concerns about an economic slowdown, and the possibility of a recession. Some ECB council members believe that current borrowing costs are sufficiently high, indicating no ... (full story)