Inflation Data and ECB Meetings Set to Steer Global Markets
Global markets are bracing for a crucial week ahead, with key economic indicators and central bank meetings set to shape investor sentiment.
The U.S. inflation data, particularly the consumer price index on Friday, is expected to play a pivotal role in determining whether the Federal Reserve raises interest rates at its September 15-16 meeting.
The European Central Bank's (ECB) policy meeting on Thursday is also highly anticipated, with markets pricing in another rate increase by December and one more next year. ECB President Christine Lagarde's comments will be closely watched for clues about the central bank's future rate path.