Governing Council cites a weaker economy and less upside risk to inflation as it cuts policy rate by 25 basis points
Bank of England seen as likely to keep rates steady
Economists expect a measured approach, but weak jobs data could push the Fed to act faster
Inflationary pressure, weak labour market complicate decision
Economists expect inflation to come in at 2% for August, up from 1.7%
The country's key rate has risen as high as 21% to lower inflation
Counter-tariffs boost income, but spending widens deficit
Core prices climb while consumer spending shows resilience
Central bank to weigh best indicators for core inflation amid supply shocks, new economic trends
Fed chair has signalled central bank will resist political pressure as it weighs slowdown, inflation