The increase makes the central bank's next rate decision tougher
Another rate hike this year will likely remain on the table, and Fed officials may project fewer cuts for next year
European regulators say financial institutions should make "extra efforts" to ensure investors are aware of how inflation affects real returns
Economists say recent slack in the economy will convince the BoC to remain on the sidelines
Persistent core inflation remains the key risk to rates, economy
Decision raises benchmark deposit rate to 4%, highest since the euro was established in 1999
Governing board reaches full strength with Biden appointees
Weakness in China, tighter financial conditions weighing on outlook
Moody's boosts 2023 outlook, sees slowing in 2024
Overall economic trends point to a slowdown