The 81st UN General Assembly general debate concluded in New York on Sept. 28 after running Sept. 22–28. A total of 194 delegations spoke. The assembly's next major agenda item is appointing a new UN secretary-general.

Fed Governor Cook: So far, evidence that AI is changing the structure of the labor market is limited.

ANZ expects the Reserve Bank of Australia to deliver 25bps hikes in both September and November, with the September move lifting the cash rate to 4.60%. September would be the fourth 25bps increase this year and take rates to around a 15-year high; ANZ expects a further 25bps in November that would push rates to levels not seen since 2008. The call is driven by stubborn inflation from domestic demand outstripping supply and a recent U.S.-Iran conflict-driven spike in oil and gas prices that has fed through into other sectors. ANZ says the RBA is likelier to treat the oil-price rise as an inflation shock rather than a growth shock, increasing the odds of two hikes rather than one.