Central Bank of Egypt raises lending rate by 100bps to 21% from 20%.

ECB stands ready at any time to adjust all instruments within its mandate to ensure inf stabilises at the 2% target over the medium term and to preserve smooth monetary policy transmission.

Fed Chair Kevin Warsh said recent Fed discussions have been “mainly focused on price stability within our remit.” He described progress toward the Fed’s full-employment goal as “quite positive,” noting the unemployment rate is down year-on-year and the four-week average of initial jobless claims is at generational lows. Warsh said economic growth has strengthened, with 1H GDP revised up from 1.8% to 2.4% and Q3 appearing to run faster.