Fed's Collins (2028 voter) reiterates she supported last week's rate hike; now see an increased likelihoood of future scenarios in which inflation remains notably above 2%

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US President Trump says he wants to settle the Russia-Ukraine war; adds that Russian President Putin should end the conflict

European Market Wrap - 22nd September 2026

Fed's Collins (2028 voter) reiterates she supported last week's rate hike; now see an increased likelihoood of future scenarios in which inflation remains notably above 2%

Libya’s National Oil Corporation says the shutdown of the Sharara-Zawiya crude pipeline has cut production by around 130k BPD and warns losses will rise if the shutdown persists

Rusal is said to be seeking buyers for its assets in Jamaica and Guyana, reports suggest

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  • While the upside risks to inflation have increased, labour market conditions appear a bit stronger overall.
  • With labour market on a better footing, monetary policy can focus on a timely return to price stability, especially after five and a half years of inflation being too high.
  • Somewhat restrictive FFR will help ensure inflation durably returns to target.

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