• DevelopingMagnitude 7 earthquake reported in China; GDACS estimates 10,000 in MMI VII+ area — 2 sources
  • New storyCrash on Dixie Highway in Crestview Hills closes I-275 exit ramp
  • DevelopingNWS warns of severe thunderstorm with 60 mph gusts, large hail in parts of Arizona — 3 sources
  • DevelopingNWS warns of severe thunderstorm with 60 mph gusts, large hail in parts of Arizona — 2 sources
  • DevelopingMagnitude 7 earthquake reported in China; GDACS estimates 10,000 in MMI VII+ area — 1 source
  • New storyNWS warns of severe thunderstorm with 60 mph gusts, large hail in parts of Arizona
  • RenderingHurricane Utah flooding forces Gould Wash and WillowWind evacuations
  • New storyOne dead after crash into tree on Carl Baker Road in Starr, coroner says
  • New storyNWS warns of flash flooding in Fresno area through 6:15 p.m. PDT
  • New storyNWS warns of severe thunderstorm near Solomon with 60 mph gusts and quarter-size hail

Continuing story · 1 report

The ECB's September rate decision

First aired Latest aired

Gone quiet since

Where it stands

The ECB held interest rates at 2.25% and signaled a possible September hike as energy prices pushed inflation above target. Lagarde ordered oil and gas stress tests ahead of the decision; whether rates will rise, and the effects on borrowers and consumers, remain open.

Explore with HeyDex

Story trackerDay 1

1 report11 outlets11 sources1 video

  • No dated events yet
    1. Update 1ECB Holds Rates at 2.25%, but Lagarde's September Hike Warning Sends a Clear Signal

    The story so far

    1. Update 1

      ECB Holds Rates at 2.25%, but Lagarde's September Hike Warning Sends a Clear Signal

      Oil has pushed back to $100 a barrel and a renewed Middle East conflict is keeping energy inflation hot. The ECB paused Thursday, but staff scenarios and a "stay on the ship" moment point to a decision in two months.

      Still open after this report

      • The specific inflation range in the ECB's adverse staff scenario.
      • The precise incidents behind the latest oil price spike.
      • Whether the Governing Council will move by 25 basis points or hold again in September.

    History

    1. Opened1 report

    Who's involved

    People

    • Christine LagardePresident of the European Central Bank1 report

    Places

    • Frankfurt am MainFrankfurt am Main, Germany1 report
    • Red SeaRed Sea1 report
    • Strait of HormuzStrait of Hormuz1 report

    Every outlet we read on this story

    11 sources11 outlets1 video1 wire copy