OECD: Expects the Federal Reserve to raise interest rates one more time this year.

September 23: OECD: Expects the Federal Reserve and the European Central Bank to raise rates once more this year, then keep rates steady through 2027. Expects the Bank of Japan to raise its key interest rate to 2% by the end of 2027. Expects the Bank of England to keep rates unchanged for most of 2027, with the next policy move likely being a rate cut.