Labour market continues to show strength in the face of elevated interest rates
Policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years
Governing council said holding rates steady was the right decision for now, but worried about misinterpretation
Upbeat tone contrasts with fears that China’s economic concerns could dent global and regional growth
Consumer prices index moderated to 6.7% in the year August, down from 6.8% in July
The increase makes the central bank's next rate decision tougher
Another rate hike this year will likely remain on the table, and Fed officials may project fewer cuts for next year
Economists say recent slack in the economy will convince the BoC to remain on the sidelines
Decision raises benchmark deposit rate to 4%, highest since the euro was established in 1999
Growth is expected to stay tepid