Fed Rate Decision: The Federal Reserve raised rates 25 bps to 3.75%–4.00% in its first hike in three years, citing still-elevated inflation and resilient spending, while Trump again pushed for rates near 1%. US Consumer Demand: Retail sales rebounded 1.2% in August, excluding gas up 1.1%, suggesting the economy can absorb higher borrowing costs even as confidence softens. Australia Inflation Fight: The IMF urged Australia’s RBA to stay ready to hike further, warning energy-price risks and weak productivity could keep inflation sticky. Russia Sanctions & Tariffs: The US House passed the Lindsey Graham-named Russia sanctions bill, sending it to Trump; it targets Russian officials and energy flows and grants tariff authority up to 100% for major Russian oil and gas buyers. Housing & Local Growth: Boston Mayor Michelle Wu tied economic momentum to more housing, while Santa Barbara backed California housing propositions ahead of the general election. Digital Economy & Inclusion: Nigeria highlighted expanding digital identity as a foundation for Africa’s digital economy, and the CBN said financial inclusion must improve real household outcomes, especially for women and rural communities. AI Economy Pressure: Multiple reports warn women are being pushed out of the AI economy and that AI slowdowns could hit growth. Energy Costs: Korea’s fuel-price caps are getting harder to sustain as crude rises, raising the risk of renewed cost pressure. Business Deals: Generac agreed to supply Amazon with up to $8B in backup generators for data centers.