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Kimi API now natively supports Codex and Claude Code
Discover Beating AI breaking news: Moonshot announced that, to meet users’ needs to integrate the Kimi API into Codex and Claude Code, Kimi API now supports OpenAI’s Responses API format; it also supports Anthropic’s Messages API format. Users of Codex or Claude Code do not need to convert formats or use a local proxy—they can directly connect to models such as kimi-k3, kimi-k2.7-code-highspeed, kimi-k2.7-code, and kimi-k2.6 via a custom model provider. (Jin10)
Discover Beating AI breaking news: Moonshot announced that, to meet users’ needs to integrate the Kimi API into Codex and Claude Code, Kimi API now supports OpenAI’s Responses API format; it also supports Anthropic’s Messages API format. Users of Codex or Claude Code do not need to convert formats or use a local proxy—they can directly connect to models such as kimi-k3, kimi-k2.7-code-highspeed, kimi-k2.7-code, and kimi-k2.6 via a custom model provider. (Jin10)
FTSE China A50 Index includes SMIC and Shengyi Technology
On September 2, FTSE Russell announced changes to the review of the FTSE China index series. The FTSE China A50 Index will include SMIC and Shengyi Technology, and will remove Muyuan Foods and Wanhua Chemical. The above changes will take effect after the close of trading on September 18. (Jinshi)
On September 2, FTSE Russell announced changes to the review of the FTSE China index series. The FTSE China A50 Index will include SMIC and Shengyi Technology, and will remove Muyuan Foods and Wanhua Chemical. The above changes will take effect after the close of trading on September 18. (Jinshi)
Strategy CEO: Doesn’t Make Decisions Based on Bitcoin Prices; Net Debt Has Dropped to Zero
On September 2, Strategy CEO Phong Le said in an interview with Bloomberg that, "We don’t make decisions based on the specific price of Bitcoin. So what have we done? Over the past two months, although we didn’t buy any Bitcoin, we strengthened our balance sheet. Currently, Strategy has $72 billion in assets, including $65 billion worth of Bitcoin and $7 billion in U.S. dollar reserves, which have increased by 34% over the past two months. At the same time, Strategy also reduced net debt from roughly $7 billion previously to zero. Therefore, by strengthening our balance sheet, we have effectively increased the value of our equity, which makes it more profitable to sell MSTR and buy Bitcoin. This is what has changed over the past few months. Now, this gives us a balance sheet with a 'bulletproof' quality—a 'fortress' style balance sheet." Previously, Strategy boosted its Bitcoin holdings again last week after a two-month pause.
On September 2, Strategy CEO Phong Le said in an interview with Bloomberg that, "We don’t make decisions based on the specific price of Bitcoin. So what have we done? Over the past two months, although we didn’t buy any Bitcoin, we strengthened our balance sheet. Currently, Strategy has $72 billion in assets, including $65 billion worth of Bitcoin and $7 billion in U.S. dollar reserves, which have increased by 34% over the past two months. At the same time, Strategy also reduced net debt from roughly $7 billion previously to zero. Therefore, by strengthening our balance sheet, we have effectively increased the value of our equity, which makes it more profitable to sell MSTR and buy Bitcoin. This is what has changed over the past few months. Now, this gives us a balance sheet with a 'bulletproof' quality—a 'fortress' style balance sheet." Previously, Strategy boosted its Bitcoin holdings again last week after a two-month pause.
Alibaba Cloud’s enterprise-grade Agent collaboration platform “Wan You Wu Jie” launches public beta
On September 2, Alibaba Cloud’s enterprise-level human-and-Agent collaboration platform “Wan You Wu Jie” officially launched its public beta. “Wan You Wu Jie” is a multi-role Agent collaboration workspace. Unlike approaches where a single AI Agent takes on everything, it breaks down a complex task into multiple Agents with different responsibilities—organizing members and assets in “project spaces,” and enabling multiple Agents to carry the work forward in sequence around the same task through group chat. Outputs generated throughout the process are stored and accumulated in an asset library, becoming digital assets that enterprises can reuse.
On September 2, Alibaba Cloud’s enterprise-level human-and-Agent collaboration platform “Wan You Wu Jie” officially launched its public beta. “Wan You Wu Jie” is a multi-role Agent collaboration workspace. Unlike approaches where a single AI Agent takes on everything, it breaks down a complex task into multiple Agents with different responsibilities—organizing members and assets in “project spaces,” and enabling multiple Agents to carry the work forward in sequence around the same task through group chat. Outputs generated throughout the process are stored and accumulated in an asset library, becoming digital assets that enterprises can reuse.
a16z leads investment in U.S. remittance startup Felix Pago with $200M Series C funding, focusing on stablecoin remittances and financial services
On September 2, Felix Pago, a fintech startup providing cross-border remittance services for Latin American immigrants, completed a $200 million Series C round. a16z led the equity financing with $87 million, and the Customer Value Fund under General Catalyst provided a $113 million credit facility. Felix Pago mainly delivers remittance services from the United States to Latin America via WhatsApp, with its back end using USDC and blockchain-based settlement. The company plans to use the new funding to further expand beyond its core remittance business into financial services such as loans and savings.
On September 2, Felix Pago, a fintech startup providing cross-border remittance services for Latin American immigrants, completed a $200 million Series C round. a16z led the equity financing with $87 million, and the Customer Value Fund under General Catalyst provided a $113 million credit facility. Felix Pago mainly delivers remittance services from the United States to Latin America via WhatsApp, with its back end using USDC and blockchain-based settlement. The company plans to use the new funding to further expand beyond its core remittance business into financial services such as loans and savings.
Bank of Japan policy board member: 2026 marks a policy shift, rate hikes are becoming a global trend
On September 2, Takata Akira, a policy board member of the Bank of Japan, said that 2026 will mark a policy shift. Given that economic growth and investments related to artificial intelligence are driving rate hikes to become a global trend, different response measures are needed, requiring more flexible responses than the approach of once every six months used in the past. The Bank of Japan needs to consider a range of options, rather than just a 25-basis-point rate hike each time.
On September 2, Takata Akira, a policy board member of the Bank of Japan, said that 2026 will mark a policy shift. Given that economic growth and investments related to artificial intelligence are driving rate hikes to become a global trend, different response measures are needed, requiring more flexible responses than the approach of once every six months used in the past. The Bank of Japan needs to consider a range of options, rather than just a 25-basis-point rate hike each time.
Hong Kong stocks’ Hang Seng Index fell 0.96%, with optical communication shares slipping
On September 2, according to Bitget market data, today’s early trading saw the two major Hong Kong stock indexes open lower and then drift downward. By midday close, the Hang Seng Index fell 0.96% and the Hang Seng Tech Index fell 1.54%. Optical communication shares declined: Huahong Hongli (01347.HK) dropped more than 4%, and InnoLight (03308.HK) fell more than 3%.
On September 2, according to Bitget market data, today’s early trading saw the two major Hong Kong stock indexes open lower and then drift downward. By midday close, the Hang Seng Index fell 0.96% and the Hang Seng Tech Index fell 1.54%. Optical communication shares declined: Huahong Hongli (01347.HK) dropped more than 4%, and InnoLight (03308.HK) fell more than 3%.
Tencent Cloud: Partial Tencent Hunyuan Video Interfaces Offline and Service Adjustments
On September 2, Tencent Cloud released an announcement. To continuously provide higher-quality, more efficient, and more stable AI video generation services, the historical old-version special interfaces for Tencent Hunyuan Video will be phased out as scheduled. Currently, the TokenHub console has been launched. As a unified access and management platform for next-generation models, it offers end-to-end capabilities such as online model experiences, API invocation, and usage and cost management. After switching to TokenHub, you can manage all new-version models uniformly on the same platform, with more convenient API calls and more transparent usage and costs. Migration and operations and maintenance will also be more efficient.
On September 2, Tencent Cloud released an announcement. To continuously provide higher-quality, more efficient, and more stable AI video generation services, the historical old-version special interfaces for Tencent Hunyuan Video will be phased out as scheduled. Currently, the TokenHub console has been launched. As a unified access and management platform for next-generation models, it offers end-to-end capabilities such as online model experiences, API invocation, and usage and cost management. After switching to TokenHub, you can manage all new-version models uniformly on the same platform, with more convenient API calls and more transparent usage and costs. Migration and operations and maintenance will also be more efficient.
Meme Information Roundup: Heat still centered on Robinhood Chain; AI hits a fresh high and microduck jumps nearly 160%
On September 2, today’s Meme market activity continues to revolve around the Robinhood Chain. High-recognition tokens such as PONS, AI, and microduck remain characterized by high trading volume. Meanwhile, short-term hotspots also appear on both the BSC and Solana networks. On the Robinhood Chain, PONS continues to surge; the coin price briefly touched around $0.493, setting a new all-time high. Based on total supply, the market cap temporarily approached $493 million. The Meme coin price is currently quoted at about $0.44, with a market cap of about $441 million; the 24-hour gain is roughly 10.5%, and 24-hour trading volume is about $28.5 million. In addition, AI on the Robinhood Chain also maintains high demand, setting an all-time high of $322 million in the early hours today. The coin price is currently around $0.255, with a market cap around $253 million, and 24-hour trading volume of about $35.2 million. After a sharp spike, microduck enters high-level consolidation; the coin price is currently quoted at about $0.0283, with a market cap around $28.39 million, a 24-hour gain of 159%, and 24-hour trading volume of about $12.4 million. On the BSC network, the new token FLORK has drawn attention; its market cap briefly reached a peak of $13.37 million. The coin is currently quoted at about $0.00763, with a market cap around $7.63 million; the 24-hour gain is roughly 292.9%, and 24-hour trading volume is about $7.5 million. FLORK’s core narrative comes from the classic hand-drawn Flork meme/emote and comic-style character; with the recent rebound in BSC Meme trading activity, it has once again been packaged by the community as a high-recognition Meme token. On the Solana network, an OTC newcomer breaks out. During the day, its market cap briefly surged to around $7.6 million. The coin is currently quoted at about $0.00674, with a market cap around $4.91 million; the 24-hour gain is about 25.24%, and 24-hour trading volume is roughly $11.1 million. The OTC narrative centers on “Over-The-Counter.” The community has packaged it into a new Meme token on Solana that combines sentiments around trading platforms, over-the-counter trading, and StockFi/RWA.
On September 2, today’s Meme market activity continues to revolve around the Robinhood Chain. High-recognition tokens such as PONS, AI, and microduck remain characterized by high trading volume. Meanwhile, short-term hotspots also appear on both the BSC and Solana networks. On the Robinhood Chain, PONS continues to surge; the coin price briefly touched around $0.493, setting a new all-time high. Based on total supply, the market cap temporarily approached $493 million. The Meme coin price is currently quoted at about $0.44, with a market cap of about $441 million; the 24-hour gain is roughly 10.5%, and 24-hour trading volume is about $28.5 million. In addition, AI on the Robinhood Chain also maintains high demand, setting an all-time high of $322 million in the early hours today. The coin price is currently around $0.255, with a market cap around $253 million, and 24-hour trading volume of about $35.2 million. After a sharp spike, microduck enters high-level consolidation; the coin price is currently quoted at about $0.0283, with a market cap around $28.39 million, a 24-hour gain of 159%, and 24-hour trading volume of about $12.4 million. On the BSC network, the new token FLORK has drawn attention; its market cap briefly reached a peak of $13.37 million. The coin is currently quoted at about $0.00763, with a market cap around $7.63 million; the 24-hour gain is roughly 292.9%, and 24-hour trading volume is about $7.5 million. FLORK’s core narrative comes from the classic hand-drawn Flork meme/emote and comic-style character; with the recent rebound in BSC Meme trading activity, it has once again been packaged by the community as a high-recognition Meme token. On the Solana network, an OTC newcomer breaks out. During the day, its market cap briefly surged to around $7.6 million. The coin is currently quoted at about $0.00674, with a market cap around $4.91 million; the 24-hour gain is about 25.24%, and 24-hour trading volume is roughly $11.1 million. The OTC narrative centers on “Over-The-Counter.” The community has packaged it into a new Meme token on Solana that combines sentiments around trading platforms, over-the-counter trading, and StockFi/RWA.
Zhipu officially entered Tmall on September 2, setting up its official flagship store to sell products such as the Coding Plan bundle.
The BIT-linked entity's ETH long position has been increased to 33,000 ETH, worth $79.3 million
On September 2, according to on-chain analyst Ai Yi, the BIT-linked entity's ETH long position that previously had profits of $55.095 million has been increased to 33,000 ETH, worth $79.3 million (Hyperliquid's fifth-largest position). It is currently at an unrealized loss of $2.48 million. There is still considerable room before the liquidation price is reached.
On September 2, according to on-chain analyst Ai Yi, the BIT-linked entity's ETH long position that previously had profits of $55.095 million has been increased to 33,000 ETH, worth $79.3 million (Hyperliquid's fifth-largest position). It is currently at an unrealized loss of $2.48 million. There is still considerable room before the liquidation price is reached.
Besant’s “firefighting” results reset to zero: U.S. Treasury yields rebound across the board, with global sovereign bonds repriced in sync
On September 2, after U.S. Treasury Secretary Bessent announced an expansion of the Treasury buyback program on August 19, long-term bond yields briefly fell but the effect quickly faded. As of now, the yield on the 30-year U.S. Treasury has risen to 5.27%, returning to the level seen before the announcement of the Treasury buyback plan. The 10-year yield has hovered around 4.8%, the highest since January 2025, up more than 10 basis points from that time. The two-year yield has risen to 4.40%, with market pricing for the probability of the Federal Reserve raising rates this month reaching about 70%. Mark Cabana, head of U.S. interest-rate strategy at Bank of America, noted that the interest-rate market has never been able to sustain a decent decline in yields; investors demand higher compensation before they are willing to extend duration. Bessent himself is not concerned about the rebound in yields, saying in a CNBC interview, “The market is the market.” However, Dan Morehead, founder of Pantera, said bluntly that bluster only works if no one at the table knows you’re bluffing.
Global bond markets are experiencing a synchronized selloff. Japan’s 10-year government bond yield first touched 3% since 1996. The UK’s 30-year yield rose to the highest level since 1998, Germany’s 30-year yield to the highest since 2011, and the Bloomberg Global Sovereign Bond Index yield rose to nearly a 20-year high. Oil prices increased by about 13% over the past month to $94, while tensions in the Middle East remain unresolved. Investors have raised their bets on rate hikes by the European Central Bank, the Bank of Japan, and the RBA. Japan’s 10-year yield, which climbed from around 2% in January to 3%, has moved especially sharply, as Prime Minister Hayashi Takashi’s fiscal expansion further intensifies refinancing pressure on debt.
Florian Ielpo, portfolio manager at Lombard Odier, said that as bond yields rise, the appeal of fixed income relative to equities is strengthening, and his asset-allocation views have begun to shift. This global repricing of sovereign debt is pushing up financing costs at every level—from the U.S. government to ordinary homebuyers and credit card holders.
On September 2, after U.S. Treasury Secretary Bessent announced an expansion of the Treasury buyback program on August 19, long-term bond yields briefly fell but the effect quickly faded. As of now, the yield on the 30-year U.S. Treasury has risen to 5.27%, returning to the level seen before the announcement of the Treasury buyback plan. The 10-year yield has hovered around 4.8%, the highest since January 2025, up more than 10 basis points from that time. The two-year yield has risen to 4.40%, with market pricing for the probability of the Federal Reserve raising rates this month reaching about 70%. Mark Cabana, head of U.S. interest-rate strategy at Bank of America, noted that the interest-rate market has never been able to sustain a decent decline in yields; investors demand higher compensation before they are willing to extend duration. Bessent himself is not concerned about the rebound in yields, saying in a CNBC interview, “The market is the market.” However, Dan Morehead, founder of Pantera, said bluntly that bluster only works if no one at the table knows you’re bluffing.
Global bond markets are experiencing a synchronized selloff. Japan’s 10-year government bond yield first touched 3% since 1996. The UK’s 30-year yield rose to the highest level since 1998, Germany’s 30-year yield to the highest since 2011, and the Bloomberg Global Sovereign Bond Index yield rose to nearly a 20-year high. Oil prices increased by about 13% over the past month to $94, while tensions in the Middle East remain unresolved. Investors have raised their bets on rate hikes by the European Central Bank, the Bank of Japan, and the RBA. Japan’s 10-year yield, which climbed from around 2% in January to 3%, has moved especially sharply, as Prime Minister Hayashi Takashi’s fiscal expansion further intensifies refinancing pressure on debt.
Florian Ielpo, portfolio manager at Lombard Odier, said that as bond yields rise, the appeal of fixed income relative to equities is strengthening, and his asset-allocation views have begun to shift. This global repricing of sovereign debt is pushing up financing costs at every level—from the U.S. government to ordinary homebuyers and credit card holders.
Prospect Markets signs final agreement with Crypto.com to enter U.S. prediction markets
On September 1, prediction market company Prospect Markets announced that its wholly owned indirect subsidiary, Prospect Brokerage USA, has signed a final agreement with OG Prediction Markets and Crypto.com’s Derivatives North America (CDNA) to launch a sports-focused prediction market platform in the United States, targeting a rollout in the third quarter of 2026. Under the agreement, Prospect Brokerage will offer U.S. users event contracts provided by CDNA, and will provide the related services through OG Broker, a futures commission merchant registered with the CFTC under Crypto.com. Prospect Markets said the partnership will help the company enter the rapidly growing prediction market sector and open up a new revenue stream. Data shows that global leading prediction markets’ monthly trading volume has grown from less than $5 billion in September 2025 to about $25.7 billion in May 2026, and exceeded $50 billion in June. Sports contracts account for about 85% of trading volume on top platforms. Bernstein expects global prediction market trading volume to reach approximately $240 billion in 2026 and could surpass $1 trillion by 2030.
On September 1, prediction market company Prospect Markets announced that its wholly owned indirect subsidiary, Prospect Brokerage USA, has signed a final agreement with OG Prediction Markets and Crypto.com’s Derivatives North America (CDNA) to launch a sports-focused prediction market platform in the United States, targeting a rollout in the third quarter of 2026. Under the agreement, Prospect Brokerage will offer U.S. users event contracts provided by CDNA, and will provide the related services through OG Broker, a futures commission merchant registered with the CFTC under Crypto.com. Prospect Markets said the partnership will help the company enter the rapidly growing prediction market sector and open up a new revenue stream. Data shows that global leading prediction markets’ monthly trading volume has grown from less than $5 billion in September 2025 to about $25.7 billion in May 2026, and exceeded $50 billion in June. Sports contracts account for about 85% of trading volume on top platforms. Bernstein expects global prediction market trading volume to reach approximately $240 billion in 2026 and could surpass $1 trillion by 2030.
💥 Has the European bond market collapsed across the board?
Eurozone inflation has surged to its highest level in nearly three years. Rate-hike expectations for the ECB are heating up, and long-term bond yields across multiple countries have collectively jumped to record highs:
France 10-year: 4.23% (highest since 2008)
Germany 10-year: 3.31% (highest since 2011)
Italy 10-year: 4.15% (highest since 2024)
UK 10-year: 5.223% (highest since 2008)
UK 30-year: 5.88% (highest since 1998)
“Risk-free assets”—can they still be called risk-free? Under the rate-hike storm, the bond market’s “safe haven” myth seems to be getting shattered.
Eurozone inflation has surged to its highest level in nearly three years. Rate-hike expectations for the ECB are heating up, and long-term bond yields across multiple countries have collectively jumped to record highs:
France 10-year: 4.23% (highest since 2008)
Germany 10-year: 3.31% (highest since 2011)
Italy 10-year: 4.15% (highest since 2024)
UK 10-year: 5.223% (highest since 2008)
UK 30-year: 5.88% (highest since 1998)
“Risk-free assets”—can they still be called risk-free? Under the rate-hike storm, the bond market’s “safe haven” myth seems to be getting shattered.
US stock index futures for the three major indexes continue their downtrend, with the Nasdaq index futures falling by 1%
On September 1, according to data from BIT (Bit.com), US stock index futures for the three major indexes continued to decline. Nasdaq index futures were down 1%, S&P 500 index futures fell 0.54%, and Dow Jones index futures dropped 0.49%.
On September 1, according to data from BIT (Bit.com), US stock index futures for the three major indexes continued to decline. Nasdaq index futures were down 1%, S&P 500 index futures fell 0.54%, and Dow Jones index futures dropped 0.49%.
Binance to List MARSCOINUSDT Perpetual Futures, Up to 20x Leverage
On September 1, according to an official announcement, Binance Futures will list the MARSCOINUSDT perpetual futures contract on September 1, 2026 at 09:45 (UTC), with up to 20x leverage. MarsCoin is a meme token built on BNB Chain, featuring the allocation of SPCXB (a tokenized stock asset) to holders. The contract’s minimum order quantity is 1 MARSCOIN, with a minimum notional value of 5 USDT. The funding rate cap is +2%/-2%, settled every 4 hours. It supports a multi-asset margin mode and offers 24/7 trading. Within 24 hours of the contract’s listing, contract copy-trading will be available.
On September 1, according to an official announcement, Binance Futures will list the MARSCOINUSDT perpetual futures contract on September 1, 2026 at 09:45 (UTC), with up to 20x leverage. MarsCoin is a meme token built on BNB Chain, featuring the allocation of SPCXB (a tokenized stock asset) to holders. The contract’s minimum order quantity is 1 MARSCOIN, with a minimum notional value of 5 USDT. The funding rate cap is +2%/-2%, settled every 4 hours. It supports a multi-asset margin mode and offers 24/7 trading. Within 24 hours of the contract’s listing, contract copy-trading will be available.
Runway made a world model for app generation: no code needed—generate the entire interface directly
On the heels of the Beating AI news, Runway has released Solaris, a world model that can generate app interfaces directly. When using AI to build apps, we typically generate HTML, CSS, and JavaScript first, and then the browser turns that code into the interface. Solaris skips this step entirely: the whole interface users see is the real-time rendered scene generated by the model. Solaris is based on a modified version of Runway’s Gen-4.5. After users click, drag, or type text, those actions become the generation conditions for the next frame. The language model determines what should happen next in the interface, and Solaris renders it in real time. Pages, buttons, and interaction states don’t need to be hard-coded in advance. Runway also conducted comparative tests using code-based interfaces generated by Solaris and Claude Opus 5. 250 participants tested 30 interaction sets, producing nearly 7,500 ratings. For “completing the operation as instructed,” 61% chose Solaris, while 24% chose Claude; for naturalness, it was 71% versus 21%. Solaris is still a research preview and has not yet reached the point of replacing apps. Since it generates every frame in real time, the cost remains higher than for a typical webpage. Text stability, maintaining the interface consistently over long periods, and accessibility support are also still challenging issues.
On the heels of the Beating AI news, Runway has released Solaris, a world model that can generate app interfaces directly. When using AI to build apps, we typically generate HTML, CSS, and JavaScript first, and then the browser turns that code into the interface. Solaris skips this step entirely: the whole interface users see is the real-time rendered scene generated by the model. Solaris is based on a modified version of Runway’s Gen-4.5. After users click, drag, or type text, those actions become the generation conditions for the next frame. The language model determines what should happen next in the interface, and Solaris renders it in real time. Pages, buttons, and interaction states don’t need to be hard-coded in advance. Runway also conducted comparative tests using code-based interfaces generated by Solaris and Claude Opus 5. 250 participants tested 30 interaction sets, producing nearly 7,500 ratings. For “completing the operation as instructed,” 61% chose Solaris, while 24% chose Claude; for naturalness, it was 71% versus 21%. Solaris is still a research preview and has not yet reached the point of replacing apps. Since it generates every frame in real time, the cost remains higher than for a typical webpage. Text stability, maintaining the interface consistently over long periods, and accessibility support are also still challenging issues.
HashKey Exchange will list FDUSD today, available to professional investors only
On September 1, according to an official announcement, HashKey Exchange said it will launch the First Digital USD (FDUSD) token, available to professional investors only. Users can now deposit and withdraw (via the Ethereum ERC20 network). Spot trading for FDUSD/USD, BTC/FDUSD, and ETH/FDUSD will begin on September 1, 2026 at 16:00 (UTC+8).
On September 1, according to an official announcement, HashKey Exchange said it will launch the First Digital USD (FDUSD) token, available to professional investors only. Users can now deposit and withdraw (via the Ethereum ERC20 network). Spot trading for FDUSD/USD, BTC/FDUSD, and ETH/FDUSD will begin on September 1, 2026 at 16:00 (UTC+8).
ECB Governing Council member Koehler: If next forecast confirms increased upside inflation risks, further rate hikes are needed immediately
On September 1, ECB Governing Council member Koehler said recent upside inflation risks in the euro area have increased. If the ECB’s next forecast confirms this, it would be necessary to raise rates further immediately. In addition, the ECB must ensure that medium-term inflation does not remain persistently above its 2% target.
On September 1, ECB Governing Council member Koehler said recent upside inflation risks in the euro area have increased. If the ECB’s next forecast confirms this, it would be necessary to raise rates further immediately. In addition, the ECB must ensure that medium-term inflation does not remain persistently above its 2% target.
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