Overall Market Backdrop, September:
- In September, the Bank of England opted to maintain its current interest rates, keeping them steady at 5.25%, the highest they have been in 15 years.
- Inflation, which measures the rate of price changes over time, declined to 6.7% for the year ending in August.
- Russia made an unexpected announcement on September 21st, imposing an immediate ban on the export of diesel and gasoline.