Central Banks on Edge as Inflation Data Looms in Europe and Australia

Upcoming economic reports will influence critical rate decisions by the ECB and RBA amid ongoing inflation concerns.

The ECB awaits key euro-zone data to guide potential interest-rate cuts in September.
Inflation and economic growth figures will be pivotal for the ECB's next move.
Australia's central bank faces pressure to hike rates if inflation remains high.
Quarterly inflation data in Australia could sway the Reserve Bank's policy decision.
Global economic trends and central bank actions add complexity to rate-setting decisions.