On Wednesday, September 9, the governors of the European Central Bank meet to define the course of European monetary policy. With an inflation rate at 3.3% and energy costs rising, an interest rate hike is expected. The following day, September 10, an ECB press conference is scheduled. At the end of August, Euribor rates rose across all maturities, which are set by the average of the rates at which 21 banks in the Eurozone are willing to lend money to each other in the interbank market.
In Portugal, several parliamentary meetings are taking place. The Conference of Leaders of the Assembly of the Republic meets at 10:30 AM to set the schedule for the new legislative session, with the PS requesting an urgent hearing of Minister Manuel Castro Almeida on the state of PRR execution. The Health Committee meets to debate INEM, with the hearing of Vítor Almeida, the doctor who refused to lead the organization, and Xavier Barreto from the Portuguese Association of Hospital Administrators.
The National Statistics Institute releases international trade statistics for July, while the Environmental Impact Study for the new General Cargo Quay at Sines Port ends its public consultation period. This port will have dual use, serving both civilian purposes and occasionally for military mobility operations, and may support the offshore wind industry and RO-RO operations.
Internationally, the funeral ceremonies of King Harald V are held at Oslo Cathedral, with a funeral procession through the main streets of the Norwegian capital. In the United States, the Republican National Convention is taking place in Dallas, Texas, until September 10, where JD Vance speaks on the first day and Donald Trump takes the stage at the end. For the first time in history, the Republican Party holds a convention before midterm elections, open to the public through a lottery. Apple is also holding a launch event for a new generation of iPhone and its first foldable smartphone.
