Burnham’s talk of ‘breathing space’ at odds with reality of future Bank rate rises PM’s push to cut cost of living threatened by rising inflation and government borrowing costs as geopolitics hit home The Guardian - UK · Sep 17
Bank of England holds rates at 3.75% in 6-3 split vote as inflation hits five-month high The Bank of England has kept its main interest rate at 3.75%, but three of its nine policymakers voted to raise it, exposing a divided committee as the energy shock from the Iran war pushes inflation to a five-month high of 3.1%. Euronews · Sep 17
When it comes to rate hikes, CFOs aren't counting on a 'one-and-done' Columbia economist Yiming Ma says the real risk isn't the hike itself, but treating it as an isolated event. Fortune · Sep 17
Bank of England warns interest rate rise ‘likely’ if Trump’s war in Iran continues The Bank of England has held UK interest rates despite inflation hike The Independent UK · Sep 17
Bank of England holds interest rates at 3.75% but warns war could force future rises Central bank announces surprise plan to sell billions of pounds in government bonds back to the Treasury The Guardian - UK · Sep 17
'It's a raise against Trump:' Despite inflation being ahead of target for five years, Trump brands latest hike as political "The problem they have is that we have the greatest economy in history ... so they're raising that only for political reasons, and that's a raise against Trump." Fortune · Sep 17
U.S. Stock Futures Rally as Bond Yields Fall on Fed’s Inflation Resolve September S&P 500 E-Mini futures (ESU26) are up +0.90%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.09% this morning as Fed Chairman Kevin Warsh’s resolve to combat inflation reassured markets, driving bond yields lower and boosting sentiment. Barchart · Sep 17
Japan's Interest Rates Could Hit A Three-Decade High. Nearly 9 In 10 Economists Expect Another Hike. Higher prices and stronger wages are adding to expectations that Japan's central bank will accelerate the pace of its monetary policy tightening. International Business Times · Sep 17
How Fed rate hike can impact Bitcoin and other crypto investors The Fed’s rate hike could keep pressure on Bitcoin and other cryptocurrencies by raising the appeal of safer assets and limiting cheap funding. ETF outflows, tighter liquidity, inflation risks and potential further hikes may shape investor demand. For Indian investors, currency movements add another layer to Bitcoin’s dollar-price volatility. The Economic Times · Sep 17
Federal Reserve Interest Rates Rise to 4% as Fed Signals Another Hike Is Coming Before Year-End The Federal Reserve raised its benchmark interest rate to 3.75%-4% and signalled that persistent inflation could prompt another increase before the end of 2026. International Business Times UK · Sep 17
Global Market: Eurozone bond yields edge higher after Fed rate hike The eurozone bond yields edged higher after the Federal Reserve raised interest rates and signalled further tightening. German short-term yields increased, while the 10-year yield remained near a 17-year high. Rising oil and gas prices are also raising concerns about renewed ECB rate hikes, with markets pricing further increases amid… The Economic Times · Sep 17
Global Market: Bank of England seen holding rates as UK inflation climbs The Bank of England is expected to hold its 3.75% benchmark rate for a sixth meeting despite UK inflation rising to 3.1% in August. Higher fuel and energy costs linked to the Iran conflict are intensifying price pressures. Policymakers will monitor wages and domestic inflation, while markets anticipate possible rate… The Economic Times · Sep 17
Global Market: Fed rate hike signals tougher road ahead for stocks, bonds The Federal Reserve raised its benchmark interest rate by 25 basis points, prompting investors to reassess the outlook for further tightening. Higher Treasury yields, persistent inflation and uncertainty over future rate moves could keep pressure on equities and fixed-income markets. The Economic Times · Sep 17
Trump Demanded Rate Cuts to 1%. His Hand-Picked Fed Chair Just Hiked Them for the First Time Since 2023 The Federal Reserve hiked interest rates for the first time since 2023 in a unanimous vote, defying Trump's demand for cuts to 1% even as his own pick, Kevin Warsh, led the move. International Business Times UK · Sep 17
The Economic Times · Sep 17 ‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists say The US Federal Reserve’s first rate hike since 2023 has added to pressure on India, with the rupee breaching 96 against the dollar and economists increasingly debating when the RBI could follow with a hike of its own. Emkay sees an October move as increasingly likely, while HDFC Bank expects…
The Economic Times · Sep 17 CAS chaos: Sensex ends in red as indicative price falls 270 points in 5 minutes, Nifty above 23,250 Indian stock markets showed divergence on Thursday as Sensex closed lower while Nifty ended higher. Sensex experienced volatility during the closing auction session, leading to its decline. Broader markets like Nifty Midcap and Smallcap indices saw gains after recent corrections. Investor sentiment remains cautious due to global tensions and potential…
The Guardian - UK · Sep 17 UK government borrowing costs fall as Bank of England outlines new bond-selling plan – as it happened BoE lays out proposal to sell UK bonds back to the government, and wind up the asset purchase scheme launched after the GFC
The Economic Times · Sep 17 Global Market: BOJ rate hike bets lift short-term JGB yields to multi-decade highs Japanese government bond yields rose at the short end of the curve, with the 2-year yield reaching its highest level in more than three decades as investors raised bets on a Bank of Japan rate hike. Longer-dated JGB yields declined as lower oil prices eased inflation concerns.
The Independent UK · Sep 17 Bank of England expected to keep interest rates unchanged despite rising inflation The Bank of England is expected to keep interest rates unchanged, despite rising inflation in the UK
The Economic Times · Sep 17 US Market: Fed's Warsh points to AI investment, geopolitical risks for higher yields Federal Reserve Chair Kevin Warsh said rising bond yields reflect economic strength, heavy capital investment in AI and data centers, and geopolitical uncertainty rather than persistent inflation concerns or doubts about the Fed’s credibility. He emphasized that financial markets inform policymakers but do not dictate decisions, following the Fed’s recent…
The Economic Times · Sep 17 Infosys, TCS, other IT stocks in focus after first Fed rate hike in 3 years. Will inflationary pressures offset anti-AI euphoria? Indian IT stocks such as Infosys and TCS are likely to remain in focus after the US Federal Reserve raised interest rates by 25 basis points, citing elevated inflation. Analysts expect higher-for-longer rates to pressure risk assets, while AI-related developments could influence sentiment towards Indian IT stocks.
The Economic Times · Sep 17 Trump calls Fed board ‘very political’ and ‘doing the wrong thing’ after first rate hike in 3 years Trump has renewed pressure on the Federal Reserve, demanding rates of 1% or lower shortly after the central bank raised its benchmark rate to 3.75%-4% to tackle persistent inflation. The move has put Fed Chair Kevin Warsh, Trump’s own appointee, in the spotlight, as Warsh defended the hike and warned…
The Economic Times · Sep 17 Explained: What US Fed’s first 25 bps rate hike in 3 years means for Indian stock market The US Federal Reserve has raised interest rates for the first time since 2023, taking the benchmark rate to 3.75%-4.00% as stubborn inflation limits its room to ease policy. The move could have implications for Indian markets, affecting the rupee, bond yields and foreign flows. With inflation still elevated, markets…
The Conversation · Sep 17 Will El Niño send food prices soaring this summer? Australia’s farm sector currently faces a double whammy from weather and non-weather related factors: a confirmed El Niño effect and surging inflationary pressures.
The Economic Times · Sep 17 Gold ticks up from near six-week low as investors weigh Fed outlook On Thursday, gold prices slightly increased after previously touching a six-week low, responding to the U.S. Federal Reserve’s hike in interest rates and hints of more tightening to come. This strategy targets inflation fears that policymakers are increasingly alert to. In a related note, the Bank of England is projected…