The Latest Breaking News from Inflation

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…

The Economic Times · Sep 17

Global Market Today: Asian stocks tick higher as markets weigh further Fed hikes

In a strategic shift, the Federal Reserve raised interest rates by 0.25%, aiming to address ongoing inflation challenges. This decision led to a dip in Asian sovereign bonds and the dollar, while gold maintained its losses. Interestingly, Asian stock markets posted minor gains, leaving investors speculating about the future trajectory…

The Economic Times · Sep 17

Fed raises rates despite Trump pressure, signals another hike likely in 2026

In a bid to tackle ongoing inflation, the US Federal Reserve has raised interest rates by twenty-five basis points. Policymakers are predicting at least one additional hike in the upcoming months. As inflation affects various sectors, the Fed is working towards achieving its two percent goal. This move is likely…

The Economic Times · Sep 16

Pentagon Auditors Say the Iran War Has Cost $33 Billion. The Real Price Tag Is Far Higher.

The Congressional Budget Office says the inflationary consequences of the war will be felt well into 2027.

Reason · Sep 16

Shorter-dated US Treasury yields surge in anticipation of another Fed rate hike

The Federal Reserve increased interest rates for the first time in over three years. Policymakers anticipate at least one more quarter-percentage-point hike by year-end. Shorter-dated U.S. Treasury yields rose after the rate hike announcement. Market bets on a future rate increase at the next meeting ticked higher. Inflation expectations for…

The Economic Times · Sep 16

Dollar rises after Fed hikes rates in bid to counter inflation

The US dollar rises against major currencies after the Federal Reserve hikes interest rates and signals further tightening to tackle inflation. The dollar index reaches a nearly five-week high, while traders see an 80% chance of a Bank of Japan rate hike on Friday. Bitcoin remains steady after Tuesday's sharp…

The Economic Times · Sep 16

'Inflation Is Too High': Fed Chair Kevin Warsh Fires Warning as Rates Jump and Borrowing Costs Rise

The Federal Reserve has raised its benchmark interest rate by a quarter point to 3.75–4%, citing persistent inflation and signalling higher borrowing costs for households and businesses.

International Business Times UK · Sep 16

US stocks today: Dow ends 650 pts lower after Fed rate hike, more rate tightening seen

US stocks end lower after the Federal Reserve raises interest rates as expected and signals further tightening to tackle elevated inflation. The Dow falls 1.17%, while the S&P 500 drops 0.43% and the Nasdaq is nearly flat. Lower crude prices weigh on energy stocks, while chip shares gain.

The Economic Times · Sep 16

Kevin Warsh Struck a Hawkish Tone As The Fed Hiked Rates. Stocks Reversed Gains And Fell.

"The plain fact is that inflation is too high, and has been for too long," Warsh said.

International Business Times · Sep 16

US Fed chair Kevin Warsh explains why the Federal Reserve raised interest rates

The Federal Reserve increased interest rates by 0.25 percent. This action was driven by a strengthening US economy and rising inflation. Domestic spending remains resilient and job gains are keeping pace. Inflation has stubbornly stayed above the Federal Reserve's target for years. The central bank's focus remains on achieving price…

The Economic Times · Sep 16