The Latest Breaking News from Interest Rates

UK vacancies fall to lowest for five years as wages grow faster than expected

Employers wary of hiring permanent staff but unemployment eased to 4.9% in the three months to April

The Guardian - UK · Jun 18

US Stock Market: Analysts see inflation driving Fed's hawkish shift under Warsh

The Federal Reserve held interest rates steady, signaling potential future hikes due to persistent inflation concerns. Policymakers' updated projections now show fewer rate cuts expected next year, reflecting a hawkish shift. Markets reacted cautiously, with equities dipping and Treasury yields rising as investors anticipate prolonged higher rates.

The Economic Times · Jun 18

Gold price on June 18: Why is gold rate crashing?

Gold rate today: Gold is often seen as a hedge against inflation, elevated interest rates tend to pressure bullion.

The Economic Times · Jun 18

Fed keeps rates unchanged but signals possible hike this year

The Federal Reserve left interest rates unchanged at its first policy meeting under chair Kevin Warsh, but nearly half of policymakers signalled they could support a rate hike later this year as inflation remains elevated.

Euronews · Jun 17

Dow Falls 507 Points as Fed Chair Warsh Speaks of Price Stability: Stock Market Today

Stocks slide as interest rates remain the same and Fed Chair Kevin Warsh starts writing a shorter song for the biggest central bank in the world.

Kiplinger · Jun 17

Stocks Drop After Fed Officials Anticipate Potential Rate Hike This Year

Stocks tumbled on Wednesday as Federal Reserve policymakers said they expect to hike interest rates once this year.

International Business Times · Jun 17

US stocks: Nasdaq, S&P fall over 1% as Fed holds rates; traders raise hike bets

US stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later this year. New Fed Chair Kevin Warsh emphasized taming inflation, shifting sentiment from expected rate cuts. This hawkish tilt led to significant market declines across major indices.

The Economic Times · Jun 17

‘Whatever’: Trump now OK with Fed holding or raising rates as long as Powell not chair

Trump spent the first year and a half of his term bullying former Fed Chair Jerome Powell over his refusal to lower interest rates fast enough for the president’s liking

The Independent UK · Jun 17

US stocks sink on worries about a possible hike to interest rates this year by the Federal Reserve

The U.S. stock market sank after nearly half the policymakers at the Federal Reserve indicated they may want to raise interest rates before the end of the year

AAP · Jun 17

Dollar Jumps on Hawkish Fed

The dollar index (DXY00 ) on Wednesday rose by +0.49%. The dollar moved higher on Wednesday, supported by stronger-than-expected US economic reports on May retail sales and May pending home sales. The dollar raced to its high on Wednesday afternoon when the FOMC projected higher interest rates later this year....

Barchart · Jun 17