The Latest Breaking News from US Federal Reserve

Gold price today: Gold rate recovers after consecutive losses but there is a concern. Details here

Gold rate on Thursday jumped but experts have pointed out a few factors that may cause worry for investors.

The Economic Times · Oct 15

Euro slides to fresh lows against US dollar and British pound despite ECB rate hikes

The euro slid this week to its weakest level against the US dollar since mid-May 2025 and the British pound since early June 2025, as an energy shock, France’s debt crisis and a resurgent US dollar outweigh two interest rate hikes by the European Central Bank.

Euronews · Oct 15

ConnectOne Bank CEO: what Kevin Warsh's 'quieter Fed' can teach CEOs about communicating uncertainty

There is an important difference between giving people certainty and giving them clarity, and Kevin Warsh is wrestling with that distinction in real time.

Fortune · Oct 15

US labour market remains stuck in low-hire, low-fire state as inflation intensifies: Fed

The Federal Reserve's latest Beige Book highlights persistent inflation pressures and a stagnant US labour market, with rising energy, tariff, and insurance costs hitting businesses. With September consumer inflation rising 3.7%, expectations are growing for another potential interest rate hike at the Fed's upcoming October meeting.

The Economic Times · Oct 15

Global Market: Citi expects Fed to raise rates by 25 basis points in December after hot US inflation data

Citigroup now expects the US Federal Reserve to raise interest rates by 25 basis points in December following hotter-than-expected September inflation. The brokerage forecasts rates to remain unchanged thereafter, with rate cuts unlikely before June 2027.

The Economic Times · Oct 15

Silver ETFs fall up to 5% as high oil prices weigh on sentiment. What should investors do?

Silver ETFs fell sharply on Thursday as elevated crude oil prices and uncertainty over US inflation data weighed on sentiment. Experts expect continued volatility amid interest rate concerns, dollar movements and geopolitical tensions. They advise long-term investors to consider accumulating gold and silver gradually while cautioning traders against short selling.

The Economic Times · Oct 15

Global Market: China stocks fall as hot US inflation data revives rate hike fears

Chinese stocks tumbled as hotter-than-expected US inflation data revived concerns over prolonged high interest rates. Technology shares led losses across mainland China and Hong Kong markets as investors reassessed the outlook for US monetary policy and risk-sensitive assets.

The Economic Times · Oct 15

Dollar retreats from 18-month high despite hot CPI as Fed officials temper hike bets

The dollar has fallen back after peaking at an 18-month high, fueled by stronger than expected inflation data. Expectations of an October rate hike were moderated by prudent remarks from Federal Reserve officials. With Treasury yields decreasing, the dollar slipped against key currencies like the euro and sterling. Traders are…

The Economic Times · Oct 15

US Federal Reserve's Mary Daly sees more rate hikes ahead, but not necessarily in October

San Francisco Federal Reserve President Mary Daly indicated that further adjustments to interest rates might be necessary to address inflation. She emphasized that the Fed does not feel urgency for immediate action in the upcoming meeting. Daly highlighted the stability of the labor market, which offers some flexibility for monetary…

The Economic Times · Oct 15

Global Market Today: Stock selloff extends to Asia as chip rout deepens

MSCI Inc.’s Asia Pacific equities gauge dropped 1.5%, heading for a fourth straight decline, led by losses in South Korea, a bellwether for artificial intelligence investment. The Kospi Index slumped as much as 6.5% to its lowest since late July, with chip heavyweights Samsung Electronics Co. and SK Hynix Inc.…

The Economic Times · Oct 15