The Latest Breaking News from US Federal Reserve

Dollar Advances and Gold Falls on a Hot US CPI Report

The dollar index (DXY00 ) rallied to a 1.5-year high today and is up by +0.61%. The dollar is advancing today on the stronger-than-expected US Sep CPI report, which bolsters speculation that the Fed will keep interest rates higher for longer. The CPI report boosted the chance of a Fed...

Barchart · Oct 14

US CPI inflation rises as Iran war drives up fuel prices: How higher petrol and diesel costs could hit American households

American households are facing increased inflation and rising fuel prices just weeks before the midterm elections. Consumer prices rose unexpectedly in September, driven primarily by a significant rise in gasoline costs. The conflict involving the United States and Iran has contributed to these economic pressures, particularly affecting energy availability. As…

The Economic Times · Oct 14

Stocks Retreat on Sticky US Price Pressures

The S&P 500 Index ($SPX ) (SPY ) is down by -0.42% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.70%. December E-mini S&P futures (ESZ26 ) are down -0.61%, and December E-mini...

Barchart · Oct 14

US inflation rises to 3.7% as fuel costs climb ahead of midterms

Higher petrol prices and airfares pushed US inflation to 3.7% in September, adding pressure on households and the Federal Reserve weeks before the midterm elections.

Euronews · Oct 14

US inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near

U.S. inflation increased in September as consumers faced higher prices for essentials like gas and clothing. The consumer price index rose 3.7% compared to the previous year, indicating ongoing economic challenges. This rise in inflation has political implications ahead of the midterm elections, impacting public sentiment towards Republican lawmakers. Federal…

The Economic Times · Oct 14

Trump’s inflation nightmare worsens as prices surge to 3.7% and voters turn against him ahead of midterms

Inflation accelerated last month to 3.7% in a sign that prices remain elevated as midterm elections near

The Independent UK · Oct 14

More expensive gas, semiconductors likely pushed up inflation in US last month

Inflation in the United States is projected to increase to 3.6% in September from the previous month. This rise is attributed to factors such as continuous supply issues caused by the Iran war. The Federal Reserve is monitoring inflation data closely and may adjust interest rates accordingly. Several companies, including…

The Economic Times · Oct 14

S&P 500 Futures Gain With All Eyes on U.S. Inflation Data; ASML Earnings Fail to Lift Chip Stocks

December S&P 500 E-Mini futures (ESZ26) are up +0.21% this morning, buoyed by lower bond yields, while investors look ahead to key U.S. inflation data for clues on the Federal Reserve’s interest-rate path.

Barchart · Oct 14

More expensive gas, semiconductors likely pushed up inflation last month

Inflation likely worsened in September in one of the last price reports the government will issue before the midterm elections that have been heavily defined by concerns over affordability

The Independent UK · Oct 14

Global Market: China’s yuan firms as investors await US CPI data, assess inflation

China’s yuan edged higher against the dollar as investors assessed mixed inflation data and awaited US consumer price figures. Rising producer prices contrasted with subdued consumer inflation amid weak domestic demand. Analysts expect gradual yuan appreciation through 2026, supported by trade surpluses and capital flows, while Federal Reserve policy remains…

The Economic Times · Oct 14