The Latest Breaking News from US Federal Reserve

Tesco stars but oil price gains keep stocks lower

Well-received results boosted food retailer Tesco, up 5.2%.

Evening Standard · Oct 8

Stocks Pressured by Soaring Crude Oil Prices

The S&P 500 Index ($SPX ) (SPY ) is down by -0.26% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.42%. December E-mini S&P futures (ESZ26 ) are down -0.30%, and December E-mini...

Barchart · Oct 8

Dollar Relinquishes Early Gains as the Euro Rebounds

The dollar index (DXY00 ) is down by -0.08% today. The dollar gave up an early advance and turned lower today after the euro rallied when the German Economy Ministry raised its 2026 German GDP forecast. The dollar initially moved higher today after WTI crude oil rallied more than +4%,...

Barchart · Oct 8

Another Fed Official Says More Rate Hikes are Needed to Tame Inflation

"The hikes do not need to come at consecutive meetings," Christopher Waller noted.

International Business Times · Oct 8

Inflation Fears Surge Again: Americans' One-Year Outlook Hits Highest Level in More Than Three Years

Median inflation expectations for the next 12 months jumped to 3.9%, up from 3.6% in August, according to the Federal Reserve Bank of New York's September Survey of Consumer Expectations.

International Business Times · Oct 8

Global Market: European stocks slide as oil surge revives inflation concerns

European shares fell as banks hit over three-month lows amid rising bond yields and oil prices. Investors worried persistent inflation could constrain central bank rate cuts and hurt growth, while markets awaited ECB, Federal Reserve and Bank of England signals.

The Economic Times · Oct 8

Fed's Waller: More hikes needed, but there is 'flexibility' about the pace

US Federal Reserve Governor Christopher Waller indicated that more rate hikes may be necessary to achieve the inflation target. He acknowledged the flexibility in timing for these increases, suggesting they may not occur consecutively. Waller expressed concerns about rising inflation impacts on consumer and investor expectations. Expected economic data and…

The Economic Times · Oct 8

Brent crude tops $105 as Trump weighs resuming 'major combat operations' in Iran

Brent crude rose above $105 a barrel on Thursday after reports that US President Donald Trump is considering a return to "major combat operations" against Iran, while European stock markets opened lower as rising oil prices fuelled inflation fears.

Euronews · Oct 8

Global Market: EMs see first foreign outflow since June as Fed turns hawkish

Foreign investors pulled $26.3 billion from emerging-market stocks and bonds in September, marking the first monthly outflow since June, according to the IIF. Fixed-income assets saw $7 billion of outflows, their first net withdrawal since March. The selling was driven by a hawkish US Fed stance, which pushed Treasury yields…

The Economic Times · Oct 8

Asian shares decline under pressure from rising bond yields and surging oil prices

Asian shares are lower and oil prices have surged after stocks on Wall Street retreated from their records

The Independent UK · Oct 8