Federal Reserve Raises Interest Rates 0.25% to 3.75%-4% Amid Inflation Concerns
The Federal Reserve delivered its first interest rate hike in over three years on Sept.
interest rates
Bank of England Holds Interest Rates Steady at 3.75%
The Bank of England held interest rates at 3.75% amid warnings of inflation surging above six per cent, as global conflicts and economic pressures intensify.
Trump Cracks Down on Fed Rate Hike Amid Surging US Jobs
Strong U.S. job gains and President Trump’s demands for lower interest rates have intensified pressure on the Federal Reserve ahead of its September meeting, with markets…
FPCCI Sounds Alarm Over Rising Trade Deficit
The FPCCI attributed the crisis to “crippling” energy costs, sky-high interest rates, and a “vicious cycle” of industrial shrinkage that risks further import dependency, while the…
Waller Signals Support for Steady Interest Rates at September Meeting
Fed Governor Christopher Waller signaled Thursday he would support keeping interest rates steady at the September meeting if August inflation data aligns with recent improvements…
Bank of Japan to Raise Interest Rates
The Japanese yen surged 1.7% against the dollar on Thursday, hitting its highest level in a month at 155.85, as investors braced for a potential interest rate hike by the Bank of…
Bessent Urges BOJ to Raise Interest Rates in September
U.S. Treasury Secretary Scott Bessent signaled Japan’s central bank is likely to raise interest rates in September to strengthen the yen, citing market expectations and recent…
European Central Bank to Raise Interest Rates to 2.5% in September
The European Central Bank (ECB) is poised to raise its key interest rates to 2.5% in September, driven by persistent energy price pressures and the ongoing Iran conflict, but…
U.S. Treasury Yield Hits 19-Year High at 5.31%
The 30-year U.S. Treasury yield reached a 19-year high of 5.31% on Monday, marking the first time it has closed above 5.3% since June 2007, according … Read more
Markets perceive the future in very distorted ways
Financial markets have long operated under the assumption that they are rational machines, capable of discounting future risks with mathematical precision. However, a growing body of … Read more
Trump’s Attacks on the Fed: The Global Erosion of Central Bank Independence
For decades, the independence of the Federal Reserve was treated as a sacred cow of American economics, a firewall designed to keep the volatile whims of … Read more
Oil Prices Surge and Stock Futures Slip as US-Iran Peace Deal Hopes Fade
Global markets are bracing for a volatile session as geopolitical tensions in the Middle East resurface, triggered by the rejection of a proposed diplomatic breakthrough between … Read more