The Federal Reserve’s September hike to 3.75–4 per cent is pressing emerging-market central banks to tighten even as growth slows, with research showing they follow the Fed about 60 per cent of the time.
Tag: inflation
Posted inEconomy
Bank of England Holds at 3.75% in 6-3 Split as UK Inflation Climbs to Five-Month High
The Bank of England’s Monetary Policy Committee voted 6-3 to hold Bank Rate at 3.75% on September 17, as UK CPI rose to 3.1% and energy prices surged, diverging from the Fed’s unanimous hike one day earlier.
Posted inEconomy
Federal Reserve Delivers First Rate Hike in Three Years in Unanimous Vote
The FOMC voted 12-0 to raise the federal funds rate by 25 basis points to 3.75%–4%, the first increase since 2023, as Chair Kevin Warsh warned inflation has been too high for too long.
Posted inEconomy
Federal Reserve Opens Two-Day Meeting With a 25-Point Hike in Reach
Markets price an 83% chance the Fed raises its benchmark rate Wednesday for the first time since 2023, as energy-driven inflation keeps pressure on Chair Kevin Warsh.
Posted inMarkets
Gold Stays Heavy Below $4,401 as Fed Rate Hike Odds Climb to 87%
Spot gold is struggling below $4,401 with key technical support at $4,286, as traders price in an 87% probability of a Federal Reserve quarter-point rate increase at Wednesday’s FOMC meeting.
Posted inEconomy
US Consumer Sentiment Hits Second-Lowest Level on Record Ahead of Fed Decision
The University of Michigan’s September preliminary sentiment index fell to 47.8, the second-lowest reading in over 70 years of data, as year-ahead inflation expectations surged to 4.6%, the highest since June.
Posted inEconomy
US August CPI Holds at 3.4% as Gasoline Surge Keeps Fed Hike Odds at 69%
US consumer prices rose 0.4% in August, driven by a 3.9% jump in gasoline, leaving annual CPI at 3.4% and pushing Fed rate-hike odds to 69% ahead of the September 16 FOMC decision.
Posted inEconomy
ECB Raises Rates to 2.5% and Upgrades Growth Forecast as Energy Inflation Persists
The European Central Bank raised its deposit facility rate to 2.50% on September 11, upgrading its 2026 growth forecast to 0.9% while warning that energy-driven inflation risks remain tilted to the upside.
Posted inMarkets
Brent Crude Crosses $100 as US-Iran Tanker War Spreads to Jordan
Brent crude reached $100.71 on September 9, up 2.85% on the day, after the US-Iran tanker exchange and Iran’s ballistic missile strikes on Jordan deepened Gulf supply fears.
Posted inEconomy
ECB Rate Hike to 2.5% All But Certain as Eurozone Energy Inflation Hits 14%
The European Central Bank meets September 10 with a 25bp rise to 2.5% fully priced, as energy inflation running at 14.3% lifts eurozone CPI to 3.3% while core prices actually fall.