New York Fed president John Williams signalled that one more rate increase in 2026 remains appropriate, citing persistent Middle East energy pressures and AI infrastructure costs, as September CPI data arrives today.
Tag: interest rates
Posted inEconomy
India’s Central Bank Raises Rates to 5.5% in First Hike Under New Governor
The Reserve Bank of India raised its repo rate by 25 basis points to 5.5% on October 7, citing rising inflation linked to Middle East oil prices—its first hike since February 2023.
Posted inEconomy
August PCE Inflation Seen Rising to 3.4%, Fuelling Second Fed Hike Bets
Markets brace for August core PCE data due September 30, forecast at 3.4% year-over-year, above July’s 3.3% and well above the Fed’s 2% target.
Posted inEconomy
RBA Raises Rate to 4.6% for Fourth Time in 2026, Flags Further Hikes
The Reserve Bank of Australia raised its cash rate by 25 basis points to 4.6% on Tuesday in a unanimous decision, citing Middle East energy disruption and AI-driven technology price pressures as the main drivers of persistent inflation.
Posted inEconomy
Norges Bank Raises Rate to 4.50% and Warns It May Hike Again
Norges Bank raised its benchmark rate 25 basis points to 4.50% on Thursday, its second hike of 2026, with Governor Bache warning rates must stay elevated until inflation returns to target.
Posted inEconomy
Fed Rate Hike Leaves Emerging-Market Central Banks to Choose Between Inflation and Growth
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.
Posted inEconomy
Bank of Japan Raises Rates to 1.25%, Highest Since 1995, as Inflation Meets Target
The Bank of Japan raised its benchmark interest rate to 1.25% on September 18, the highest level in 31 years, in a 7-2 vote as inflation hit its 2% target amid elevated global energy costs.
Posted inWorld
Hashim Thaçi Sentenced to 25 Years for Kosovo War Crimes
The EU-backed Kosovo Specialist Chambers convicted former Kosovo President Hashim Thaçi of murdering 96 political opponents and sentenced him to 25 years in prison on September 16.
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.