Hot US Core CPI Boosts Fed Rate Hike Odds to 86%
US core CPI unexpectedly accelerated to 0.3% month-over-month in August, driven by sticky services and surging energy costs. The hotter reading raised the probability of a 25-basis-point Federal Rese…
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Recently added · Page 1Hot US CPI Stokes Fed Rate Hike Odds, Sinks Equities and Gold
August core CPI rose 0.3% month-over-month, topping forecasts and boosting market bets for a Federal Reserve rate hike next week to 90%. Resurgent price pressures and surging oil costs are fueling ha…
Bessent Expands Treasury Buybacks to Halt Surging US Bond Yields
Treasury Secretary Scott Bessent announced plans to expand long-term Treasury buybacks to counter soaring bond yields and cool a market 'fever.' Emphasizing he is not conducting quantitative easing, …
BRICS Summit Tests De-Dollarisation as India Resists Joint Currency Push
BRICS members meet in New Delhi to discuss local-currency settlements and cross-border payment interoperability. India firmly rejects creating a common BRICS currency or pursuing an explicit de-dolla…
Fed Rate Hike Bets Surge on Jobs Blowout, Lifting Yields and Dollar
A blowout jobs report and surging Treasury yields have sparked Wall Street expectations of a Federal Reserve rate hike. With markets pricing in increased odds of tightening, hawkish sentiment is pres…
Gold Slumps 2% as Strong US Jobs Data Fuels Fed Rate Hike Bets
Gold dropped 2% toward $4,380 as August US nonfarm payrolls surged by 162,000, significantly topping expectations. The robust labor market data strengthened the US dollar and pushed September Federal…
US ISM Services PMI Jumps to 55.4 as Price Pressures Surge to Multi-Year Highs
U.S. ISM Services PMI climbed to a six-month high of 55.4 in August, beating forecasts, driven by strong business activity and new orders. However, the employment index remained in contraction at 47.…
Fed Officials Signal Conditional Rate Hikes as Crucial Inflation Data Looms
Federal Reserve policymakers, including Waller and Barr, signal readiness to consider interest rate hikes if upcoming inflation reports remain elevated. However, officials emphasize strict data depen…
Fed Waller Backs September Rate Hold as Inflation Cools
Fed Governor Christopher Waller signaled support for keeping interest rates unchanged in September, provided upcoming inflation data shows continued progress. While acknowledging policy remains mildl…
US Mortgage Rates Climb to 6.76% as Inflation Risks Prompt Fed Hike Fears
US 30-year fixed mortgage rates climbed to 6.76% amid persistent inflation and surging oil prices. With CPI running well above target and potential Fed rate hikes looming, housing affordability strai…
Fed's Barr Signals Support for Rate Hikes as Inflation Stalls
Fed Governor Michael Barr signaled readiness to support interest rate hikes if inflation fails to moderate toward the 2% target. With odds rising for a September tightening, Barr's comments echo othe…
Fed Chair Warsh Signals Rate Hikes at Jackson Hole; USD Soars, Gold Drops
Federal Reserve Chair Warsh delivered a hawkish speech at Jackson Hole, emphasizing the need for further interest rate hikes to combat persistent inflation. While acknowledging potential long-term AI…
Fed's Warsh Signals September Rate Hike; USD Surges, Stocks Dip
Fed Chair Warsh signaled a likely September interest rate hike to combat inflation, defying political pressure. Market odds for a hike jumped to 60%. Warsh also aims to stabilize bond yields, while l…
Hawkish Warsh Signals Fed Inflation Fight Ahead, Boosting USD
New Fed Chair Kevin Warsh signaled a strong commitment to curbing "quite elevated" inflation at the Jackson Hole symposium, despite a robust economy. While not explicitly confirming a September rate …
Fed's Warsh Delivers Hawkish Jackson Hole Speech; Rate Hike Odds Spike
Federal Reserve Chair Warsh delivered a hawkish message at Jackson Hole, causing markets to significantly increase the probability of a September rate hike. Strong labor market data and persistent in…
Dollar Surges as Fed Chair Warsh Signals Potential Interest Rate Hikes
The US dollar rose across major pairs after Federal Reserve Chair Warsh indicated that interest rate hikes may be necessary if inflation does not cool, significantly increasing market expectations fo…
Fed's Warsh Hints at Rate Hikes; Dollar Surges, Gold Dips
Federal Reserve Chair Kevin Warsh signaled potential interest rate hikes to combat inflation, causing short-term Treasury yields to rise and the US dollar to strengthen. Markets are pricing in a high…
Hot US PCE Data Lifts Fed Hike Bets, Bolstering Dollar
Hotter-than-expected US PCE inflation data has increased the probability of a September Fed rate hike, supporting the US Dollar. While the ECB is expected to continue tightening, BoE tightening expec…
US PCE Inflation Holds at 3.7% Stoking Fed Rate Hike Fears
U.S. July PCE inflation unexpectedly held steady at 3.7% year-over-year, topping forecasts of 3.6%. The sticky inflation print, coupled with escalating U.S.-Canada tariffs, fuels debate over potentia…
Jackson Hole Looming: Hawkish Fed Risks Trigger Market Jitters and Yield Spikes
Markets brace for hawkish messaging at the Jackson Hole Symposium as Fed leadership navigates high bond yields and persistent inflation risks. Analysts expect cautious, data-dependent guidance rather…