Fed holds rates at 3.50%-3.75% under new Chair Kevin Warsh, but rising Middle East tensions and oil prices increase odds of a 2026 rate hike rather than cut, surprising markets expecting easing.
Economists still expect Fed rate cuts by 2027, but markets and some officials fear 2026 hikes amid sticky inflation. Iran war escalation pushed oil near $100/barrel, adding to inflation risk and macr…
Article on best CD rates notes Fed has held rates steady in 2026 with a possible rate hike more likely than a cut, suggesting hawkish monetary policy stance that could support the US dollar.
A market strategist suggests the Fed may implement multiple rate hikes in 2027, signaling potential future USD strength, tighter monetary policy, and headwinds for equities and gold.
New Fed Chair Kevin Warsh downplayed June's cooling inflation as 'one data point,' signaling rate hikes remain likely this year despite improving CPI figures, per CME FedWatch data.
Fed Chair Warsh signals no rate cuts and possible hikes to fight inflation, with futures markets pricing an 80% chance of a hike before year-end. This hawkish stance could strengthen the USD, pressur…
Multiple Fed officials, including Waller, Logan, Hammack, and Jefferson, signal openness to rate hikes if inflation persists above target. July hike unlikely (14.4% odds), but September hike risk ris…
BofA and Fed officials project 2026 rate hikes amid rising inflation forecasts, favoring regional bank ETFs like KRE via wider net interest margins. Broader implications include a firmer USD and pres…
BofA posted strong Q2 earnings driven by resilient consumer spending, but its economists now forecast 75bps of Fed rate HIKES over 12 months due to sticky inflation near 2023 highs, diverging sharply…
US factory output was flat in June but grew 4.7% annualized in Q2, the fastest in five years, fueled by AI-related spending and inventory build-up ahead of tariff/war-related price risks.
US equity indices show modest gains with S&P 500 up 0.37% and Dow Jones up 0.58%, while EURUSD weakens 0.07%, indicating dollar strength and risk-on sentiment.
U.S. equity markets showed mixed strength with the S&P 500 gaining 0.37% and Dow Jones rising 0.58%, while the euro weakened against the dollar by 0.05%.
Canadian dollar weakened 0.2% to 1.3822, its lowest since April 13, as retail sales grew 0.9% in March driven by higher gasoline prices from Iran war tensions. Softer inflation data reduced Bank of C…