- Aug 28
Fed chair Kevin Warsh warns of potential interest rate hikes as US inflation reaches 3.7%
Speaking at the Jackson Hole symposium, Federal Reserve Chair Kevin Warsh warned that the US central bank will raise interest rates if consumer price increases do not slow toward the 2.0% target.
- Aug 27
Global bond yields surge to multi-year highs as Middle East fighting lifts oil prices
Sovereign bond yields climbed in the United States, Japan, and Australia on Wednesday as renewed U.S.-Iran conflict pushed crude prices above $95 a barrel, increasing market expectations of interest-rate hikes.
- Jul 29
US Federal Reserve holds rates at 3.5-3.75% for fifth meeting as three officials dissent, backing a hike
The Federal Reserve left its benchmark interest rate unchanged on Wednesday at 3.5-3.75%, extending the pause that began in January. Nine of the twelve FOMC members backed the decision while three voted for a quarter-point increase, breaking the unanimity seen in June.
- Jul 2
Fed Chair Warsh pledges independence, inflation fight, and data reforms at Sintra forum
Federal Reserve Chair Kevin Warsh used his first international speech to double down on the 2% inflation target, reject political pressure, and outline plans to overhaul the Fed's data and decision-making.
