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Fed Chair Walsh explains the shift from a July pause to a September rate hike, driven by three key changes: strong recent economic and labor data, persistent high inflation, and reassessed economic outlook due to geopolitical risks.
Read MoreThe Federal Reserve Chair clarifies that rising Treasury yields are not due to lost market confidence, identifying three key drivers: economic strength, capital competition, and geopolitical factors.
Read MoreA PIMCO advisor highlights the significance of Fed policymakers reaching a unanimous decision on the latest rate hike. He suggests the projected 3.4% core PCE inflation may be overstated, with the duration of economic shocks being the critical unknown for future policy.
Read MoreFollowing the Fed's first rate hike in over three years, central banks in Saudi Arabia, UAE, Qatar, Bahrain, and Oman quickly raised their benchmark rates by 25 basis points. This synchronized move highlights the profound global impact of U.S. monetary policy, especially on dollar-pegged Gulf economies.
Read MoreThe Federal Open Market Committee (FOMC) unanimously voted to raise the federal funds rate by 25 basis points to a target range of 3.75%-4% in its September meeting. The move aims to combat persistently high inflation and supports the Fed's dual mandate of price stability and maximum employment. The statement noted solid economic expansion and a strong labor market, with inflation remaining the key policy focus.
Read MoreThe Fed's latest FOMC projections show the median federal funds rate forecast for end-2026 has been raised to 4.1%, up from 3.8% in June. This upward revision signals the Fed's evolving view on inflation and economic resilience.
Read MoreThe latest Fed FOMC statement indicates robust US economic expansion, with strong productivity growth and steady capital investment. This assessment provides key insights into the future direction of monetary policy.
Read MoreThe Fed's latest economic projections show slight upward revisions to median GDP growth forecasts for 2026-2028, now at 2.3%, 2.4%, and 2.2%. Unemployment rate expectations remain steady at 4.1%, indicating confidence in labor market stability and medium-term growth resilience.
Read MoreThe Fed's latest FOMC projections indicate a gradual decline in PCE inflation from 3.7% in 2026 to 2.1% by 2028, with core PCE also revised upward slightly from June forecasts.
Read MoreFollowing the latest Fed policy decision, the Dollar Index rose 0.15% to 99.83, prompting divergent moves in major currency pairs. The Euro and British Pound fell against the dollar, while the Japanese Yen posted a modest gain. Markets are closely watching the Fed's impact on global FX dynamics.
Read MoreThe U.S. Treasury convened global financial institutions to advance sanctions against Iran through "Operation Economic Pariah." The meeting aimed to disrupt Tehran's revenue streams and procurement networks, limiting its ability to fund conflicts in the Middle East.
Read MoreA senior fund manager suggests the expected Fed rate hike may be more about asserting the central bank's independence in a complex political climate than directly combating inflation. Markets are watching closely whether this marks a one-off move or the start of a tightening cycle.
Read MoreThe Federal Reserve raised interest rates by 25 basis points, marking its first hike in three years. The move shifts monetary policy into tightening mode, with markets now focused on the pace of future increases and their economic impact.
Read MoreThe latest Fed dot plot reveals a median projection among policymakers pointing to one additional rate hike in 2026. This signal, exceeding some market expectations, offers crucial insight into their long-term inflation and policy outlook.
Read MoreA key U.S. House committee has approved the Digital Asset Tax Certainty Act, aiming to simplify crypto taxation by creating a de minimis exemption for small payments. The bill faces a tight legislative calendar and some Democratic opposition, despite broad bipartisan support.
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