Fed Faces October Pause as Inflation Keeps December Hike in Play
The Fed’s October 28 decision puts an expected pause against persistent inflation, with BofA favoring an immediate hike and Goldman and Citi looking to December.
Stay informed about the world’s most influential monetary authorities. This section covers decisions by the Federal Reserve, ECB, BOJ and other central banks, with analysis of interest rate moves, policy statements and market reactions. We help readers understand how monetary policy affects currencies, bonds, equities and economic growth globally, giving timely insights into one of the key drivers of financial markets.
A Reuters poll finds 94 of 100 economists expect an October Fed hold, while all forecast a December increase as inflation pressures persist.
US inflation rises to 3.7% and core CPI reaches 2.6%, lifting Treasury yields as the Fed weighs further rate increases before its October meeting.
The Bank of Japan raised its benchmark interest rate by 25 basis points to 1.25%, accelerating its tightening cycle while leaving a wide rate gap with...
Wall Street is overwhelmingly preparing for the Federal Reserve to raise interest rates in September, with 19 of 22 major forecasters expecting a hike as persistent...
The S&P 500 fell 1.2% following Kevin Warsh’s first Federal Reserve meeting as chairman, marking the worst market reaction to a new Fed chief’s debut meeting...
The Bank of Japan raised its benchmark interest rate to 1%, the highest level in more than three decades, as policymakers respond to persistent inflation and...
Federal Reserve nominee Kevin Warsh revealed over $100 million in assets, including stakes in crypto and tech ventures, raising questions about potential policy implications.
Traders are betting the Federal Reserve will keep interest rates unchanged through 2026 following the latest inflation data. CPI figures showed moderating but still elevated price...
U.S. prosecutors have launched a criminal investigation into Federal Reserve Chair Jerome Powell over disclosures tied to a headquarters renovation, escalating political pressure on the central...