Inflation

The Federal Reserve voted 10-2 to hold interest rates steady despite September consumer inflation accelerating to 3.7 per cent, sparking internal dissent.

The Federal Reserve prepares to issue an interest rate decision as rising inflation and political pressure create high stakes ahead of the midterm elections.

Over 70 million Americans will see a 3.6% Social Security benefit increase beginning in January, but advocates warn the bump fails to cover rising prices.

The Reserve Bank of India raised its benchmark repo rate to 5.50 per cent and lifted its FY27 real GDP growth forecast to 7.1 per cent amid inflation concerns.

The RBA has delivered its fourth rate hike of 2026 to combat persistent inflation and global energy shocks. Mortgage holders face higher repayments while savers benefit from higher deposit rates.

The Bank of England maintained the base rate in a 6-3 split vote, balancing rising energy costs and inflation against the risk of stifling economic recovery.

The Federal Reserve has implemented its first interest rate hike since 2023, signaling a potential prolonged tightening cycle as inflation remains above target.

Brent crude surpassed $100 per barrel following renewed military clashes between the U.S. and Iran, severely disrupting global shipping in the Strait of Hormuz.

The S&P 500 closed at a record high driven by easing inflation data and strong gains in technology stocks, boosting hopes for a Fed rate pause.