US Stock Market: Trump backs Warsh as Fed’s hawkish tilt raises rate hike odds
President Trump endorsed Fed Chair Kevin Warsh even as the two disagree on rate policy, after the Fed held rates steady but saw internal FOMC support for a hike. Financial markets are now pricing in a potential rate increase at the September Fed meeting.
25d ago · 3 min · Markets
Mortgage rates hit highest level in a year amid inflation fears
US mortgage rates have risen to a one-year high as markets weigh Federal Reserve rate uncertainty and Middle East conflict-driven inflation fears. Higher rates increase monthly payments for new buyers and are likely to further suppress housing market activity and refinancing.
28d ago · 3 min · Economy
US Fed Meeting 2026 Live: Dow Plunges 900 Points As Traders Turn Jittery Over Oil Spike, Rate Hike Fears
The Dow Jones dropped roughly 900 points ahead of the US Federal Reserve's July 2026 rate decision as rising oil prices stoked fears of a more hawkish signal from Fed Chair Kevin Warsh. Rate-sensitive stocks and broader equities sold off as traders cut risk before the Fed's announcement.
29d ago · 3 min · Markets
Dow Jones Plummets 1,100 Points As Bears Grip Wall Street After Fed's Rate Pause
The Dow Jones fell over 1,100 points, or 2.1%, on July 30, 2026, with the sharpest drop arriving after Fed Chair Kevin Warsh's press briefing following the central bank's decision to hold rates steady. The selloff signals investors see little prospect of rate cuts arriving soon, putting broad pressure on equities.
29d ago · 3 min · Markets
US Fed meeting: Can the central bank delay rate hikes? How could a surprise hike impact Indian stock market?
The US Federal Reserve meets this week with markets debating a rate hold versus a surprise hike. A hike would strengthen the dollar, pressure the rupee, and trigger foreign capital outflows from Indian equities and bonds.
1mo ago · 4 min · Markets
Wall Street Week Ahead: US stocks face tests from Fed decision, tech-led earnings deluge
Wall Street faces a high-stakes week as the Federal Reserve delivers its latest interest rate decision alongside earnings from major technology and AI companies. The combination could set the tone for US equity markets through the second half of 2026.
1mo ago · 3 min · Markets
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation hit 4.1% in May 2026, its highest level in three years, driven by rising energy prices, keeping a Federal Reserve rate hike in September firmly on the table. Consumer spending rose on tax refunds and a stock market rally, while business investment in AI equipment also rebounded.
2mo ago · 3 min · Economy
Gold poised for fourth weekly loss as hawkish Fed bets buoy dollar
Gold is on track for a fourth consecutive weekly decline as rising U.S. rate-hike bets strengthen the dollar, pressuring the metal's price. A fragile U.S.-Iran agreement and a Strait of Hormuz incident add geopolitical risk but have not been enough to offset the dollar's pull.
2mo ago · 3 min · Markets
Why gold didn’t behave like a safe-haven
Global gold prices have dropped 22% since February 2026, defying the metal's safe-haven reputation. High real interest rates, a stronger US dollar, and heavy investor outflows from gold ETFs are driving the sell-off, with no clear catalyst for a quick recovery in sight.
2mo ago · 4 min · Markets
Inflation topped 4% in May as CPI surged to highest level in 3 years
U.S. consumer prices rose at a 4.2% annual rate in May, the fastest pace in three years, driven by a spike in energy costs. The reading puts pressure on the Federal Reserve to respond, with potential knock-on effects for interest rates, borrowing costs, and household purchasing power.
2mo ago · 3 min · Economy
US inflation hits 3-year high in May as Middle East conflict raises prices of gas, energy products
US inflation rose to a three-year high in May, driven by surging gas and energy prices tied to the Middle East conflict. The reading complicates the Federal Reserve's path toward cutting interest rates and keeps pressure on household budgets.
2mo ago · 3 min · Economy
Trump on new Fed Chair Warsh: ‘I don’t want to have a big influence on him’
President Trump named Kevin Warsh as his Federal Reserve Chair pick, calling him 'fantastic' and saying he wants Warsh to set interest rates without White House pressure. Warsh, a former Fed governor with hawkish inflation instincts, could keep borrowing costs higher for longer than markets expect.
2mo ago · 3 min · Economy
Gold steady amid uncertainty over US-Iran peace negotiations
Gold held steady as a partial Hezbollah-Israel ceasefire offset uncertainty from ongoing U.S.-Iran negotiations. Investors are awaiting U.S. jobs data and Federal Reserve commentary for clearer direction on rates and inflation.
2mo ago · 3 min · Markets
US inflation jumps to 3.8% as energy costs surge from Iran war
US inflation rose to 3.8% in April, its highest since May 2023, as energy costs surged due to the Iran conflict. The jump complicates Federal Reserve plans to cut interest rates and raises costs for consumers and borrowers.
3mo ago · 3 min · Economy
Strong jobs report to keep Fed on hold as war and energy prices make inflation the bigger worry
A strong U.S. jobs report removes near-term pressure on the Federal Reserve to cut interest rates. War-driven supply disruptions and rising energy prices are now the bigger inflation threat, keeping rate cuts off the table.
3mo ago · 2 min · Economy
Fed unlikely to cut interest rates until 2027, Bank of America says
Bank of America economists now expect the Federal Reserve to hold rates steady through 2025 and 2026, with the first cut not coming until 2027. The forecast, driven by a hawkish Fed stance and sticky inflation, would keep borrowing costs high for mortgages, business loans, and consumer credit far longer than markets
3mo ago · 2 min · Economy
The Federal Reserve is quickly running out of reasons to cut interest rates
A strong U.S. jobs report has further narrowed the Federal Reserve's case for cutting interest rates, with inflation still above its 2% target. Borrowers face a longer wait for relief on mortgages, credit cards, and loans as the Fed is likely to hold rates steady.
3mo ago · 3 min · Economy
Employers added 115,000 jobs in April, blowing past forecasts
U.S. employers added 115,000 jobs in April, nearly double the 65,000 analysts had forecast. The stronger-than-expected result reduces immediate pressure on the Federal Reserve to cut interest rates and signals the labor market has not yet weakened sharply.
3mo ago · 2 min · Economy
US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
US employers added 115,000 jobs in April, beating expectations despite economic disruption from the Iran conflict. Wage growth of 3.6% year-on-year stayed in line with the Fed's 2% inflation target, reducing pressure for an emergency rate cut.
3mo ago · 2 min · Global Affairs
US Fed's Hammack says rates likely on hold 'for quite some time' amid elevated inflation
Cleveland Fed President Beth Hammack said interest rates will stay on hold for an extended period, citing high economic uncertainty and a risk that an "inflationary mindset" becomes entrenched after five years of sharp price increases.
3mo ago · 2 min · Economy