Tag
#interest rates
Federal Reserve minutes show split over 2026 rate path
Federal Reserve minutes from June showed stronger inflation concern and no immediate support for cuts, keeping the 2026 rate path divided.
Fed rate hike odds hit 52% as Trump pressures Warsh
Fed rate hike odds jumped to 52% after strong jobs data as Trump pressured Kevin Warsh before his first FOMC meeting.
Fed rate hike risk returns as Hammack warns on inflation
Fed rate hike risk is back after Beth Hammack said inflation may force tighter policy, complicating the June hold case.
Consumer inflation expectations complicate Warsh's Fed
Consumer inflation expectations are rising just as Kevin Warsh takes over, making Fed rate cuts harder even if the oil shock fades.
Fed rate cuts 2026: Nomura sees none as inflation stays sticky
Fed rate cuts in 2026 are looking less likely after Nomura dropped its easing call, citing sticky inflation, firm jobs data and a hawkish backdrop.
RBI Weighs Rate Hike as Rupee Slides Toward 97 Per Dollar
The Reserve Bank of India is weighing an emergency interest rate increase alongside currency swaps and dollar-raising measures to arrest the rupee's slide after it hit a fresh low of almost 97 per dollar this week.
Jamie Dimon Warns Interest Rates Could Go 'Much Higher' After Bond Selloff
Jamie Dimon warned interest rates could climb much higher from current levels, hours after FOMC minutes showed a majority of Fed officials open to further rate hikes.
Fed Minutes: Rate Hikes Ahead If Inflation Persists
A majority of Fed officials are open to rate hikes if inflation persists, FOMC minutes show, handing Kevin Warsh a hawkish committee days before his swearing-in.
Markets price Fed hike by January after hot inflation
Traders shifted from betting on Fed cuts to pricing a 60 per cent chance of a 25-basis-point hike by January after hotter inflation forecasts and rising Treasury yields.
The ECB and BoE Are Unlikely to Rush With Rate Hikes
Europe's two largest central banks kept borrowing costs on hold at their April meetings, but the direction of the next move is no longer ambiguous. Rising energy prices and sticky services inflation are forcing Frankfurt and Threadneedle Street to confront a question neither wants to answer: how much growth are they willing to sacrifice to keep inflation expectations anchored?
Warsh confirmed: 12 Fed voters gather as Powell's final meeting looms
Kevin Warsh joins the FOMC this week after a 51-45 Senate confirmation, taking a seat at the table just three days before Jerome Powell's term as chair expires. With April inflation at 3.8% and Iran-driven energy costs still climbing, the 12 voting members are almost certain to hold rates steady.
Warsh Confirmation Meets 3.8% CPI as Rate-Hike Bets Eclipse Cuts
The April consumer price index rose 3.8 per cent year-over-year, beating every Wall Street estimate as Kevin Warsh's Senate confirmation vote approaches. Markets now price a greater than 50 per cent chance of a rate increase by January 2027, upending the rate-cut mandate that defined his nomination.
Senate advances Warsh Fed nomination as inflation pressures mount
The Senate voted 49-44 on Monday to advance Kevin Warsh's nomination as Federal Reserve chair, setting up a May 15 confirmation vote that would hand him a central bank grappling with 3.3% inflation and an impatient White House.
The ECB held rates in April. A June hike now looks like the baseline.
Eurozone inflation jumped to 3.0 percent in April, driven by an Iran-conflict energy shock, and ECB policymakers are signaling the first rate hike since the easing cycle is coming in June.
BofA rules out rate cuts before second half of 2027 on sticky inflation
Bank of America Global Research has scrapped its forecast for Federal Reserve rate cuts in 2026, pushing the first reduction to the second half of 2027 as core inflation holds at 3.3 per cent and an Iran-driven energy shock keeps the central bank on the sidelines.
Fed is running out of reasons to cut rates
A stable labour market, sticky inflation above 3 per cent, and a rapid sell-side pivot away from rate-cut forecasts have eroded the Federal Reserve's case for easing. The debate on the FOMC has shifted from how fast to cut to whether the next move is a hike.
Powell holds rates 3.5-3.75%, ties inflation to Trump tariffs in farewell
Federal Reserve Chair Jerome Powell held rates steady at 3.5 to 3.75 per cent on April 29 and pinned elevated inflation on Donald Trump's tariffs. He told reporters he will stay on as governor through January 2028.
Goldman delays Fed rate cut path to December as Iran shock persists
Goldman Sachs has pushed back its forecast for the Federal Reserve's 2026 rate cuts to September and December, citing oil-driven inflation from the US-Iran war. The shift aligns the bank with the Fed's own dot plot and the Wall Street consensus that easing will arrive late.
Boston Fed's Collins warns Iran conflict will keep rates elevated into 2027
Boston Federal Reserve Bank President Susan Collins backed the FOMC's hawkish dissenters on Wednesday, warning that the Iran conflict is fuelling persistent inflation through energy-price shocks and that interest rates should stay on hold for an extended period.
Cleveland Fed's Hammack says rates likely on hold 'for quite some time'
Cleveland Fed President Beth Hammack said US interest rates are likely to stay on hold for an extended period, citing sticky inflation, the Iran war and what she called an inflationary mindset taking root among American businesses.
Trump's rate-cut wishlist runs into Iran inflation and his own tariffs
President Trump wants the lowest interest rates in the world but faces 3.3% inflation, a Strait of Hormuz crisis, and his own tariff regime. The Fed is expected to hold in June.
Bank of America sees no Fed rate cuts until second half of 2027
Bank of America Global Research no longer expects the Federal Reserve to cut interest rates this year, pushing its forecast for the next reduction to the second half of 2027. Sticky inflation at 3.3 per cent and April's stronger-than-expected jobs report have shifted the outlook.
US mortgage rates rise to 6.43% as Iran conflict keeps bond yields elevated
The average 30-year fixed mortgage rate rose to 6.43 per cent as of May 7, extending a climb that began in March, as the Iran conflict and persistent inflation kept upward pressure on the 10-year Treasury yields that drive home-loan pricing.
30-year Treasury yield tests 5 per cent as oil, growth and rate fears converge
The 30-year Treasury yield tested the 5 per cent threshold this week, climbing to its highest level since 2023 as oil, growth and rate fears converged.
ECB heads into June split as Villeroy pushes back on Frankfurt hawks
Banque de France governor François Villeroy de Galhau told an audience in Paris that the next ECB move should track the data, not the calendar, in a public pushback at Bundesbank president Joachim Nagel and Austria's Martin Kocher, who had effectively lined the Council up for a 25 basis point hike on 5 June.
