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Category Inflation News

Fed Minutes Pressure Bitcoin as Hawkish Rate Risks Return

Fed Minutes Pressure Bitcoin as Hawkish Rate Risks Return

In Brief Fed Chair Kevin Warsh floated cutting FOMC meetings to six a year. Three officials dissented for a hike, and many saw more tightening ah...
M&G Backs Korean Bond Market Rally: Are Rate Hike Fears Overdone?

M&G Backs Korean Bond Market Rally: Are Rate Hike Fears Overdone?

In Brief M&G says Korean bond yields have priced in too many rate hikes. AI tax windfall may let Seoul cut bond issuance, M&G said. Bloomberg repo...
Republicans Face Midterm Test as Voters Sour on Trump Economy

Republicans Face Midterm Test as Voters Sour on Trump Economy

In Brief 53% of US registered voters say they are financially worse off under Trump. Some 64% disapprove of his inflation handling, including a th...
Chief Economist Says Fed Won’t Hike Rates If Oil Holds Near $80

Chief Economist Says Fed Won’t Hike Rates If Oil Holds Near $80

In Brief Jeremy Siegel said a September Fed rate hike is unlikely if oil stays near $80. The Wharton economist cited cooling CPI and PPI data behi...
S&P 500 Hits Record High 7,799 as Cool Inflation Data Lifts Rate-Cut Hopes

S&P 500 Hits Record High 7,799 as Cool Inflation Data Lifts Rate-Cut Hopes

In Brief The S&P 500 closed at a record 7,799 on Thursday. Producer prices held flat in July, easing rate-hike fears. Workday jumped 18% on a repo...