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US Fed on 'knife edge' as oil prices heap pressure on inflation risk
1+ hour, 2+ min ago (811+ words) Traders expect the US Federal Reserve to raise interest rates this week to clamp down on energy-induced inflation driven by the Iran war. Nearly 90 per cent of traders believe the US central bank will raise interest rates by 25 basis points…...
US Fed Faces Interest Rate Hike Pressure Despite Trump Demand
1+ hour, 23+ min ago (218+ words) Whalesbook The Federal Reserve, led by Chair Kevin Warsh, is approaching a critical policy meeting on September 15â16 President Donald Trump has publicly urged the central bank to lower interest rates, arguing that the U.S should secure more favorable borrowing…...
Fed’s First Rate Hike in Three Years Looms Amid Sticky Inflation and Resilient Jobs
1+ hour, 37+ min ago (900+ words) Adding to the Fed’s resolve is the labor market’s surprising robustness. August’s unemployment rate held steady at 4.1%, a level consistent with a healthy economy, while nonfarm payrolls expanded by approximately 162,000 jobs, slightly above expectations. This steady job growth suggests that…...
South Florida truck fleets get squeezed as diesel nears record, food bank's fuel bill hits $121,000
7+ hour, 44+ min ago (402+ words) Rising diesel prices are putting pressure on South Florida's trucking networks — and the effects are extending far beyond freight companies. For Feeding South Florida, the spike has turned a routine operating expense into a growing threat to food deliveries across…...
Tackling the renewed inflation
10+ hour, 29+ min ago (901+ words) Punch Newspapers Tackling the renewed inflation Prof. Sheriffdeen Tella (Lecturer, Department of Economics, Olabisi Onabanjo University) and David Adonri (Chief Executive Officer, High Cap Securities Limited) Kindly share this story: Every time we talk about the cost of living, we’re…...
All eyes on US Fed to tackle high inflation
14+ hour, 57+ min ago (96+ words) Forex Factory This report will be sent to all Website Coordinators and the appropriate action will be taken within 24 hours. The Website Coordinators rely entirely on traders like you to ensure Forex Factory remains a healthy trading environment; thank you…...
US diesel prices hit record $6.20/gallon, up 78% in nine months
13+ hour, 10+ min ago (77+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Fed Faces Rate Hike Test as Inflation Stays High | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN
1+ day, 1+ hour ago (476+ words) The US Federal Reserve enters a key rate-setting meeting this week with financial markets expecting policymakers to raise interest rates to tackle persistent inflation, putting new Fed Chair Kevin Warsh's credibility under scrutiny. The US economy has faced years of…...
US diesel hits record $5.98 as Iran war drives up costs from milk to lumber
17+ hour, 14+ min ago (599+ words) AAA says the national average for diesel reached an unprecedented $5.98 per gallon on September 10, a new high for a fuel whose effects stretch well beyond filling stations. The increase is likely to reach people who never purchase diesel directly, showing…...
US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods
17+ hour, 30+ min ago (949+ words) The national average of nearly $6.06 is up from $5.85 last week and almost $3.71 this time last year, according to motor club AAA. Higher diesel prices mean more expensive transportation for a long list of everyday goods. That’s because diesel is used…...