More and more data points to the fact that tight lending and monetary policy have peaked and are now effectively bringing down inflation. But as major central banks prepare to announce decisions next week, the Federal Reserve and Bank of England won't want to support the recent surge in rate-cut expectations in financial markets.

Global central banks pushing back on rate cut expectations; why?

The Federal Reserve in its latest monetary policy decision again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank’s target. In a widely expected move, the fed’s rate-setting group unanimously agreed to hold the key federal funds rate in a target range between 5.25%-5.5%, where it has been since July.

US Fed keeps interest rates unchanged

Asian stock markets kicked off the day with a positive note, opening in the green, while U.S. stocks faced losses for the third consecutive month. Oil prices made a marginal climb, and the price of gold dropped below $2,000 per ounce. These market dynamics set the stage for a day filled with economic activity and events to watch closely.

Global Markets Roundup | Markets await US Fed`s monetary policy decision today

Oil prices fell on Thursday after a rise in US crude stockpiles and a climb in the dollar index, giving up some ground gained a day earlier when prices jumped on Middle East tensions.

Oil prices climb as West Asian tensions rise

The onset of the embargo contributed to an upward spiral in oil prices with global implications. The price of oil per barrel first doubled, then quadrupled, imposing skyrocketing costs on consumers and structural challenges to the stability of whole national economies.

Flashback Friday: The 1973 oil crisis

The Federal Reserve Board opened up its Threads and Instagram accounts on Monday in an effort to make its news and instructional materials more easily accessible. Chair Jerome H. Powell will make a little greeting video the first post on Instagram. Instagram posts typically consist of images, videos, answers to frequently asked questions, information for economic education, and more.

From Secrecy To Sharing: FED's Instagram journey

The Fed, The Bank of England, and the Bank of Japan are in the spotlight this week. Private sector PMIs also need consideration as recession fears grow.

The week ahead: FED decision the epicenter of global markets

The United States Federal Reserve has decided to keep its benchmark interest rate at 5.25 in its most recent policy statement. Jerome Powell, the chair of the Federal Reserve, has established a noticeably hawkish tone, though, which has caused tremors in the financial markets.

US Fed's hawkish tone shakes Indian markets

The United States Federal Reserve made a significant announcement, holding interest rates steady but indicating a wary stance. The announcement was made at a news conference by Federal Reserve Chair Jerome Powell.

FED holds rates steady but signals hawkish shift

The Federal Reserve may need to raise interest rates further to ensure inflation is contained, Fed Chair Jerome Powell said on Friday, nodding both to easing price pressures and the surprising overperformance of the U.

Fed's Powell says higher rates may be needed, will move 'carefully'

The financial world is on high alert as the federal reserve gears up for a crucial policy meeting. After a breather in June, the central bank is all but certain to raise interest rates by 0.25% this week, setting the stage for its 11th rate hike in just 18 months. The Fed's two-day policy meeting is set to kick off today, and the central bank is expected to announce its monetary policy decision on Wednesday.

US FED reserve set for 11th rate hike

There's a big update on rate hikes from the US FED chair jerome powell has said that rate hikes may continue but added that they may happen at a slower pace.

US FED chief hints at future rate hikes

Here we bring you a quick round-up of all the latest news and top headlines from all across the globe: The US Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite "elevated" inflation while indicating a sharp increase could be needed before the end of the year.

US Fed Rate: Federal Reserve pauses rate hikes for the first time in 15 months

The US Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite "elevated" inflation while indicating a sharp increase could be needed before the end of the year.

US Federal reserve pauses rate hikes but signals more tightening ahead

Amid the failure of Silicon Valley Bank, subsequent disruptions to the banking system, and stubborn inflation, the Federal Reserve has some tough questions to answer on the future of interest rates. After ten straight meetings where it raised interest rates, the Fed took a breather on raising rates at its June 13-14 meeting.

US Fed pauses rate hike: How will it impact the markets?

Oil prices fell 4% on Wednesday, extending steep losses from the previous session after the U.S. Federal Reserve raised interest rates and as investors fretted about the economy. Brent futures settled $2.99 lower, or 4%, to $72.33 a barrel, the global benchmark's lowest close since December 2021.

Oil falls 4%, extending losses after Fed rate hike

Ahead of the Fed, the US dollar has generally fallen vs. the euro this year, but there are signs EUR/USD may be losing its bullish momentum after a failed breakout to 1-year highs.

US: Fed poised to hike, but will it be the last?

It's not inflation that the US Fed needs to worry about but also banks' contagion risks after the collapse of Silicon Valley Bank, Signature Bank, and Silvergate Capital due to illiquidity. WION tells you how Fed is walking tightrope between inflation and bank turmoil.

US Fed chair walk a tightrope this year?

The Federal Reserve is taking its foot off the brake a little bit more. However, it seems ill-prepared to press the economy's gas pedal. As anticipated, the Fed increased its benchmark short-term interest rate by a quarter of a percentage point on Wednesday, reversing a half-point increase in December and recognising a historic inflation spike is fading.

US: Fed approves 0.25% rate increase, Powell suggests 'couple' more hikes coming

After India's budget, the market's focus shift to the US Federal Reserve's decision later today with mounting evidence of easing inflation. Watch this report to know more.

After India's budget, the markets focus shift to US Fed decision

Former central banker and professor of finance at Chicago's Booth School of Business, Raghuram Ranjan has expressed concerns over global central banks' framework of handling inflation.

Global central banks' credibility at risk over rising inflation: Raghuram Rajan

The U.S. Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signalling more hikes to come.

World Business Watch: U.S. announces 7th interest rate hike of 2022

US Federal Reserve on Wednesday (December 14) increased benchmark lending rate by half percentage point as it appeared to moderate its all-out campaign to cool US inflation.

Fed lifts benchmark rate by half percentage point

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