Finance ministers and central bank governors from BRICS nations have issued a joint statement demanding significant reforms to the International Monetary Fund and other major international...
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Month: September 2026
Dollar Holds Ground Even as Inflation Pressures and Oil Prices Weigh on Markets
The U.S. dollar has been strengthening in recent trading, a notable move given that elevated inflation and rising oil prices would typically be expected to complicate...
Stubborn Inflation Data Strengthens Case for Fed Rate Increase
A firmer-than-expected inflation reading has added pressure on the Federal Reserve to raise interest rates, complicating hopes that policymakers might hold borrowing costs steady in the...
Bank of Japan Expected to Raise Rates to 1.25%, With Global Markets Watching Closely
The Bank of Japan is widely expected to lift its benchmark interest rate to 1.25% at its upcoming policy meeting, a move that could send ripples...