A central bank kept its benchmark interest rate unchanged at its latest policy meeting, even as officials flagged that rising energy prices and higher memory chip...
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October 9, 2026
Tag: energy prices
Federal Reserve Holds Rates Steady, Points to Elevated Inflation
The Federal Reserve kept its benchmark interest rate unchanged at its latest policy meeting, citing inflation that remains above its target. Officials pointed to supply-side pressures,...
Fed Warns of Renewed Inflation Pressure From Tariffs, Energy Costs, and AI Spending
Federal Reserve officials are flagging a pickup in inflation, pointing to tariffs, rising energy costs, and surging investment in artificial intelligence as forces pushing prices higher....
Strait of Hormuz Risk Rises as Iran-U.S. Tensions Escalate
Heightened rhetoric and reported exchanges of attacks between Iran and the United States are drawing fresh attention to the Strait of Hormuz, the narrow waterway through...