South Africa’s central bank has raised its benchmark interest rate to 7.25%, citing inflation pressures that have intensified alongside broader geopolitical tensions in the Middle East....
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October 9, 2026
Tag: oil prices
Stocks Pull Back as Rising Bond Yields and Oil Prices Weigh on Markets
U.S. stocks slipped in recent trading after bond yields climbed, pushed higher by rising oil prices and a stronger-than-expected economic report. The combination revived concerns that...
Global Economy Holds Steady Despite High Oil Prices, OECD Finds — but Risks Remain
The world economy has so far absorbed elevated oil prices without a major slowdown, the OECD said in its latest assessment, though the international body cautioned...
Oil Price Shock Adds Fresh Strain to a Slowing World Economy
A sharp move in oil prices is amplifying pressure on the global economy, complicating the task of central banks already wrestling with sluggish growth and lingering...