Business

Markets, central banks, inflation, energy and corporate news, with analysis of what it means for your money.

Fed Meeting Preview: Will Warsh’s Fed Raise Rates Again This Week?

Hot inflation data and $100 oil have put a second consecutive hike on the table, but slowing growth gives the doves an argument.

Attacks on Gulf infrastructure, Ukrainian strikes on Russian refineries and falling US inventories combined to push crude to its highest since May.

At the first Annual Meetings in Thailand since 1991, the IMF warned that resilience is nearing its limits as war, energy prices and AI risks collide.

The world’s largest contract chipmaker beat estimates again as AI data-centre spending kept its most advanced factories running at full tilt.

Headline CPI beat forecasts as energy costs soared, raising the odds of another Fed rate hike at the October 27–28 meeting.

In a 12–0 vote, the Federal Reserve lifted its policy rate to a 3.75%–4% range, signalling that the inflation fight is back as energy prices surge.