22 result(s) for “Economy”
Federal Reserve Governor Christopher Waller said on Oct 8 that additional interest rate increases will probably be needed to bring inflation back to 2 percent, while stressing flexibility on timing and leaving open the possibility of holding rates at the Fed’s October meeting. The remarks pushed markets to reassess the path of policy and sharpened focus on data between now and December.
Minutes from the Federal Reserve’s Sept. 15-16 meeting, released Oct. 7, 2026, show officials judging that another interest rate increase is likely needed to prevent sector specific price shocks from broadening into persistent inflation. The guidance tightened market expectations for higher borrowing costs later this year and sharpened debate over growth risks for the United States economy.
Long term U.S. borrowing costs have stayed near multi decade highs as the 10 year Treasury yield hovers above 5 percent. This week s slate of large note and bond auctions will be watched closely for signs the Treasury can absorb supply without pushing yields higher.
As OPEC+ holds a scheduled meeting on October 4, 2026, U.S. firms and policymakers are bracing for decisions that could keep refined fuel prices elevated, intensifying inflation pressures for transport, logistics and manufacturing and complicating the Fed’s policy calculations.
Essendant’s WARN filings that set Oct. 3, 2026 as the effective date for closures in six states have gone into effect, removing about 1,278 positions and leaving communities and local workforces scrambling to respond.
Premium air travel is proving resilient despite higher ticket prices and global travel disruption, with Air France reporting an 11% increase in revenue from its premium cabins as affluent travellers continue spending on first and business class.
Investors withdrew $23.21 billion from global equity funds in a single week, the biggest outflow in nine months, as higher oil prices, inflation concerns and rising interest rates pushed markets towards caution.