A divided Federal Reserve held interest rates steady days before the 2026 midterms, while Democrats claimed control of Congress and pledged tougher oversight of the Trump administration.
Veteran strategist Ed Yardeni says cooling inflation and productivity gains make 10-year Treasuries a buy, even as yields hover near 2002 highs.
Policymakers are expected to keep borrowing costs unchanged despite energy-driven inflation, with France's fiscal strains and questions over the bank's leadership clouding the outlook.
Two officials dissented for a hike, and investors expect a December increase as Chair Kevin Warsh explains the pause ahead of midterms.
University of Michigan's final October reading of 48 underscores household frustration over high prices, with high earners now pulling back ahead of the Fed decision and midterms.
Chancellor unveils £150m northern fund, courts EU on industry scheme and defends low capital gains tax rates ahead of Oct. 28 budget
Fresh inflation readings spark disagreement over a soft landing versus a hard one — and shift the outlook for 2027 Social Security checks.
India's central bank raises its benchmark rate by 25 basis points as inflation creeps up; Governor Sanjay Malhotra says rate cuts are off the table for now.
RBI pivots toward tightening as inflation broadens, growth holds up and the rupee weakens, with officials signaling more hikes may follow
Payrolls fell short of forecasts and unemployment likely held steady, sending gold lower and Treasury yields higher as employers turn cautious.