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Thursday, 15 October 2026

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Economy

Wednesday’s PCE Inflation Report May Boost Fed Hike Bets

Gold prices reversed course and edged higher on Thursday after a ​U.S. inflation reading was ​largely in line with expectations, ​easing some concerns about imminent Federal Reserve rate hikes and pushing the dollar and…

Soho House venue under investigation for food safety

A venue of private members club Soho House is being investigated by the local council after a former member of staff raised concerns about rats and out-of-date food allegedly being served.

Sentiment Slides Again, Yet US Consumers Keep Spending

For years, a household budget had a little give. A slightly higher electric bill one month could be absorbed by a slightly cheaper grocery run the next. That cushion is gone for most U.S. consumers, and the bills doing …

Fed’s Williams says no rush after September hike

The New York Fed Governor John Williams said that he “sees no need for urgency after September rate hike,” a dovish statement that pushed the US Dollar Index (DXY) modestly lower, though it remains positive in the day.

The Atlantic: Trump Agreed to Ease Sanctions Against Russia

U.S. President Donald Trump has agreed to ease sanctions against Russia in exchange for the release of prisoners, according to The Atlantic. The proposal was made by John Cole, the U.S. president’s envoy to Eastern Euro…

Australian Dollar: RBA hike to support AUD/USD – BBH

Brown Brothers Harriman highlights that the Reserve Bank of Australia delivered a widely expected 25 bps hike to 4.60%, a 15-year high, and kept the door open to further tightening. AUD/USD initially rallied on the hawk…

US yields: Real rates climb on Fed credibility – BNY Markets

BNY Markets’ John Velis observes that US real yields across the curve have risen sharply, driven more by expectations of further policy tightening than by inflation fears. Markets see the Fed and other central banks rea…

Real Yield Rise Is Not That Mysterious

Nasa is releasing a steady stream of stunning pictures of the Moon and Earth taken by the astronauts on its Artemis II Moon mission.