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investingLive Americas market news wrap: Fed hikes rates for the first time in three years

investinglive.com · 3hShare

Fed's Warsh: The economy appears to be strengthening Fed dot plot signals another 2026 rate hike as growth strengthens and inflation remains elevated The full statement from the Federal Reserve Board for September 2026 FOMC rate decision: Fed hikes for the first time in three years BOC summary of deliberations: Governing Council agreed near-term inflation likely to stay elevated Atlanta Fed GDPNow estimate for Q3 growth jumps to 5.1% from 4.4% US July business inventories +0.8% vs +0.3% expected NAHB Housing market index for September 32 vs 34 estimate US August advance retail sales +1.2% vs +0.8% expected Canada Building permits for the month of July -17.3 vs -6.4% estimate Markets: Gold down $38 to $4254 US 10-year yields up 1 bps to 5.00% US 2-year yields up 6 bps to 4.72% WTI crude oil down $3.29 to $102.54 USD leads, NZD lags S&P 500 down 1.0% The Fed's credibility remains intact. The nightmare scenario today was a politically-motivated rift at the Fed based on pressure from the W

First report: investingLive Americas market news wrap: Rising oil overshadows the Fed decision — investinglive.com, 1d