“FOMC” — 48 distilled results

Trump attacks Federal Reserve over interest rate hike

Beginning September 16, 2026, President Donald Trump publicly criticized the Federal Reserve after it raised interest rates by 0.25 percentage points, demanding rates be cut to 1% or less and calling current rates "artificially high." GOP senators defended the Federal Reserve's independence despite Trump's pressure.

Treasury yields ease from multi-year highs

US Treasury yields, particularly the 30-year rate, pulled back from multi-year highs on August 19, 2026, as a broad sell-off at the long end of the curve eased investor concerns ahead of Federal Reserve meeting minutes.

rss:cnbc-top 41d ago

Trump administration and White House criticize Fed rate hike decision

Following the Federal Reserve's September 16 rate increase, White House adviser Peter Navarro called it "a bad decision" on September 17, while President Trump claimed he told Fed Chair Kevin Warsh to act independently but suggested doubt about Warsh following his directions. Global bond markets calmed after Warsh's inflation-fighting commitment.

rss:thehill 12d ago

Tech firms warn of rising AI-enabled cyberattack threats globally

On 27–28 August 2026, OpenAI led an open letter signed by nearly 130 organizations—including Anthropic, Microsoft, Google, Amazon, and Cisco—warning of escalating AI-enabled cyberattacks and urging coordinated global cyber defenses. The coalition cautioned that sophisticated AI-powered attacks could proliferate within months without coordinated action.

Oil prices fall as US and Iran pause strikes

Oil prices dropped more than 7% after the United States and Iran refrained from launching military strikes over the Strait of Hormuz, reversing two weeks of escalation that had pushed crude above $100 per barrel. The geopolitical de-escalation boosted equity markets including Canada's TSX.

rss:irishtimes 64d ago