US Fed minutes signal another rate hike by year-end as inflation stays high

Economic Times - Oct 7, 2026

According to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to ongoing inflation challenges. With inflation reaching a high of 7.2% in June 2022, fluctuations have continued amid worries over geopolitical events and escalating energy costs. The Fed faces the complex task of controlling inflation while ensuring stable employment within the economy.

Read full article
More News
CJI Surya Kant says SC will examine plea seeking recall of split verdict on poll panel law
Oct 7, 2026
CJI Surya Kant says SC will examine plea seeking recall of split verdict on poll panel law

The Supreme Court will examine an application seeking recall of its September 23 split verdict on challenges to the 2023 law governing appointment of the Chief Election Commissioner and Election Commissioners. The plea concerns Justice Satish Chandra Sharma’s son appearing for the Election Commission before the Madhya Pradesh High Court.

Nancy Guthrie update: What do the newly revealed ransom emails indicate about the Nancy Guthrie investigation?
Oct 7, 2026
Nancy Guthrie update: What do the newly revealed ransom emails indicate about the Nancy Guthrie investigation?

Retired FBI agent Jennifer Coffindaffer received four ransom emails demanding bitcoin after Nancy Guthrie's disappearance. The emails featured an AI-generated image of Guthrie and were turned over to the FBI. Investigators believe the messages may have originated from scammers, potentially linked to similar demands involving Lauren Serpa. Furthermore, Nancy Guthrie remains missing, with no known suspects, and a masked individual was seen on surveillance footage.

Punjab CM Mann’s OSD Rajbir Ghuman skips CBI questioning, says CMO
Oct 7, 2026
Punjab CM Mann’s OSD Rajbir Ghuman skips CBI questioning, says CMO

Punjab Chief Minister Bhagwant Mann’s OSD Rajbir Singh Ghuman did not appear before the CBI for questioning in an alleged corruption and bribery case, with the CMO saying he was not served the summons. The agency had registered an FIR against Ghuman and five others and searched eight locations across Punjab and Chandigarh.

Bengal chief secretary weighs defamation case against Mahua Moitra over ‘vote chor’ remark
Oct 7, 2026
Bengal chief secretary weighs defamation case against Mahua Moitra over ‘vote chor’ remark

West Bengal Chief Secretary Manoj Kumar Agarwal is seeking legal advice and considering defamation proceedings against TMC MP Mahua Moitra over her remarks accusing him of being among the key architects of Bengal’s SIR and calling him a “vote chor”. Former special observer Subrata Gupta is also exploring legal options.

CJP, student groups join hands for October 10 protest against CEC Gyanesh Kumar
Oct 7, 2026
CJP, student groups join hands for October 10 protest against CEC Gyanesh Kumar

Cockroach Janta Party (CJP) and student organisations including AISA, SFI and AISF announced a joint agitation against Chief Election Commissioner Gyanesh Kumar and for electoral reforms. The groups will protest at Jantar Mantar from October 10. CJP co-convener Saurav Das said the agitation would continue until the electoral system is overhauled.

4 Zodiac Signs may feel like October is turning their world upside down and their usual approach may stop working
Oct 7, 2026
4 Zodiac Signs may feel like October is turning their world upside down and their usual approach may stop working

October carries an energy that may push people to question who holds the power. Venus retrograde brings attention back to what is truly worth keeping. Pluto points toward deeper change. Mars adds momentum, especially in situations where tension is already building.

Canada's Weston family company agrees to buy UK's Boots
Oct 7, 2026
Canada's Weston family company agrees to buy UK's Boots

Wittington Investments, Limited will acquire Boots' retail operations in the UK and Ireland, Boots Opticians, No7 Beauty Company and its Thailand and franchised businesses.

Ghana Cabinet clears BRICS bid as Jaishankar visits Accra
Oct 7, 2026
Ghana Cabinet clears BRICS bid as Jaishankar visits Accra

Ghana is one of Africa's politically and economically stable countries and among India's oldest partners in the continent. Jaishankar said India has "always been very sympathetic and supportive of Ghana's aspirations and goals", but pointed out that the BRICS bid is "an issue of collective consideration" for the bloc.

Ghana Cabinet clears BRICS bid as Jaishankar visits Accra
Oct 7, 2026
Ghana Cabinet clears BRICS bid as Jaishankar visits Accra

Ghana is one of Africa's politically and economically stable countries and among India's oldest partners in the continent. Jaishankar said India has "always been very sympathetic and supportive of Ghana's aspirations and goals", but pointed out that the BRICS bid is "an issue of collective consideration" for the bloc.

'We will do it': Modi's call to Gen Z for Viksit Bharat by 2047
Oct 7, 2026
'We will do it': Modi's call to Gen Z for Viksit Bharat by 2047

Speaking to a charged crowd in Delhi, the PM underlined that when he began his journey 25 years ago as chief minister of Gujarat, he had never imagined that such a phase would come in his life. He said this was not an occasion for glorification of a person, but for looking at how far the country had come during this period.

Foreign investors pull out $26.3 billion from emerging markets in September as hawkish Fed pushes US Treasury yields higher
Oct 7, 2026
Foreign investors pull out $26.3 billion from emerging markets in September as hawkish Fed pushes US Treasury yields higher

Foreign investors pulled $26.3 billion from emerging-market stocks and bonds in September due to rising US yields. The hawkish Federal Reserve's interest rate hike influenced this first outflow since June. Additionally, heavy foreign selling in South Korea resulted in a significant decrease in emerging-market equities. While fixed-income assets attracted $246 billion this year, equities saw year-to-date outflows of $113.9 billion.

Recommended
Copyright © 2015 - 2026 The Financial Capital.

All Rights Reserved.

Subscribe Now!

About Us

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.