- The FOMC, the decision-making body of the FED, is noting that geopolitical conflict is currently affecting the domestic economic outlook.
- Fed meetings and official statements address how the Middle East conflict is impacting global energy supplies and inflation.
The Fed hiked rates by 25 basis points on September 1st, amidst a global energy supply crisis linked to the Middle East.
1 report, 1 independent
Updated Sep 1
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What happened
The Fed hiked rates by 25 basis points on September 1st, amidst a global energy supply crisis linked to the Middle East.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Fed meetings and official statements address how the Middle East conflict is impacting global energy supplies and inflation.Also in this story
- Mary Daly influences FOMC policy through her views on how geopolitical events affect inflation expectations.
- ISM data shows supply chain strain and rising input costs, influencing Fed interest rate decisions amid Middle East conflict.
- The FOMC voted to raise interest rates by 0.25 percentage points, amidst cautious stances and the contribution of Middle East conflict to inflation above the 2% target.
- The Federal Open Market Committee set interest rates for the FED while noting that war has driven up global fuel and food prices.
The entities involved
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FED
business
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Federal Open Market Committee
committee of the United States Federal Reserve
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- The Fed hiked rates, impacting global financial markets, while the RBI's decision on the regulatory framework was influenced by the situation in West Asia and the resulting market caution.
- The Federal Reserve has raised the benchmark interest rate to the target range of 3.75% to 4%.
- Following the US-China summit, both the Fed and China announced key policy decisions on September 20th, influencing global market outlook and inflation concerns.
- Fed influence on RBI rate hike expectations amid West Asia crisis driving oil price rise, with Deutsche Bank advising RBI.
- Fed policy is affecting global investment sentiment, with Asian markets reacting to differing growth rates.