- 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
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- US election results caused Taiwanese stock benchmarks to tumble, with Fed policy noted as a key driver of investor sentiment.
- FED rate hike fears and Middle East tensions are causing market volatility, leading to MSCI rebalancing and Asian equity declines.
- Growing prospects of a Federal Reserve rate hike are being discussed, driven by the strength of the dollar index.
- Fed rate hikes are causing market caution, with RBC employing market strategists while Indian equities face volatility risks driven by Paramount.