Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 26/01/2022 13:52 
07.12.2021 19:57 News >> Inflation, Supply Chains, Energy Prices May Push Fed To Hike Rates Faster: S&P

Inflation, Supply Chains, Energy Prices May Push Fed To Hike Rates Faster: S&P

'Inflation strains are prompting some central banks to tighten, raising funding costs,' rating agency says.

Persistent inflation, supply chain disruptions and energy prices could trigger wage inflation and push the Federal Reserve and other central banks to increase interest rates faster than expected, S&P Global Ratings said Tuesday.
"After a decades-long retreat, inflation is back. Prices are rising, often dramatically, for items such as oil, semiconductors, and vehicles," the global rating agency said in a statement.
"Inflation strains are prompting some central banks to tighten, raising funding costs," it added.
With global demand growth outrunning supply growth, the agency said inflation is rising quickly almost everywhere around the world.
"Recent Fed signaling has prompted investors to speculate that the central bank may raise interest rates sooner and faster," it said.
Fed Chair Jerome Powell said last week that the central bank is ready to use all of its tools to fight high inflation.
His comments also suggested that the Fed would discuss winding up its asset purchases at a faster rate at its next meeting on Dec. 14 - 15. -



        Latest News
Asian Markets End Wednesday Mixed Ahead Of Fed Decision 14 minutes ago...
Since 2nd half of last week, rising tensions between Russia, US, NATO over Ukraine keep global risk appetite low.
Iran, Azerbaijan Hold Talks On Security, Military Cooperation 14 minutes ago...
Defense ministers of Iran, Azerbaijan meet in Tehran.
Chinese Military Planes To Deliver 33 Tons Of Relief Supplies To Tonga 14 minutes ago...
China to send drinking water, food, personal protective equipment, tents to disaster hit Tonga, says Foreign Ministry official.
Iraqi President Decries Rocket Attack On Parliament Speaker's Home 28 minutes ago...
2 civilians injured in Tuesday’s rocket attack on home of parliament speaker in Anbar province.
3 Injured In Athens Blast 43 minutes ago...
Police looking to determine cause of explosion in Greek capital.

 
      Top News
Qatari Emir To Meet US President Next Week: White House Qatari Emir To Meet US President Next Week: White House
US State Department Oks $2.5B Plane, Radar Sales For Egypt US State Department Oks $2.5B Plane, Radar Sales For Egypt
Panathinaikos OPAP Vs. Zalgiris Kaunas Suspended Due To Bad Weather Panathinaikos OPAP Vs. Zalgiris Kaunas Suspended Due To Bad Weather
Thousands Rescued From Highway After Snowstorm Hit Greece Thousands Rescued From Highway After Snowstorm Hit Greece
Matteo Berrettini First Italian Man To Advance To Australian Open Semifinals Matteo Berrettini First Italian Man To Advance To Australian Open Semifinals
London Police To Investigate Downing Street Parties London Police To Investigate Downing Street Parties
Sudanese Protesters Block Roads Amid Demonstrations Sudanese Protesters Block Roads Amid Demonstrations
Repairs Ongoing To Address Iranian Gas Problem To Turkiye Repairs Ongoing To Address Iranian Gas Problem To Turkiye
Algeria's Tebboune Arrives In Egypt For Official Visit Algeria's Tebboune Arrives In Egypt For Official Visit
Heavy Snow Hits Turkiye's Largest City Istanbul Heavy Snow Hits Turkiye's Largest City Istanbul