The central bank isn't expected to move on rates Wednesday, but 76% of traders see a September hike as inflation stays above the 2% target.

AI-driven demand, Iran war and the newly announced tariffs also call for higher rates. Read more at straitstimes.com. Read more at straitstimes.com.

Investors increase bets on US central bank to raise rates on surging oil prices

The US Federal Reserve is expected to keep interest rates unchanged, with markets increasingly pricing in a September hike. Persistent inflation, geopolitical tensions, elevated…

The US Federal Reserve kept interest rates unchanged, awaiting clearer inflation signals. Renewed fighting linked to Iran pressures oil prices and clouds economic outlook.…