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Home News ArchiveFed's Hammack: Interest rates need to be higher - Axios

Live News CENTRAL_BANK FLASH H impact Oct 12, 2026, 04:43 PM UTC

Fed's Hammack: Interest rates need to be higher - Axios

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UK Gilt Yields Hold Near Multi-Year Highs The UK 10-year gilt yield remained around 5.4%, near multi-year highs, as investors assessed stronger-than-expected inflation and rising public borrowing ahead of next week’s budge H impact | CENTRAL_BANK | Oct 21, 2026, 07:47 AM UTC Pound at One-Month High on Strong Data Sterling held above $1.335, its highest level in a month, as stronger-than-expected UK economic data reinforced expectations of a Bank of England rate hike next month. UK inflation H impact | CENTRAL_BANK | Oct 21, 2026, 07:39 AM UTC Rupiah Hovers Near IDR 18,000 as BI Adjusts Policy Tools The Indonesian rupiah traded near IDR 18,000 per U.S. dollar on Wednesday, recovering from an intraday low of IDR 18,060 after Bank Indonesia kept its key interest rate unchanged a H impact | CENTRAL_BANK | Oct 21, 2026, 07:33 AM UTC Bank Indonesia Holds Main Rate, Raises Deposit Facility Rate Bank Indonesia held its benchmark rate unchanged for a fourth straight policy review on Wednesday and raised the deposit facility rate. M impact | CENTRAL_BANK | Oct 21, 2026, 07:27 AM UTC FTSE 100 Down for 3rd Session The FTSE 100 traded lower on Wednesday, extending its decline for a third consecutive session as unexpectedly high inflation and rising government borrowing weighed on sentiment ah H impact | CENTRAL_BANK | Oct 21, 2026, 07:18 AM UTC India 10Y Yield Hits 3-Year High on on Oil Surge The yield on India’s 10-year G-Sec rose to around 7.45%, reaching its highest level since March 2023, as persistently elevated crude oil prices heightened inflation concerns and st H impact | CENTRAL_BANK | Oct 21, 2026, 07:18 AM UTC

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