❌

Reading view

Hot US inflation singes Asia as higher-for-longer Fed rates loom

TOKYO — An unwelcome blast of US inflation is blowing across Asia’s markets. September’s hotter-than-expected price data revived concerns that the Federal Reserve will keep rates higher for longer, threatening fresh pressure on currencies, capital flows and economic growth across the region.

Last month’s 3.7% year-on-year increase in consumer prices didn’t just exceed forecasts. It ensured the Fed is on an even bigger collision course with both the bond market and US President Donald Trump’s White House. It’s arguably the last thing both Trump and US Federal Reserve Chairman Kevin Warsh wanted to see less than three weeks ahead of the mid-term elections.

To continue reading, please log in to your AT+ Premium account. Not yet a member? Please signup for AT+ Premium monthly membership, AT+ Premium yearly membership or AT+ Premium Access membership.

The post Hot US inflation singes Asia as higher-for-longer Fed rates loom appeared first on Asia Times.

  •  

India’s rate hike a loud warning shot for Modinomics

It’s not often that events in Mumbai reverberate through global markets. But the Reserve Bank of India’s first interest rate hike in almost four years speaks volumes about the chaotic state of play. The inflation slamming Asia’s third-biggest economy and the rupee’s drop to record lows left RBI Governor Sanjay Malhotra with no choice but […]

To continue reading, please log in to your AT+ Premium account. Not yet a member? Please signup for AT+ Premium monthly membership, AT+ Premium yearly membership or AT+ Premium Access membership.

The post India’s rate hike a loud warning shot for Modinomics appeared first on Asia Times.

  •  

When Asia’s central banks turn bond vigilante on Trump

TOKYO – For decades, the US enjoyed a remarkable luxury: its two biggest creditors, Japan and China, kept showing up at Treasury auctions with checkbooks open. Now, Donald Trump’s trade wars, tariff threats and widening geopolitical confrontations raise an uncomfortable question: what happens if Washington’s most reliable bankers decide they’ve had enough? Granted, global investors […]

The post When Asia’s central banks turn bond vigilante on Trump appeared first on Asia Times.

  •  

US diesel crisis about to become Asia’s interest rate problem

Diesel in the US has climbed to more than US$6.50 a gallon, up about 75% from a year ago, and Asia is likely to pay for it in the form of higher interest rates. Expensive diesel keeps American inflation elevated, which gives the Federal Reserve reason to keep raising interest rates. Higher US rates lift […]

The post US diesel crisis about to become Asia’s interest rate problem appeared first on Asia Times.

  •  

Bond vigilantes on a savage hunt as global yields run wild

TOKYO — The bond vigilantes are back — and now they’re patrolling every major debt market at once. As deficits balloon, spending runs unchecked and oil prices spike, investors are reasserting control over markets that once seemed shielded from shocks and sending yields skyrocketing. The revolt spans the US, Japan, Europe and beyond as a […]

The post Bond vigilantes on a savage hunt as global yields run wild appeared first on Asia Times.

  •  
❌