{
  "id": 7613764,
  "title": "Markets on edge as US Fed meets to tackle high inflation",
  "url": "https://urgent.news/2026/09/15/markets-on-edge-as-us-fed-meets-to-tackle-high-inflation-7613764",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T19:20:56.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/world/markets-edge-us-fed-meets-tackle-high-inflation-6387061"
  },
  "original_language": "en",
  "account": "LONDON - Oil prices surged, US bond yields rose and equities fell as the Federal Reserve prepared to hike interest rates, with high inflation and artificial intelligence concerns driving market sentiment on Tuesday, September 15. Brent crude futures neared US$110 a barrel, while average US diesel prices hit a record high of just under US$6.27 a gallon, putting strain on President Donald Trump ahead of midterm congressional elections. Market volatility persisted as energy costs remained high and concerns about the impact on inflation and interest rates grew, said Susannah Streeter, chief investment strategist at Wealth Club. The yield on the 10-year US Treasury note jumped to 5.03 percent, the level last seen in 2007 before the financial crisis, as investors anticipated a possible rate hike. The US Federal Reserve began a rate-setting meeting, with expectations for a 25-basis-point increase mounting after official data last week revealed US annual inflation remained far above the Fed's target. The Middle East crisis, with Yemen's Houthis seizing a key shipping route, further fueled crude price spikes, pushing it above US$100 a barrel. High energy costs have intensified pressure on central banks to raise borrowing costs. The European Central Bank recently raised interest rates in the eurozone, while the Bank of England is expected to hold steady on Thursday as the UK economy battles growth. Wall Street's main indices slipped in late morning trading, following losses in Europe and Asia. Technology stocks faced renewed weakness after AI sector executives expressed a desire to slow artificial intelligence advancements. Investors seem more inclined to reduce risk than continue their all-in approach, particularly in the chip sector. President Trump dismissed the notion that artificial intelligence could spell humanity's demise, dismissing it as a hoax and rejecting calls for regulation.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Markets on edge as US Fed meets to tackle high inflation",
        "url": "https://urgent.news/2026/09/15/markets-on-edge-as-us-fed-meets-to-tackle-high-inflation",
        "published": "2026-09-15T16:17:02.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Markets on edge as US Fed meets to tackle high inflation",
        "url": "https://urgent.news/2026/09/15/markets-on-edge-as-us-fed-meets-to-tackle-high-inflation-7635342",
        "published": "2026-09-15T19:20:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}