{
  "id": 7653497,
  "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-7653497",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T23:09:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/highlight/2026/09/16/markets-on-edge-as-us-fed-meets-to-tackle-high-inflation"
  },
  "original_language": "en",
  "account": "The US Federal Reserve commenced its rate-setting meeting on Tuesday, with financial markets anticipating a possible interest rate increase to combat persistently high inflation. Oil prices surged, US bond yields climbed, and equities declined as investors grappled with high inflation and concerns over artificial intelligence's rapid adoption. Brent crude futures approached $110 per barrel, while the average US diesel price hit a record high of $6.27 per gallon. The 10-year US Treasury yield breached 5.03%, reflecting investor expectations of a potential rate hike. Susannah Streeter, chief investment strategist at Wealth Club, noted that markets were experiencing heightened volatility due to elevated energy prices and inflation concerns. The European Central Bank had raised interest rates in the eurozone, while the Bank of England was projected to maintain its benchmark rate. Wall Street indices ended the session lower, with the S&P 500 dropping 0.5%. A report from Interactive Brokers stated that the heavier capital costs, surging fuel charges, and apprehensions about AI's societal implications had driven stocks to their weakest levels in six weeks ahead of the Fed's decision.",
  "summary": "Market expectations for a 25-basis-point rate hike rose sharply after data showed US annual inflation remained well above the Fed’s target.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "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."
}