{
  "id": 7934508,
  "title": "Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ",
  "url": "https://urgent.news/2026/09/17/hawkish-fed-lifts-dollar-to-seven-week-high-as-focus-turn-to-boj-7934508",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T02:27:54.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/09/17/hawkish-fed-lifts-dollar-to-seven-week-high-as-focus-turn-to-boj"
  },
  "original_language": "en",
  "account": "The dollar reached a seven-week high on Thursday as the Federal Reserve raised interest rates and signaled additional hikes in the future. Investors eagerly awaited decisions from the Bank of England and the Bank of Japan later in the week. New Fed chief Kevin Warsh, a unanimous vote for rate hikes, expressed greater hawkishness than anticipated, surprising the markets and prompting a reevaluation of policy and a subsequent dollar rally, according to currency strategist Carol Kong at Commonwealth Bank of Australia. The euro weakened to near a seven-week low at US$1.1456, while the British pound remained flat at US$1.3377. The yen hovered near a two-week low at 156.20 per dollar ahead of the Bank of Japan's decision on Friday. The dollar index, measuring the greenback against a basket of currencies, reached 100.33, its highest level since July 31. Rate futures markets now project a 90% chance of another quarter-percentage-point Fed rate hike by the end of the year. The Bank of Japan is next to watch, with a 31-year high interest rate hike expected on Friday, joining other central banks in addressing persistent inflation caused by soaring oil prices. Analysts at OCBC are closely monitoring Bank of Japan governor Kazuo Ueda's comments for potential hints on the timing and pace of further rate increases. The yen surged to a seven-month high against the dollar last week due to growing conviction in the Bank of Japan's policy-tightening path, although Japanese retail investors remain cautious, anticipating a short-lived climb. Bitcoin remained flat at US$76,562.25.",
  "summary": "New central bank chief Kevin Warsh surprised markets with guidance on future hikes, prompting a policy repricing that pushed the dollar higher.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "The Australian Dollar continues to slide as the Fed enters hike country",
        "url": "https://urgent.news/2026/09/16/the-australian-dollar-continues-to-slide-as-the-fed-enters-hike",
        "published": "2026-09-16T20:56:22.000Z"
      },
      {
        "outlet": "The Guardian Australia",
        "title": "IMF downgrades Australian economic forecast amid fears of interest rate hike",
        "url": "https://urgent.news/2026/09/16/imf-downgrades-australian-economic-forecast-amid-fears-of-interest",
        "published": "2026-09-16T23:00:33.000Z"
      },
      {
        "outlet": "MacroBusiness",
        "title": "Australian dollar crushed as Fed fails Warshach test",
        "url": "https://urgent.news/2026/09/16/australian-dollar-crushed-as-fed-fails-warshach-test",
        "published": "2026-09-16T23:30:18.000Z"
      },
      {
        "outlet": "Japan Times",
        "title": "BOJ faces higher bar to support yen after Fed’s hawkish hike",
        "url": "https://urgent.news/2026/09/17/boj-faces-higher-bar-to-support-yen-after-feds-hawkish-hike",
        "published": "2026-09-17T01:47:00.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ",
        "url": "https://urgent.news/2026/09/17/hawkish-fed-lifts-dollar-to-seven-week-high-as-focus-turn-to-boj",
        "published": "2026-09-17T02:08:35.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ",
        "url": "https://urgent.news/2026/09/17/hawkish-fed-lifts-dollar-to-seven-week-high-as-focus-turn-to-boj-7932692",
        "published": "2026-09-17T02:27:54.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ",
        "url": "https://urgent.news/2026/09/17/hawkish-fed-lifts-dollar-to-seven-week-high-as-focus-turn-to-boj-7934038",
        "published": "2026-09-17T02:57:58.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ",
        "url": "https://urgent.news/2026/09/17/hawkish-fed-lifts-dollar-to-seven-week-high-as-focus-turn-to-boj-7939516",
        "published": "2026-09-17T03:08:23.000Z"
      }
    ]
  },
  "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."
}