
UK inflation jumps to 3.5% in September as Bank of England November hike bets firm
UK inflation accelerated to 3.5% in September, beating forecasts on surging fuel prices and leaving a Bank of England rate hike on November 5 all but locked in.
13 stories on interest rates from MarketRadar.

UK inflation accelerated to 3.5% in September, beating forecasts on surging fuel prices and leaving a Bank of England rate hike on November 5 all but locked in.

Indian companies raised about ₹8.5 trillion in bonds through September 2026, and bankers say 2026 could beat last year's ₹11.2 trillion record as borrowers front-load issuance ahead of further RBI rate hikes.

Fed Chairman Kevin Warsh told the IMF meetings in Bangkok the US economy is riding a "massive investment surge" — then refused to say whether October's meeting brings another rate hike.

US stocks fell on October 14 after September CPI printed 3.7% — hot enough to lift implied odds of an October 28 Fed hike to 46%. The Nasdaq closed 0.78% lower as the 10-year yield jumped to 5.29%.

US consumer prices rose 0.6% in September, taking annual CPI to 3.7% — above the 3.6% consensus. Stock futures fell and October Fed hike odds jumped to about 49%.

Hours before September's US CPI print, MUFG argues a hot reading — plus Middle East energy shocks — could push the dollar index to 105, with EUR/USD sliding below 1.10.

Bloomberg reports Bank of Japan officials lean against a back-to-back hike on October 30, with swap markets pricing 10% odds for October but 88% for a December move. USD/JPY held near 158, with the dollar slipping against every major currency.

India's central bank raised its benchmark rate by 25 basis points to 5.50% on Wednesday, ending nearly four years of cuts and pauses — but the rupee kept sliding toward 96.96, its weakest ever print, leaving traders wanting more.

The sector's benchmark fund, ticker XLF, lost 2.52% in the third quarter while the S&P 500 gained 2.25%, as the Fed's first hike since 2023 and surging bond yields punished banks and insurers.

The 10-year Treasury yield touched 5.342% this week, its highest since 2002, yet the Nasdaq 100 still hit a record. What the AI rally is up against as 6% enters the conversation.

September's jobs report showed just 29,000 new jobs against 90,000 expected, sending the Nasdaq to a record 27,191 as traders cut October Fed hike odds to 21%.

BBH's dollar-uptrend call met a stiff test as September payrolls printed at just 29K vs 90K expected — denting the case for further Fed tightening the bank had backed.

September payrolls printed at just 29,000 — far below the 90,000 consensus — reshaping bets on the Fed's October rate decision and the dollar's path.