interest rate hike | Axios Times

Fed Signals Single Rate Hike This Year Under Chair Warsh

The Federal Reserve on Wednesday signaled it would raise interest rates by 0.25 percentage points by year-end due to heightened inflation concerns, marking a policy shift under new Chair Kevin Warsh. The decision came during Warsh's first monetary policy meeting, where he stressed the Fed's commitment to controlling inflation and maintaining stability. Analysts warn the move could impact global central bank policies and financial markets.

Jun 18, 2026

Economy

Bank of Japan Raises Interest Rate to 1%, Highest in 31 Years

The Bank of Japan raised its key interest rate to 1.0% on June 8, the highest in 31 years, to combat inflation risks from rising oil prices and a weak yen. The move marks a decisive shift from decades of ultra-loose monetary policy.

Jun 16, 2026

Economy

US inflation hits three-year high as energy prices surge

US consumer inflation accelerated in May to its fastest pace in three years, driven by a sharp rise in gasoline prices amid escalating tensions with Iran. The CPI rose 0.5% month-over-month and 4.2% year-over-year. The data increases pressure on the Federal Reserve to raise interest rates, with markets now pricing in a growing chance of hikes later this year.

Jun 10, 2026

Economy

BoJ Governor: Need to Thoroughly Discuss Rate Hike Despite Middle East Instability

Bank of Japan (BoJ) Governor Kazuo Ueda said the central bank needs to 'thoroughly discuss' raising its policy rate at a meeting later this month, despite ongoing instability in the Middle East. Ueda emphasized that the BoJ will assess geopolitical impacts on Japan's economy, but rate decisions will still be based on inflation and growth outlooks. The May monetary policy meeting is set for May 29-30, with analysts expecting a cautious pace of rate hikes.

Jun 3, 2026

Economy

Fed's Goolsbee warns BOJ faces inflation risk if it delays rate hikes

Chicago Federal Reserve President Austan Goolsbee warned that the Bank of Japan could face inflation risks if it continues to delay raising interest rates. He said delaying rate hikes could cause inflation to spiral out of control. The BOJ maintains ultra-low rates while other major central banks have tightened policy.

May 27, 2026