Fed leaves interest rates unchanged despite inflation in the US
Rates will remain 3.75-4 percent even as inflation continues to rise.
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Bank of Japan raises rates to 31-year high of 1.25% as inflation rises
Bank of Japan raises benchmark interest rate from 1 to 1.25 percent, pledging to help counter inflation risks.
![A man walks in front of an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo [File: Kazuhiro Nogi/AFP]](/wp-content/uploads/2026/06/AFP__20260615__B7387PA__v1__MidRes__JapanEconomyStocks-1781492156.jpg?resize=770%2C513&quality=80)
EXPLAINER
What are all the sanctions Iran is under?
Iran has faced a torrent of international sanctions since the 1979 revolution – here’s what’s in place right now.
EXPLAINER
India to impose controversial fee for UPI instant payments: Who benefits?
It’s the end of an era for India’s popular instant digital payments system, which has been free of charge until now.
EXPLAINER
What is BRICS Pay, and can it rival the West’s SWIFT payments system?
BRICS Pay is a decentralised digital system for making international payments in currencies other than the dollar.
Rising petrol costs drive sharp inflation increase in US in August
Petrol prices jumped 3.9 percent month-to-month, accounting for one-third of the overall inflation increase in August.
US imposes sanctions on Turkish bank, prompting legal threat
US sanctions Turkish bank over alleged IRGC ties, accusing it of facilitating millions in transactions for Iran.
Iran economy could collapse within months, US Treasury’s Bessent warns
Treasury Secretary Scott Bessent weighs in on the US’s economic pressure campaign at a meeting of G20 finance ministers.
EXPLAINER
Who are the economic winners and losers of the US-Israel war on Iran?
Airlines and automakers have taken a hit, while banks and energy firms have raked in big profits.
US Fed chair warns inflation progress insufficient, hints at rate hikes
Kevin Warsh in speech underscores Fed’s commitment to tackling inflation, with rate hikes possibly on horizon.
From: NewsFeed
Syria’s president makes first Visa payment after sanctions removal
A video shows Syria’s president using a Visa card, one day after the US removed the country from ‘terrorism’ list.
Published On 27 Aug 2026
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