Iran’s tanker campaign pushed oil to $110 and inflation to 3.7%. But the Fed looks set to skip Iran’s Oct. 28 deadline, and bond traders did the hiking.
Editors Pick
US Economic Outlook: Q4 2026 (Updated Nov. 10)
Q4 check-in: September added just 29,000 jobs, CPI rose to 3.7%, the 10-year sits near 5.2% and mortgage rates hit 7.4% as the Fed eyes one more hike.
Opinion
September CPI Hits 3.7%: Is the Fed Losing Control?
September CPI rose 0.6% and inflation hit 3.7%, but forecasts missed by just a tenth and gas has stopped climbing. A wry look at what the numbers really say.
Opinion
Iran Wrote a Formula to Move the Fed. Washington Is Answering With Oil Contracts.
Iran’s speaker rewrote the Fed’s Taylor rule around Hormuz. Washington’s reply: LNG deals, Venezuelan oil and a G7 diesel release. So who blinks first?