London, Aug 28, 2026 (AFP) - Stocks, dollar rise after Fed chief lifts rate expectations

NAMPA / AFP

2026-08-28

Stocks advanced and the dollar spiked higher Friday after Federal Reserve chief Kevin Warsh called high inflation "concerning", fanning expectations the central bank will raise interest rates to keep prices in check. "We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do," Warsh said in a highly anticipated speech. Short-term US Treasury bonds, which reflect monet......

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Law & Politics

Copenhagen, Aug 28, 2026 (AFP) - Greenland to open truth commission over forced contraception scheme

2026-08-28 18:30:42

Nairobi, Aug 28, 2026 (AFP) - Ugandan to be extradited over arms-smuggling to Mexican cartels

2026-08-28 18:00:57

Nairobi, Aug 28, 2026 (AFP) - Ugandan to be extradited over arms-smuggling to Mexican cartels

2026-08-28 17:32:02

Beijing, Aug 28, 2026 (AFP) - China tightens rules on selling unfinished homes to lift sector

2026-08-28 17:32:02

Washington, United States, Aug 28, 2026 (AFP) - Fed chair Warsh signals 'work to do' on high US inflation

2026-08-28 17:32:02

Kano, Nigeria, Aug 28, 2026 (AFP) - Jihadists lay siege to Nigerian town: sources

2026-08-28 17:32:02

Brussels, Belgium, Aug 28, 2026 (AFP) - Belgium sounds alarm after spate of Brussels shootings

2026-08-28 17:32:02

Damascus, Aug 28, 2026 (AFP) - Syria president appoints Kurdish leader Mazloum Abdi as his adviser

2026-08-28 17:32:02

Kathmandu, Nepal, Aug 28, 2026 (AFP) - Number of missing in Nepal after flood rises to 1,924: disaster authority

2026-08-28 17:32:02

Washington, United States, Aug 28, 2026 (AFP) - US to set limits on Egyptian bank in effort to pressure Iran: official

2026-08-28 17:02:02

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