Markets tumbled as the Federal Reserve kept interest rates unchanged. Officials signaled just one rate cut this year. Rising oil prices and geopolitical tensions added to economic uncertainty. The Producer Price Index also showed an increase. Major stock indexes saw significant declines. Some companies reported gains despite the broader market downturn.
Inflation to stay sticky, Jahangir Aziz rules out Fed rate cuts in 2026
Global markets face complex risks from geopolitical tensions and fragmented oil prices. Economist Jahangir Aziz highlights that Brent crude is not the sole indicator. He