economy
March 18, 2026
Short-term yields rise after higher-than-expected inflation, Fed holds rates
The Federal Reserve held rates steady on Wednesday.

TL;DR
- Treasury yields rose on Wednesday after hotter-than-expected inflation data.
- The Federal Reserve kept interest rates unchanged, as anticipated.
- Fed officials are monitoring the economic impact of the war in the Middle East.
- The central bank remains committed to lowering inflation to its 2% objective.
- Some analysts still expect rate cuts later this year or in early 2027.
- Producer Price Index (PPI) increased by 0.7% last month, exceeding forecasts.
- Oil prices also climbed due to escalating attacks on energy infrastructure.
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