{"id":57691,"date":"2026-08-20T04:12:56","date_gmt":"2026-08-20T04:12:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-asia\/uncategorized\/this-week-markets-spotlight-fomc-meeting-amid-record-inflation-worries\/"},"modified":"2026-08-20T04:12:56","modified_gmt":"2026-08-20T04:12:56","slug":"this-week-markets-spotlight-fomc-meeting-amid-record-inflation-worries","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/this-week-markets-spotlight-fomc-meeting-amid-record-inflation-worries\/","title":{"rendered":"This Week: Markets spotlight FOMC meeting amid record inflation worries"},"content":{"rendered":"\n
\"This<\/figure>\n\n\n\n

All eyes will be on the US Federal Open Market Committee (FOMC) meeting this week for insights into upcoming interest rates hikes after annual inflation hit a 4-decade high of 9.1% in June.<\/p>\n\n\n\n

US policymakers are anticipating continued price surges and are backing a 50-75 basis points hike. Officials say the economic outlook warrants moving to a restrictive policy stance, and warned that tighter measures will be imposed if inflation pressures persist.<\/p>\n\n\n\n

Advance Gross Domestic Product (GDP) releasing Thursday is expected to edge up 0.8-0.9% in the second quarter. This positive outlook follows a fall of 1.6% in Q1, the first contraction since the pandemic-induced recession in 2020, weighed down by record trade deficits, supply constraints, worker shortages, and high inflation.<\/p>\n\n\n\n

US Core Personal Consumption Expenditure (PCE) for June will also be announced this week, predicted at a 0.9% rise.<\/p>\n\n\n\n

Australia is expecting yet another bump in its quarterly Consumer Price Index (CPI) figures on the backs of soaring fuel prices and surging building costs. Annual inflation rate saw a 5.1% spike in the first quarter, marking its highest reading since the introduction of the Goods and Services Tax in the early 2000s.<\/p>\n\n\n\n

Market Analysis<\/h2>\n\r\n\n\n\n

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All eyes will be on the US Federal Open Market Committee (FOMC) meeting this week for insights into upcoming interest rates hikes after annual inflation hit a 4-decade high of 9.1% in June. US policymakers are anticipating continued price surges and are backing a 50-75 basis points hike. Officials say the economic outlook warrants moving Continue Reading<\/a><\/p>\n","protected":false},"author":87,"featured_media":57690,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-57691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\n\t\t