U.S. stocks drift after expectations rise for the Fed to hike rates to get inflation under control

U.S. stocks are drifting Friday while expectations rise for the Federal Reserve to hike interest rates soon to get the nation’s high inflation under control.

The bond market shook under a flurry of moves by investors anticipating the Federal Reserve may hike interest rates soon to get the nation’s high inflation under control

US stocks drift lower after expectations rise for the Fed to hike rates to get handle on inflation  AP News

Stocks Lower as Fed’s Warsh Comments Boost Rate-Hike Bets  WSJ

Stocks rise as Fed chairman fuels US rate-hike bets  lbc.co.uk

In London, defence stocks were among the worst performers in the FTSE 100 amid uncertainty over government spending.

In London, defence stocks were among the worst performers in the FTSE 100 amid uncertainty over government spending.

Fed Chief Kevin Warsh Hints At Interest Rate Hikes His Boss Would Probably Hate  HuffPost

Traders are overwhelmingly betting that the Fed will raise rates at least once over the next year.

Fed seen a bit more likely to hike after inflation data  Reuters

Postal prices in the Netherlands could rise sharply again next year.

US inflation unchanged as Fed expected to keep interest rates steady  The Times

Stock Market, Sensex, Share Market, Nifty Highlights: Oil prices slide over 2% following report of US-Iran ceasefire.

How the spike in global bond yields creates more risk for the stock market  CNN

Bureau of Statistics says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hike Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Fears are growing that the Reserve Bank will hit millions of mortgage

A fall in Leaving Certificate grades this year will not lead to a reduction in CAO points as an increased number of applicants balances out college entry requirements. Entry points for Irish colleges are set to remain broadly the same as last year when round one CAO offers are issued at 2pm on Wednesday.University entr

Rudi Suardi/Getty Images Easing inflation may give mortgage holders a reprieve on further repayment increases for now – but maybe not for long. The consumer price index (CPI) rose 3.5% in the year to July, down from 3.8% in the year to June. But that was a smaller fall than had been predicted. The Reserve Bank of Austr