Minutes from the US Federal Reserve's March meeting indicate that many officials anticipate interest rate cuts this year, despite some concerns about the impact of ongoing conflicts on inflation. Policymakers emphasized the need for flexibility in their approach.
Gas prices in the US have eclipsed $4 a gallon, reaching their highest level since 2022 and continuing to rise rapidly, as the Iran war disrupts global energy supply through the Strait of Hormuz.
US President Donald Trump has officially nominated former Federal Reserve Gov. Kevin Warsh to be the next chair of the US central bank, moving closer to appointing a Fed chief favorable to rate cuts.
Sussan Ley, the first woman to lead any federal Opposition in Australia, stated she was proud of this milestone for all women but would not return to parliament for her farewell.
Former National Economic Council Director Kevin Hassett has strongly criticized a New York Fed tariff study, calling it the 'worst paper I've ever seen' and suggesting its authors should be disciplined for ignoring key aspects of how duties worked.
Analysts are discussing the potential number of Federal Reserve interest rate cuts that can be expected in 2026, shaping future monetary policy outlooks.
NY Fed: Inflation Expectations Dropped To 1 Year Low Ahead Of Iran War Amid Improving Household Finances
While the latest NY Fed consumer expectations report shows sentiment from…
A top Federal Reserve official, Neel Kashkari, has accused the White House of escalating its assault on the central bank, specifically criticizing a Trump adviser who questioned research on tariffs.
The New York Federal Reserve announced that supply chain pressures in March reached their highest level since the beginning of 2023, indicating ongoing challenges in global logistics.
A New York Federal Reserve official has indicated that the central bank's bill buying activities should moderate, while Fed's Miran has laid out a path to further shrink the central bank's balance sheet, signaling potential shifts in monetary policy.
The UN missions of 85 countries on Wednesday condemned a series of Israeli measures designed to tighten control over the West Bank, including in areas administered by the Palestinian Authority under the Oslo Accords, in place since the 1990s. It came as Israel's far-right finance minister Bezalel Smotrich said he would pursue a policy of "encouraging the migration" of Palestinians from the occupied West Bank and Gaza Strip.