President Donald Trump has signaled that he is not seeking a diplomatic agreement with Iran, despite Tehran’s reported willingness to offer concessions to end the conflict.
Speaking at a Texas rally, Trump said Iran was prepared to “offer us anything to stop,” but indicated that a deal was not his preferred outcome. His comments came as the Pentagon prepares military options for…
Federal Reserve Bank of Kansas City President Jeff Schmid said the U.S. central bank still has work to do to bring inflation under control, warning that the Fed’s credibility is at stake.
Schmid said inflation remains frustrating and must be addressed, while noting that…
The latest US Nonfarm Payrolls (NFP) report has delivered a weaker-than-expected signal, with job creation falling below 100,000. The unemployment data also adds to the picture of a labour market that is losing some momentum. This creates additional pressure on the Federal…
Federal Reserve official Austan Goolsbee said the central bank is keeping all options open ahead of its next interest-rate meeting, including another rate hike or a pause.
Goolsbee said the Fed should not react strongly to just one month of economic data, emphasizing the…
Today’s Nonfarm Payrolls (NFP) and Unemployment Rate reports will be closely watched by financial markets as investors assess the Federal Reserve’s next interest rate decisions. The main focus will be the NFP figure. Last month’s report showed positive job growth, but…
Federal Reserve official Neel Kashkari said U.S. inflation remains elevated, suggesting the central bank may need to keep interest rates higher for longer to bring price pressures under control.
Kashkari said inflation remains above the Federal Reserve’s 2% target…
Federal Reserve officials struck a cautious tone on monetary policy, signaling that the central bank is not ready to ease rates quickly as inflation remains above its 2% target.
New York Fed President John Williams said the U.S. economy remains strong and could be gaining…
U.S. Treasury Secretary Scott Bessent said Federal Reserve policymakers should keep an “open mind” on interest rates, pointing to potential productivity gains from artificial intelligence and deregulation.
Bessent argued that greater use of AI could boost productivity…
U.S. President Donald Trump has rejected an Iranian proposal aimed at reopening the Strait of Hormuz and pausing regional fighting, adding fresh uncertainty to efforts to ease tensions in the Middle East.
Iran had proposed a seven day roadmap that could lead to the…
Kevin Warsh’s expected leadership at the Federal Reserve is fueling expectations of a significant shift in U.S. monetary policy.
Markets are watching closely for changes in how the Fed approaches interest rates, inflation, and its balance sheet. A more inflation-focused…