New York Federal Reserve President John Williams said Thursday that it is reasonable to expect the U.S. Federal Reserve could raise interest rates again before the end of 2026, as policymakers remain focused on inflation risks.
Williams said market expectations for…
Federal Reserve official Susan Collins warned that U.S. inflation could remain notably above the Fed’s 2% target, highlighting continued upside risks to price pressures.
Collins said she supported the Fed’s recent interest-rate hike, arguing that somewhat tighter…
U.S. President Donald Trump delivered a stark warning over the Iran war during his address to the United Nations General Assembly on September 22, putting both diplomacy and further military escalation on the table.
Trump said he faces a “big decision” over whether to…
U.S. Treasury Secretary Scott Bessent said all Iranian airlines would face shutdown measures from September 23, warning that companies providing fuel, landing services or ticket sales to Iranian airlines could risk losing access to the U.S. dollar system.
Meanwhile…
U.S. President Donald Trump has intensified pressure on Iran, threatening further action against the country’s economy and leadership if Tehran fails to reach a deal with Washington.
The warning comes as Iranian officials travel to New York for the UN General Assembly…
Oil prices are falling despite continued tensions in the Middle East, and the move is changing the inflation outlook for financial markets.
Brent crude recently fell below $102 per barrel, while WTI moved below $99, marking a fourth consecutive daily decline. One major…
The U.S. House has approved a bill that could give President Donald Trump the power to impose tariffs of up to 100% on major buyers of Russian oil, putting China and India under pressure.
Both countries remain major buyers of Russian crude and are not currently expected…
China has privately asked Iran to use its influence over Yemen’s Houthis to help reduce their military activity, according to three Iranian sources cited by Reuters.
The request reportedly came after Saudi Arabia appealed to Beijing for help as concerns grow over Houthi…
President Donald Trump said U.S. interest rates should be 1% or lower, urging the Federal Reserve to cut borrowing costs quickly.
Trump said he still has confidence in Fed Chair Kevin Warsh and wants him to remain independent. However, he criticized the Federal…