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2% Inflation Still the Fed’s Top Priority

Federal Reserve Bank of New York President John Williams said restoring price stability remains the Federal Reserve’s top priority, with 2% inflation still the central goal. Williams noted that recent inflation data have been encouraging and that the broader trend is moving toward lower inflation. He also said inflation expectations remain contained, suggesting consumers and businesses are…
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U.S.-Iran Tensions Surge as Strikes Hit Iran

President Trump said any agreement with Iran was “not worth the paper it’s written on,” accusing Tehran of failing to act after being given multiple chances. The U.S. launched a new wave of strikes on Iranian targets, including radar systems, a factory, pier and…
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Iran Rejects Return to US Agreement

Iran says the current situation does not allow it to return to its Memorandum of Understanding (MOU) with the US, accusing Washington of violating the agreement. Tehran’s comments signal continued tensions between the two sides, raising concerns that diplomatic efforts…
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Iran Strikes Back After Larak Attack

Iran has warned that theUnited States will bear full responsibility for the consequences of further escalationfollowing a U.S. strike on Iran’s Larak Island. Iran’s Foreign Ministry saidU.S. military bases in Jordan were used to launch and support…
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Inflation Still Fed’s Biggest Problem

Federal Reserve official Austan Goolsbee said he agrees with Fed Chair Kevin Warsh that inflation remains the Federal Reserve’s biggest concern right now. Goolsbee’s comments suggest policymakers are still cautious about cutting interest rates while inflation remains…
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Hormuz Is Functioning

The Strait of Hormuz is seeing some vessel traffic, with President Trump saying around 22 ships passed through overnight and insisting that the U.S. blockade is working. However, shipping data suggests traffic remains below normal levels, while a recent tanker attack has…
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Inflation Keeps Fed Cautious

Federal Reserve official Susan Collins said the U.S. central bank should remain cautious on monetary policy as inflation continues to pose a risk. Collins said maintaining the current policy rate will require continued evidence that inflation is sustainably moving toward…