Latest Updates Around The World
Kansas City Federal Reserve President Jeffrey Schmid reiterated his opposition Tuesday to further rate cuts, arguing that inflation remains too high and the U.S. labor market is largely in equilibrium.In remarks to the Metro Denver Executive Club, Schmid said inflation has been above the Federal Reserve’s 2% target for nearly five years. He warned that […]
Markets experienced a second straight session of sharp and erratic price swings after US and Israeli attacks on Iran last weekend heightened geopolitical tensions. A key concern for investors is the risk of disruption to the Strait of Hormuz, a vital chokepoint that carries about a fifth of the world’s oil supply. Any sustained disruption […]
U.S. consumer inflation cooled slightly more than expected in January, government data showed Friday, as energy prices fell.The consumer price index (CPI) rose 2.4 percent year-on-year, the Labor Ministry said, down from 2.7 percent in December and slightly below the average analyst forecast. This was also the lowest level since May 2025.Concerns about affordability have […]
