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Warsh’s room to move at the Fed may narrow in a war-clouded outlook
Kevin Warsh's potential to ease Fed monetary policy is limited by rising oil prices and inflation risks amid the Iran conflict, delaying expected rate cuts.
S&P 500, Dow end lower as escalating Iran war sours risk appetite
U.S. stocks closed lower amid escalating Iran conflict, rising oil prices, and inflation concerns despite a moderate CPI report. Dow fell 0.61%, Nasdaq gained 0.08%.
US consumer inflation steady before Iran conflict drives up oil prices
U.S. consumer prices rose moderately in February with steady rents and rising gasoline costs before the Iran conflict escalated oil prices. Inflation remains steady but geopolitical risks loom.
Back to the 1970s? Investors brace for return of stagflation
Investors brace for stagflation as Middle East conflict drives oil prices above $100, threatening inflation and economic growth worldwide.
Wall Street closes down as Middle East fears push US oil up 8%
U.S. stocks declined amid Middle East tensions, pushing crude oil prices up 8.5% to $81 per barrel, raising inflation and Federal Reserve rate cut concerns.
Middle East war economic impact to depend on duration, damage, energy costs, IMF official says
IMF's Dan Katz says the Middle East war's economic impact depends on its duration, infrastructure damage, and energy price trends amid global uncertainty.
Fed’s Miran: Four quarter-point cuts still warranted this year, no “all clear” for job market
Federal Reserve Governor Stephen Miran endorses four quarter-point rate cuts in 2024, citing ongoing labor market risks despite strong job growth and easing inflation.
Trump hails ‘golden age’ in State of the Union as voters sour on economy
President Trump hailed a 'golden age' in his State of the Union, focusing on economic achievements despite low approval and voter frustration over inflation.
US dollar weakens as traders assess economic data; yen set for strong weekly gains
The US dollar declined against major currencies amid mixed economic data, while the Japanese yen is poised for its strongest weekly rise in a year following political developments.
US economists predict Fed rate hold through May, June cut under Warsh
The Federal Reserve is expected to hold interest rates steady through May, with economists forecasting a cut in June under new chair Kevin Warsh, who may adopt looser policy.
Stocks retreat from record high, dollar higher after Fed keeps rates steady
NEW YORK, Jan 28 (Reuters) – Global stocks were on pace to snap a five-session streak of gains on Wednesday, while the U.S. dollar held on to gains after the Federal Reserve kept rates steady, as widely expected. In keeping rates unchanged, the Fed cited still-elevated inflation alongside solid economic growth, and gave little indication […]
Fed leaves rates unchanged, sees ‘elevated’ inflation and stabilizing job market
The Federal Reserve held interest rates at 3.50%–3.75%, citing elevated inflation and steady growth, with little guidance on future cuts.
