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Fed’s Musalem says rate hike may be needed if inflation doesn’t ease
St. Louis Federal Reserve President Alberto Musalem says a rate hike may be necessary if inflation does not ease in the next six months.
US inflation firming as Iran war drives up prices
U.S. inflation surged at its fastest pace in three years in April, driven by higher energy prices amid the Iran war, affecting consumer spending and economic growth.
US weekly jobless claims increase moderately, labor market remains stable
Initial claims for unemployment benefits in the U.S. rose moderately to 211,000, indicating a stable labor market amid inflation concerns.
US producer prices surprise with largest increase in four years
U.S. producer prices surged 1.4% in April, marking the largest increase in four years amid rising inflation and energy costs linked to geopolitical tensions.
Fed holds rates steady, cites elevated inflation; three dissents against ‘easing bias’
The Federal Reserve held interest rates steady, citing elevated inflation and uncertainty from global energy prices, with three dissents against easing bias.
US producer prices increase less than expected in March
U.S. producer prices rose 0.5% in March, less than expected, as energy costs surged amid Middle East tensions while service prices remained steady.
March jobs report blows past expectations
US employers added 178,000 jobs in march, beating expectations amid energy price concerns tied to the iran conflict, signaling labor market resilience.
Inflation in focus for markets jostled by Middle East war signals
US inflation data and corporate earnings season are under scrutiny as the Middle East war drives energy prices and market uncertainty.
Energy prices surge as Iran attack on Qatar LNG plant threatens long-term exports
Energy prices spiked after Iran attacked Qatar's LNG plant, risking a 17% export loss for up to five years and causing global supply concerns.
US waives shipping regulation to ease fuel, fertilizer deliveries
The US government issued a 60-day waiver of the Jones Act to allow foreign ships to transport fuel and fertilizer between US ports, easing supply disruptions caused by the Iran conflict.
Dollar nears 2026 highs as volatile oil fans inflation spike fears
The U.S. dollar approaches its highest level since 2026 amid rising oil and gas prices, prompting inflation concerns and potential central bank rate hikes.
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.
