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Annual US inflation posts biggest gain in nearly 3 years in March
U.S. inflation accelerated in March with a 3.5% annual rise, driven by gasoline price surges amid the Iran war, impacting Federal Reserve rate outlook.
Oil soars, stocks dip on Iran worries, earnings in focus after Fed
Oil prices surged due to concerns over the Iran conflict while the Federal Reserve kept rates steady, impacting markets amid upcoming tech earnings.
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 Supreme Court rebuffs challenge to class-action status of bank collusion suit
The U.S. Supreme Court declined to hear an appeal by Bank of America and others, allowing a $12 billion class action on municipal bond rate collusion to proceed.
Trump threatens to fire Powell if he doesn’t quit Fed board; ongoing probe clouds Warsh confirmation
President Donald Trump threatens to fire Federal Reserve Chair Jerome Powell from the Fed board amid a criminal probe complicating Kevin Warsh's confirmation.
US weekly jobless claims rise, but remain at low levels
US weekly jobless claims rose by 16,000 to 219,000 but remain low, indicating steady labor market conditions amid economic uncertainty.
White House says increased productivity means Fed can cut rates
White House economic adviser Kevin Hassett says AI-driven productivity gains may ease inflation and allow the Federal Reserve to lower interest rates.
JPMorgan’s Dimon warns Iran war may drive inflation and interest rates higher
JPMorgan CEO Jamie Dimon warns the iran war risks oil shocks that could keep inflation sticky and push interest rates higher than expected.
Wall Street falls amid Middle East tensions and rising interest rates
Wall Street indexes declined due to concerns over Middle East conflict and rising U.S. interest rates, with energy prices surging and private credit pressures resurfacing.
Wall Street ends sharply lower; Middle East turmoil fans inflation fear
Wall Street ended sharply lower amid ongoing U.S.-Israeli conflict with Iran, fueling inflation fears and expectations of higher interest rates through 2026.
Fed leaves rates unchanged, sticks with single cut in 2026 despite higher inflation
The US Federal Reserve kept interest rates unchanged, forecasting a single rate cut in 2026 despite higher inflation driven by Middle East tensions and oil price spikes.
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.
