Bessent and Goolsbee clash over whether an energy shock justifies a Fed rate hike
US Treasury Secretary Scott Bessent said the Fed should not hike rates over an energy supply shock tied to the…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
US Denies Iran’s Claim of Attack on Early-Warning Radar in Bahrain
The US military denied Iran's claim that it attacked a US early-warning radar in Bahrain. It said its forces shot…
Trump says he wants to “get Cuba done” before leaving office in 2029
US President Donald Trump said he wants to get Cuba done before leaving office in 2029 and would consider a…
BofA now expects Fed hikes in December, January and March, lifting peak rate forecast
Bank of America now expects the Federal Reserve to raise rates at each of its next three meetings, adding a…
IAEA Says It Is Increasingly Concerned Over Iran’s Uninspected Isfahan Enrichment Plant
The International Atomic Energy Agency says its concern is increasing over an underground uranium-enrichment facility at Isfahan that Iran has…
