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Real-time News
Federal Reserves Kashkari: If inflation expectations lose their anchor, interest rates will need to be raised.
Bank of England Chief Economist Peel: Therefore, I think we should respond more quickly to new inflationary pressures.
Bank of England Chief Economist Peel: My main difference from most members of the Monetary Policy Committee is that I was more concerned about the stalling of the decline in inflation before the war with Iran.
The Security Service of Ukraine reported that an attack was launched on an oil terminal and a refinery in the Russian port of Tuapse, which caused a fire.
Federal Reserves Kashkari: The Fed should indicate that its next move could be either a rate hike or a rate cut.