Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid
When the Fed gathers again, it will mark the first time a sitting and former chair conduct business together in nearly 80 years.
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Fertiliser boss says Iran war puts 10 billion meals a week at risk
A shortage of fertiliser due to the Iran conflict could reduce crop yields and push prices higher, says the boss of Yara.
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Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%
Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed.
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Will rates go higher in Europe this week？ Central banks confront stagflation threat
The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month.
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Oil rises as US-Iran peace talks stall
President Trump said on Saturday that the US had cancelled plans to send a team to Pakistan for negotiations.
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Will he stay or will he go？ With criminal probe over, Fed Chair Powell faces big decision
The decision could have important ramifications for policymaking at an especially delicate time.
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Asos demands £7m in tariff refunds from US as firms rush to make claims
Hundreds of thousands of firms could potentially win back some money after the tariffs were struck down.
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Annual UK borrowing falls by £20bn but Iran war clouds outlook
The improvement in government finances is unlikely to last, analysts say, with the impact of the Iran way yet to hit.
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Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him
But Bank of America economist Aditya Bhave warned Wednesday that such a recalculation might not pan out as the former Fed governor hopes.
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Trump extends Iran ceasefire — but market focus has already drifted elsewhere
Prospects for further negotiations remain uncertain, with Tehran and Washington offering conflicting signals on the ceasefire's status.
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Oil prices fluctuate as status of US-Iran peace talks remains unclear
US President Donald Trump said he will extend a ceasefire with Iran until peace talks have progressed.
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Tariff refunds begin on Monday. These retailers are due big paydays
U.S. importers, such as Walmart and Target, could be in line for billions in tariff refunds as the government launches its claims-filing portal on Monday.
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Fed Chair nominee Warsh says monetary policy should remain independent, but Fed must 'stay in its lane'
Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market.
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Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence
Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market.
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'Resumption of hostilities': seized ship, vessel attacks push U.S.-Iran ceasefire toward brink
A U.S. seizure of an Iranian cargo ship and reports of vessels coming under fire in the Gulf have pushed a fragile ceasefire with Tehran to the brink.
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Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold
Federal Reserve Governor Christopher Waller on Friday said current economic conditions are complicating the approach to interest rates.
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New York Fed President Williams worries war will slow growth, aggravate inflation
Williams noted that the conflict has "intensified the uncertainty" around national and local conditions.
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UK economy grew 0.5% in February, beating economists' expectations by a long shot
Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.
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UK economy grew 0.5% in February, beating economists' expectations by a long shot
Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.
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Japan pledges $10bn to help Asian countries deal with oil crisis
The aid is roughly equivalent to a years worth of crude oil imports by Asean countries.
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