The synchronized global easing cycle is showing growing signs of fracturing as the Iran conflict keeps energy prices elevated and inflation risk firmly in play. The oil shock is reshaping the debate ...

Global central banks are grappling with the oil price shock caused by the war in the Middle East. Investors now anticipate rate-setters to increase borrowing costs in a bid to combat runaway inflation ...

Oil shocks often lead to recession, forcing rate cuts. Kelly’s profile rises as he heads toward another likely victory over Hegseth Millions to receive $250 and $500 payments this month Former FedEx ...

WASHINGTON, May 1 (Reuters) - Federal Reserve officials who dissented against this week's policy statement said on Friday the developing oil price shock from the war in Iran means the U.S. central ...

After eight years, Jerome Powell is clocking out. The Federal Reserve opted to hold rates steady at its third meeting of 2026, which was Powell's last as head of the central bank. From oil shocks to ...

Fed Chair Jerome Powell thinks there is more inflation to come from the oil shock of the Iran war. “It hasn’t even peaked yet,” Powell said. “We’d want to see the back side of that—and progress on ...

The Bank of Thailand left its benchmark interest rate at a near four-year low, saying a pause would allow it to support the economy while the inflationary impact of the global oil shock remains ...

City Council will hold a rate hearing on Tuesday on the proposed charge, which would fund federally mandated safety upgrades to replace old steel gas lines. COLORADO SPRINGS, Colo. (KOAA) — Colorado ...

Donald Trump’s second big shock to the world economy since he returned to the White House looks increasingly likely to force central banks into a new round of tightening. The US president’s war on ...

Soaring gas prices not only force many consumers to cut back on discretionary spending, but they also result in businesses paying more to transport goods and manufacture plastic products, fertilizer, ...

After months of investors betting on rate cuts, the narrative around the Federal Reserve recently shifted to rate hikes. Goldman Sachs disagrees with the hawkish pivot, and says expectations for rate ...