Prices
New York Fed President Williams worries war will slow growth, aggravate inflation
New York Fed President John Williams expressed concern Thursday about the Iran war’s impact on the economy, saying it already has shown signs of hiking prices and slowing growth. In a speech delivered to bankers in his home district, Williams noted that the conflict has “intensified the uncertainty” around national and local conditions. While he […]
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ECB keeps markets guessing on rates with two weeks to go, warns of ‘layer cake of shocks’
With less than 2 weeks remaining until the next European Central Bank meeting, the bloc’s policymakers appear undecided on the future of interest rates. Financial markets are currently pricing in a hold at the April 29-30 meeting, followed by a hike in June, according to LSEG data. The majority of traders expect the ECB’s key […]
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Here are all the ways the Iran war has affected the U.S. economy so far
In an aerial view, the Marathon Petroleum Corp’s Los Angeles Refinery is seen on April 02, 2026 in Carson, California. Justin Sullivan | Getty Images The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much, with soaring energy costs leading the impact and potential hits […]
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Central banks were buying gold at record levels. Here’s why they’re selling now
Gold’s pullback is exposing a rare shift in the market: after years of relentless accumulation, some central banks are now selling bullion as Iran war-driven pressures force a scramble for cash. Spot gold , which is currently trading at around $4,838 per ounce, has fallen about 10% from its late-January peak, slipping into correction territory […]
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Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait
watch now VIDEO1:5801:58 Treasury Secretary Bessent: Fed should wait and see on rate cuts Squawk on the Street Treasury Secretary Scott Bessent on Tuesday expressed confidence that inflation will moderate through the year, giving the Federal Reserve room to cut interest rates. Bessent added, though, that he understands if central bank policymakers take a cautious […]
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Treasury yields are steady after light producer prices reading, fall in oil prices
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Treasury yields held steady on Tuesday following a softer-than-expected producer price index reading and as oil prices slid amid the latest developments in […]
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Oil soars again — Why the economy could be spared a 2022-style inflationary surge
Oil prices spiked once again on Monday morning, rebounding above $100 a barrel after Middle East peace talks in Islamabad faltered and reigniting fears of another energy-driven inflationary surge through the global economy. But the lasting impact from the energy price shock caused by the U.S.-Iran conflict could actually prove to be disinflationary for developed […]
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Treasury yields rise as collapse of Iran talks clouds inflation outlook
Treasury yields edged higher on Monday as the breakdown of negotiations between Iran and the U.S. clouded the inflation outlook once again. The yield on the 10-year U.S. Treasury note — the benchmark for government borrowing — was up more than 1 basis point at 4.333%. The 2-year Treasury note yield, which is more sensitive to short-term Federal Reserve interest rate […]
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Here’s the inflation breakdown for March 2026 — in one chart
A woman shops for dairy products at a local supermarket in the Sugar Hill neighborhood of the Manhattan borough of New York City on April 9, 2026. Charly Triballeau | Afp | Getty Images Inflation spiked in March as the Iran war pushed up gasoline and other prices for consumers. The consumer price index, a […]
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Consumer sentiment hits record low, inflation fears rise amid Iran war
Consumer confidence plunged to a record low in April as fears mounted over rising energy prices and the broader impact of the Iran war, according to a University of Michigan survey Friday. The university’s headline index of consumer sentiment tumbled to 47.6, down 10.7% from the March survey to its lowest on record. Current conditions […]
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