June 24, 2025 United States: Powell Reiterates No Rush to Cut as Fed Awaits Tariff Clarity   Federal Reserve Chair Jerome Powell will reiterate to lawmakers the central bank is in no rush to lower interest rates as officials wait for more clarity on the economic impact of President Donald Trump’s tariffs.   “The effects

June 23, 2025 United States: Dollar Surges as Mideast Escalation Spurs Inflation Risk   The dollar rose to the highest level in nearly a month as US strikes on Iran spurred demand for the haven currency while underscoring the risks posed by climbing oil prices.   The Bloomberg Dollar Spot index gained as much as

June 20, 2025   United States: Stocks Rise on Waller’s Remarks and Mideast Hopes   A post-holiday Wall Street session saw stocks rising and short-dated Treasuries outperforming after Federal Reserve Governor Christopher Waller said rates could drop as soon as July, while concerns about a direct US involvement in the Middle East conflict eased as

June 19, 2025 United States: Fed Officials Hold Rates Again, Still See Two Cuts by Year End   Federal Reserve officials continued to pencil in two interest-rate cuts in 2025, though new projections showed a growing divide among policymakers over the trajectory for borrowing costs as tariffs make their way through the US economy.