Powell emphasizes Fed’s obligation to forestall ‘ongoing inflation drawback’ regardless of Trump criticism

Powell emphasizes Fed’s obligation to forestall ‘ongoing inflation drawback’ regardless of Trump criticism

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell on Tuesday emphasized the central bank’s commitment to keeping inflation in … Read more

U.S. strikes on Iran and Europe’s 5% protection downside

U.S. strikes on Iran and Europe’s 5% protection downside

After a week of global market jitters, the reaction to U.S. strikes on Iranian nuclear facilities will be front and center over the coming days. Meanwhile, a trio of heavyweight events could also shape the economic and geopolitical mood. From NATO tensions in The Hague to trade talks in Tianjin and industrial optimism in Berlin … Read more