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Who is Kevin Warsh, Trump’s Federal Reserve nominee?

Musallem: Oil price shocks may push core inflation close to 3%

The Federal Reserve's Musalem: The oil shock may keep core inflation around 3%, and interest rates will remain unchanged for a while.

US economic activity continued to increase at a slight-to-modest pace across most regions as the war with Iran generated a new wave of uncertainty and higher energy costs, the Federal Reserve said.

The Federal Reserve's Beige Book: The war against Iran initiated by the U.S. is seen as a major source of uncertainty, with energy costs soaring across all regions.

US Sources Issue Hot Statement: Iran-US Ceasefire Likely to Be Extended for Another Two Weeks

Fed's Goolsbee: Rate setters face "dual dangers" from the Iran war and tariffs

ECB: Volatile oil clouds rate path – ING

Trump says Powell will be fired if he does not leave office promptly; the probability of Walsh officially taking office before May 15 is 43%.

U.S. Treasury Secretary: Core inflation is trending downward, and the Federal Reserve will eventually cut interest rates further.

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