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Global Economy

US Treasury Secretary Bessent says inflation will return to the target and he is confident Fed Chair Warsh will optimise path for the economy

News detail

Says:US housing issue is a conundrum affected by rate lock owners, adds the US housing issue will take lower rates and more supply.

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Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

US Treasury official says the latest removal of sanctions on Iran is not indicative of any shift in US policy toward the Government of Iran, Fox's Heinrich reports

Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes