1. U.S. Attorney Piro is investigating Federal Reserve Chairman Powell's testimony last summer regarding office building renovations. 2. Federal Reserve Governor Milan believes a 1 percentage point rate cut is needed this year, in four 25-basis-poin

2026-02-27

1. U.S. Attorney Piro is investigating Federal Reserve Chairman Powell's testimony last summer regarding office building renovations. 2. Federal Reserve Governor Milan believes a 1 percentage point rate cut is needed this year, in four 25-basis-point cuts, implemented as soon as possible. 3. Federal Reserve's Goolsby: Interest rates can be lowered, but he doesn't want to act prematurely before inflation eases. He is one of the most optimistic about rate cuts within the Fed. 4. South Korean President Lee Jae-myung's approval rating rose slightly to 64% this week, with his economic and housing policies receiving positive reviews. 5. The UK Labour Party hinted at a possible loss to the left-wing Green Party in the crucial by-elections in Gordon and Denton, which would be a heavy blow to Starmer.