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Australian Treasurer Charles Chalmers: About half of the impact on GDP is due to rising oil prices. The other half is due to broader consequences.

2026-03-18

Australian Treasurer Charles Chalmers: About half of the impact on GDP is due to rising oil prices. The other half is due to broader consequences.

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2026-03-17

British Chancellor of the Exchequer Reeves: Now is not the time to change the direction of fiscal policy.

British Chancellor of the Exchequer Reeves: Now is not the time to change the direction of fiscal policy.
2026-03-18

U.S. stocks rose modestly Tuesday, with the Dow, S&P 500, and Nasdaq gaining about 0.1%, 0.3%, and 0.5%, respectively, as oil prices climbed amid escalating Iran conflict risks. Brent crude neared $104 and U.S. diesel topped $5 per gallon. Ongoing di

U.S. stocks rose modestly Tuesday, with the Dow, S&P 500, and Nasdaq gaining about 0.1%, 0.3%, and 0.5%, respectively, as oil prices climbed amid escalating Iran conflict risks. Brent crude neared $104 and U.S. diesel topped $5 per gallon. Ongoing disruption in the Strait of Hormuz and limited allied support for U.S. protection efforts added uncertainty. Investors await the Federal Reserve’s policy decision, with markets pricing a high likelihood of unchanged rates, while higher energy costs complicate the inflation outlook.
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