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U.S. SENATE CONFIRMS KEVIN WARSH TO BE FEDERAL RESERVE GOVERNOR

2026-05-13

U.S. SENATE CONFIRMS KEVIN WARSH TO BE FEDERAL RESERVE GOVERNOR

Other News
2026-05-12

Nick Timiraos said the optimistic view that recent inflation firming is mainly tariff-led, and therefore likely temporary, is challenged by April CPI data. Housing rose 0.6%, in line with expectations after prior softness. However, core services excl

Nick Timiraos said the optimistic view that recent inflation firming is mainly tariff-led, and therefore likely temporary, is challenged by April CPI data. Housing rose 0.6%, in line with expectations after prior softness. However, core services excluding housing increased 0.45% month-on-month, the third-highest reading since January 2025, while the 12-month rate hit 3.3%, the highest since February 2025. Core goods rose 0.03% on the month and 1.13% year-on-year.
2026-05-12

Brent crude oil surged 3.00% on the day, currently trading at $105.60 per barrel. WTI crude oil broke through $102 per barrel, rising 3.52% on the day.

Brent crude oil surged 3.00% on the day, currently trading at $105.60 per barrel. WTI crude oil broke through $102 per barrel, rising 3.52% on the day.
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