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Federal Reserve Governor Cook: Even short-term shocks could push up inflation in the medium term.

2026-05-28

Federal Reserve Governor Cook: Even short-term shocks could push up inflation in the medium term.

Other News
2026-05-28

U.S. (WTI) and Brent crude extended intraday gains to 2.00%, trading at $93.90/bbl and $94.65/bbl respectively.

U.S. (WTI) and Brent crude extended intraday gains to 2.00%, trading at $93.90/bbl and $94.65/bbl respectively.
2026-05-27

The Rhine, one of Europe’s most important rivers, has seen water levels continue to fall, restricting barge carrying capacity and, together with the ongoing protracted Iran conflict, adding further pressure to regional fuel supply chains. Spotbarge d

The Rhine, one of Europe’s most important rivers, has seen water levels continue to fall, restricting barge carrying capacity and, together with the ongoing protracted Iran conflict, adding further pressure to regional fuel supply chains. Spotbarge data showed that earlier on Wednesday water at Germany’s key navigation point Kaub had dropped to extremely low levels, with a 110‑metre barge able to carry just over 1,000 tons of diesel — roughly 40% of its total rated capacity. The Rhine is a critical European transport artery: over 280 million tonnes of cargo moved via the waterway in 2024, with petroleum products accounting for more than 20% of that volume.
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