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Federal Reserve Chairman Mussalim: There is a possibility that the economy may need to raise interest rates.

2026-05-28

Federal Reserve Chairman Mussalim: There is a possibility that the economy may need to raise interest rates.

Other News
2026-05-29

The EIA's implied demand data for U.S. distillate fuel oil production for the week ending May 22 was 5.51 million barrels per day, compared to 5.1259 million barrels per day in the previous week.

The EIA's implied demand data for U.S. distillate fuel oil production for the week ending May 22 was 5.51 million barrels per day, compared to 5.1259 million barrels per day in the previous week.
2026-05-28

China's Defense Ministry said on May 28 that Washington's reported pause of a $14 billion arms package to Taiwan does not alter Beijing's stance. At a regular briefing, ministry spokesman Col. Jiang Bin reiterated Beijing's consistent opposition to U

China's Defense Ministry said on May 28 that Washington's reported pause of a $14 billion arms package to Taiwan does not alter Beijing's stance. At a regular briefing, ministry spokesman Col. Jiang Bin reiterated Beijing's consistent opposition to U.S. arms sales to Taiwan and urged the United States to abide by the One-China principle and the three Sino-U.S. joint communiqués, especially the Aug. 17 communique. He called on Washington to implement leaders' summit commitments and handle the Taiwan issue cautiously to preserve stable, healthy and sustainable China-U.S. military ties. The remarks followed a U.S. acting Navy secretary's statement and publication by the U.S. House of portions of the FY2027 National Defense Authorization Act that includes a $1 billion Taiwan Security Cooperation Initiative to bolster Taiwan's defenses.
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