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Iran and US negotiating teams reportedly did not meet face-to-face; they held indirect, mediator-led sessions in Qatar.

2026-07-01

Iran and US negotiating teams reportedly did not meet face-to-face; they held indirect, mediator-led sessions in Qatar.

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2026-07-01

Two weeks after the new Fed chair took office, HASSETT, director of the White House National Economic Council, said the White House would oppose rate hikes. The Fed's preferred inflation gauge is above 4% and the chair has said returning it to 2% is

Two weeks after the new Fed chair took office, HASSETT, director of the White House National Economic Council, said the White House would oppose rate hikes. The Fed's preferred inflation gauge is above 4% and the chair has said returning it to 2% is non-negotiable, but HASSETT told Fox Business that using rate increases to curb price pressures would be a mistake. He called the expansion supply‑driven, said the chair has expressed similar views during his campaign, and described hikes in this context as "a macroeconomic mistake." TRUMP has criticized former chair Powell for keeping rates repeatedly higher than he wanted; although the president has said he would give the new chair latitude, HASSETT's remarks signal continued White House interest in Fed policy.
2026-07-01

Eurozone preliminary June CPI (YoY and MoM) due in 10 minutes.

Eurozone preliminary June CPI (YoY and MoM) due in 10 minutes.
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