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Federal Reserve's Williams: The 2% target is appropriate, and we do not want to change the target.

2026-07-15

Federal Reserve's Williams: The 2% target is appropriate, and we do not want to change the target.

Other News
2026-07-15

Standard Chartered’s Eric Robertson said central banks must recognize a shift to structurally higher inflation, which reduces monetary-policy flexibility and leaves less buffer against supply shocks. He warned that a weather event such as El Niño wou

Standard Chartered’s Eric Robertson said central banks must recognize a shift to structurally higher inflation, which reduces monetary-policy flexibility and leaves less buffer against supply shocks. He warned that a weather event such as El Niño would be minor with a 1% baseline inflation, but if countries are struggling to keep inflation at about 3% or below, simultaneous oil and food supply shocks would have amplified effects. That poses a policy dilemma because rate rises cannot increase commodity supply or offset weather-driven supply disruptions.
2026-07-15

Iran's Islamic Revolutionary Guard Corps said "enemies should expect other oil and gas export routes serving the interests of the US and its allies will be closed."

Iran's Islamic Revolutionary Guard Corps said "enemies should expect other oil and gas export routes serving the interests of the US and its allies will be closed."
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