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Fed's Kashkari said most recent inf has been driven mainly by supply shocks, with a smaller contribution from demand.

2026-08-05

Fed's Kashkari said most recent inf has been driven mainly by supply shocks, with a smaller contribution from demand.

Other News
2026-08-05

Fed's Schmid said his focus remains on still-elevated inflation and that the Fed defines price stability as 2% inflation. He called June's slowdown encouraging but cautioned it is too early to rely on a single data point; volatile oil prices both boo

Fed's Schmid said his focus remains on still-elevated inflation and that the Fed defines price stability as 2% inflation. He called June's slowdown encouraging but cautioned it is too early to rely on a single data point; volatile oil prices both boosted inflation in prior months and contributed to June's pullback. With oil prices rising again, any energy-driven easing is uncertain.
2026-08-04

Cape Town International Airport said a Kenya Airways aircraft has malfunctioned on the runway and is immobile; all inbound flights are being diverted to alternate airports. Domestic departures continue to operate; international departures are tempora

Cape Town International Airport said a Kenya Airways aircraft has malfunctioned on the runway and is immobile; all inbound flights are being diverted to alternate airports. Domestic departures continue to operate; international departures are temporarily suspended.
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