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Iran's Supreme Leader has banned "any behavior that undermines social cohesion" and urged relevant departments to refrain from making any statements that "damage morale and weaken the nation's and the public's dynamism."

2026-08-29

Iran's Supreme Leader has banned "any behavior that undermines social cohesion" and urged relevant departments to refrain from making any statements that "damage morale and weaken the nation's and the public's dynamism."

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2026-08-28

Kevin Warsh said the Fed must be confident core inflation is moving toward target or the central bank still has work to do, and it is hard to describe current financial conditions are restrictive.

Kevin Warsh said the Fed must be confident core inflation is moving toward target or the central bank still has work to do, and it is hard to describe current financial conditions are restrictive.
2026-08-28

Warsh is under pressure to clarify whether current inflation is a problem and, if so, how policy should respond. On Thursday some of his Fed colleagues voiced continued concern about persistent U.S. inflation. Government data on Wednesday showed July

Warsh is under pressure to clarify whether current inflation is a problem and, if so, how policy should respond. On Thursday some of his Fed colleagues voiced continued concern about persistent U.S. inflation. Government data on Wednesday showed July headline inflation unchanged year‑on‑year, marking the 65th consecutive months above the Fed’s 2% target. The Fed’s preferred gauge, core PCE, was up 3.3% YoY in July; monthly core PCE rose to 0.2% in July from 0.1% in June. The stronger‑than‑expected data modestly increased market odds of a Fed rate hike as soon as next month.
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