FED’S WILLIAMS: EXPECTS HIGHER HEADLINE INFLATION NEAR TERM ON WAR, TARIFFS

Federal Reserve Chair Jerome Powell said longer-term inflation expectations remain “well anchored beyond the short term,” while officials monitor risks stemming from the US and Israel’s war with Iran. Speaking at Harvard University, Powell said policymakers may need to respond to economic effects but not yet. “We don’t know what the economic effects will be,” he said, adding the Fed must “carefully monitor inflation expectations.” He noted inflation remains above the 2% target and highlighted policy tension: “There’s sort of downside risk to the labor market… but there’s upside risk to inflation.”

歐盟文件顯示，歐盟能源部長將在週二討論歐盟對中東局勢的能源應對協調措施。