Skip to main content

Featured

Markets Rebound as Hopes for Iran–U.S. Dialogue Ease Geopolitical Tensions

U.S. stock futures edged higher on Wednesday as signs of potential diplomatic movement in the Iran–U.S. standoff helped calm volatile markets. Futures tied to the S&P 500 rose about 0.3%, the Nasdaq 100 gained 0.5%, and Dow Jones Industrial Average futures added 0.2% after a turbulent prior session.  The shift in sentiment followed reports that Iran has quietly approached the United States to discuss terms for ending the escalating conflict , a development that helped cool fears of further disruption in global energy markets. This diplomatic signal contributed to a rebound after Tuesday’s sharp sell-off, when concerns over widening conflict and rising oil prices rattled investors.  The conflict, now in its fifth day, has seen continued strikes and mounting casualties, adding to market unease. Iran is preparing for the funeral of Supreme Leader Ali Khamenei, killed in recent attacks, while regional tensions remain high.  Despite the ongoing uncertainty, Wednesda...
Post a Comment
Read more

article

Labels

Fed’s Miran Defends Independence After Lone Push for Bigger Rate Cut

 

                                           Stephen Miran 

U.S. Federal Reserve Governor Stephen Miran has pledged to lay out a detailed case for his call for aggressive interest rate cuts, insisting his stance is based solely on his own economic analysis — not political influence from President Donald Trump.

Miran, sworn in just an hour before this week’s policy meeting, was the only official to back a 50-basis-point cut, compared to the quarter-point reduction approved by the majority. He argues that rates should be lowered by more than a full percentage point by year-end, citing minimal inflation risk and potential housing cost declines from tighter immigration policies.

Rejecting speculation of White House pressure, Miran said his only pre-meeting conversation with Trump was a congratulatory call. “I will do independent analysis based on my interpretation of the data,” he told CNBC, promising to present the “economics and arithmetic” behind his view in a speech Monday.

His position contrasts with the Fed’s consensus for a gradual easing path, as policymakers weigh a weakening job market against inflation still above the 2% target.



Labels:

Comments

Post a Comment