The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
US Federal Reserve holds rates steady, raises inflation expectations
Inflation is still above the Fed’s 2 per cent target due to higher energy prices caused by global conflicts and supply shocks.
Read the 14 points of the agreement between Iran and the U.S.
The agreement, as read by senior U.S. officials, allows Iran to immediately begin exporting oil and petroleum products.
Trump says he likes idea of blaming Vance if Iran deal doesn’t work out
President Trump at the G7 summit said the memorandum of understanding reached with Iran “might not be the kind of document that I should be signing.”
Britain’s rape gangs: Here’s what’s in the report the mainstream media is ignoring
Rupert Lowe’s rape gangs report has revealed shocking child sexual abuse by British Pakistani men, enabled by police and politicians
Read Full Article at RT.com
Sources: Amodei, Altman, and Hassabis called for US-led collaboration on AI rules at the G7 summit; Macron and Modi raised concerns over the US block on Mythos (Financial Times)
Financial Times:
Sources: Amodei, Altman, and Hassabis called for US-led collaboration on AI rules at the G7 summit; Macron and Modi raised concerns over the US block on Mythos — Dario Amodei is supported by rival Sam Altman in call…
Russia’s War Toll Hits Up to 1.4 Million Casualties, NATO Says
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Trump jokes at Vance’s expense that if Iran deal doesn’t work out: ‘I’m blaming JD’
Trump quips that he’ll let VP shoulder blame if tentative agreement to reopen Strait of Hormuz falters
Senior US officials dictate memorandum with Iran to journalists
The draft agreement would see the US waive, but not eliminate, some wide-ranging sanctions against Iran in exchange for nuclear and security commitments.
US says Iran agrees to dilute uranium under peace deal
US officials said Iran agreed to reduce its enriched uranium, calling it “a major, major win for the United States of America.”