Kashkari says Iran war limits Fed's ability to provide rate guidance
By Michael S.
May 03, 2026By Michael S.
May 03, 2026
Inflation data last week was "bad news" for the U.S.
May 03, 2026
The S&P 500 and the Nasdaq advanced to record closing highs on Friday, boosted by robust earnings and a dip in crude prices, and turning
May 01, 2026
U.S. manufacturing activity held steady in April, but supplier delivery performance worsened as the war in the Middle East disrupted shipping in the
May 01, 2026
Major central banks left interest rates unchanged this week but warned that they could raise them soon to prevent a jump in energy
April 30, 2026
The Bank of England kept interest rates on hold on Thursday and set out a range of possible economic impacts from
April 30, 2026
Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April
April 30, 2026
Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of
April 30, 2026
A look at the day ahead in European and global markets from Stella Qiu Jerome Powell's parting gift as Fed Chair was a proper hawkish tilt - the U.S. central bank held interest rates steady but in the
April 30, 2026
On a chilly spring day in 2017, Jerome Powell made a six-hour round trip by car through heavy mountain fog from Washington to West Virginia
April 29, 2026
India's economy remains resilient but faces mounting risks from the Middle East conflict, which has disrupted supplies of
April 29, 2026
Investors have built the biggest short yen position in nearly two years, selling the currency against the euro, Swiss franc,
April 29, 2026
China's factory activity likely grew at a slower pace in April as rising cost pressures stemming from the Middle East conflict test Beijing's reliance on manufacturing to
April 29, 2026
Top American companies from GM to Coca-Cola are trying to reassure investors they can weather the financial fallout from the Iran war, even as surging fuel and
April 29, 2026
U.S. tech stocks dived on Tuesday, slammed by worries over the sector's lofty growth expectations ahead of key earnings reports, while another
April 29, 2026
Inflation in most countries will be markedly higher this year than predicted three months ago amid a stalemate in the energy crisis brought about by the
April 28, 2026
South Korea's monetary policy board said a cautious, wait-and-see approach is appropriate for now as heightened uncertainty from the Iran war warrants more monitoring of
April 28, 2026
Venezuela's central bank said on Monday that it and the United States have each hired firms to audit assets held abroad by the South American country,
April 27, 2026
With government debt levels sky high across the developed world, leaders are being warned to get their fiscal houses in order, but in an age of
April 27, 2026
Two months since the outbreak of the Iran war, the charts below show how the economic toll is spreading beyond the Middle East, with
April 27, 2026
The European Central Bank meets on Thursday, with an Iran war
April 24, 2026
German consumer sentiment is expected to worsen heading into May as households' income expectations have become bleaker in the face of rising inflation, driven higher by
April 27, 2026
The Bank of England will keep interest rates on hold this week and try to look ahead to the damage building up for Britain's economy from the Iran war
April 27, 2026
President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month
April 26, 2026
As Japanese companies begin earnings season with rosy reports of results past, investors are watching out for signs of the Middle East conflict upending
April 27, 2026
A scorching U.S. stock rally faces a test from a mammoth week of corporate results led by major technology companies, along with a Federal Reserve
April 24, 2026
Consumer sentiment rebounds slightly after hitting lowest level on record
April 24, 2026
Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!
April 24, 2026
A spike in energy costs caused Spanish industrial prices to rise at their fastest rate in a year in March after falling for four consecutive months, the National Statistics
April 24, 2026
The Middle East conflict will lead to slower economic growth and higher inflation in Switzerland, but the Swiss National Bank has unrestricted scope to target
April 24, 2026
French consumer confidence fell sharply in April, recording its largest drop since the start of the Ukraine war in 2022, the INSEE official statistics agency said on Friday.
April 24, 2026
Swiss National Bank Chairman Martin Schlegel said the outlook for Switzerland's economy hinges on how long conflict-driven energy price pressures persist, warning that
April 24, 2026
The global economy is facing ever more tangible strains from the energy shock triggered by the Iran war
April 23, 2026
India's inflation risks have increased, driven by supply-side disruptions including the Iran war and weather-related uncertainties, the central bank
April 23, 2026
U.S. business activity picked up in April after nearly stalling in the prior month, but supplier delivery times at factories worsened as the war with
April 23, 2026
Honeywell on Thursday forecast second-quarter revenue below Wall Street estimates as conflict in the Middle East weighed on the U.S. industrial giant's business, sending shares
April 23, 2026
Inflation indicators from British companies flashed red in two long-running business surveys published on Thursday, which showed record
April 23, 2026
The world's No. 2 brewer Heineken said on Thursday energy costs and inflation - driven up by the war in Iran - could hit demand for its beers, though its
April 23, 2026
The Bank of Japan is expected to keep interest rates steady next week but signal its readiness to hike them as soon as June, as a war-driven energy shock
April 23, 2026
Shares are mixed in Asia and oil prices are little changed as markets watch for the latest developments in the war with Iran
April 22, 2026
Kevin Warsh, tapped by President Donald Trump to lead the Federal Reserve, told a Senate panel on Tuesday he would work with the Treasury Department to help achieve his
April 22, 2026
U.S. retail sales increased more than expected in March as the war with Iran boosted gasoline prices and led to a record surge in receipts at service
April 21, 2026
U.S. banks last week reported a sharp ramp-up in corporate borrowing, offering an early indication of resilience in parts of the economy even as inflationary
April 20, 2026
Mexico's economy will remain stuck in mild stagflation in 2026, a Reuters poll of economists found, held back by uncertainty over its trade deal
April 20, 2026
U.S. homebuilders will likely point to another challenging year as tariffs and the Iran war further squeeze margins
April 20, 2026
Developing country policymakers left this week's IMF-World Bank meetings more frustrated than ever that successive external shocks
April 20, 2026
Most Japanese households expect prices to continue rising in the coming years, a quarterly survey showed on Monday, keeping pressure on the central bank to
April 20, 2026
Bank Indonesia (BI) is set to keep its key policy rate unchanged on Wednesday, according to all 31 economists polled by Reuters, with many paring bets
April 20, 2026
Gas prices won’t fall quickly. Here are ways to pay less at the pump right now
April 19, 2026
Bank of Canada Governor Tiff Macklem said on Friday inflation will rise in the short term and that an uptick in
April 18, 2026
China is expected to leave benchmark lending rates unchanged for an 11th consecutive month in April, a Reuters survey showed, as robust first-quarter growth and a pick-
April 17, 2026
Brazil's central bank is cautious amid uncertainties over the potential duration and consequences of the U.S.-Israeli conflict with Iran, and the final size of its interest rate
April 17, 2026
The start to the year has have left investors with a serious case of whiplash with the eruption of war in Iran triggering a record jump in oil prices, major
March 27, 2026
By Mike Dolan March 31 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets The turbulent first quarter of 2026 ends with a dull thud, as the Iran war
March 31, 2026
U.S. consumer confidence unexpectedly edged up in March, but households remained downbeat on the labor market and anticipated higher inflation over
March 31, 2026
Colombia's central bank raised the benchmark interest rate on Tuesday for a second consecutive policy meeting, to 11.25%, while the
April 01, 2026
Japan's factory activity expanded at a slower pace in March as growth in output, orders and manufacturers' confidence cooled and cost pressures hit a 19-month high due to
April 01, 2026
U.S. average gasoline prices rose above $4 a gallon on Monday for the first time in more than three years, capping the sharpest monthly rise
March 31, 2026
British factory cost pressures soared in March and delivery delays - due to ships avoiding the Strait of Hormuz - were the longest since mid-2022, according to a survey
April 01, 2026
The euro zone economy may already be on the "adverse" path outlined by the European Central Bank and inflation could become entrenched quicker than in
April 01, 2026
U.S. retail sales increased by the most in seven months in February as motor vehicle purchases rebounded and temperatures warmed up, but surging
April 01, 2026
British business confidence has fallen as the Iran war exacerbates worries among employers about costs, according to a survey of accountants that chimed with similar
April 02, 2026
British companies expect to raise prices more quickly in the coming 12 months as they respond to a surge in energy prices due to the Iran war, cut jobs and
April 02, 2026
By Michael S.
April 16, 2026
By Michael S.
April 02, 2026
Japan's services sector grew at its weakest pace in three months in March, a private survey showed on Friday, as rising uncertainty over the Middle East war crushed business
April 03, 2026
U.S. nonfarm payrolls expanded more than Wall Street anticipated last month and the jobless rate fell to 4.3%, bolstering expectations that the Federal Reserve will hold
April 03, 2026
A fresh read on inflation and initial company results next week could start to show the Middle East war's effects on the U.S. economy and corporate
April 03, 2026
India’s central bank is expected to keep interest rates on hold on Wednesday as policymakers assess the fallout from the war in Iran, which threatens the
April 06, 2026
Workers of the world's largest meat company, JBS, agreed to return to work at a beef plant in Greely,
April 05, 2026
The Bank of Japan can see through inflationary pressures from the war in the Middle East as any second-round effects on broader prices will be limited,
April 16, 2026
The Bank of Japan will raise its benchmark rate to 1.00% by end-June, with nearly two-thirds of economists in a Reuters poll predicting the move, and a
April 16, 2026
The euro zone economy may be moving towards the European Central Bank's adverse scenario but policymakers need to remain patient and not rush any
April 16, 2026
The European Central Bank may not have all the data this month to determine if interest rates will have to be raised to tame an inflation surge and the June meeting
April 16, 2026