Central Banks Brace for Inflation as Energy Prices Surge
Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices. Read more
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U.S. Encourages Flow of Iranian Oil While It Battles Iran
Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices. Read more
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Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists. Read more
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