At worst, the alarming word may apply to the 2026 earthquake – Asia Times

At worst, the alarming word may apply to the 2026 earthquake - Asia Times

In the war between Iran, the United States and Israel, the economy has become a weapon like missiles, bombs and drones. Iran’s current control over the flow of a fifth of the world’s oil supply through the narrow Strait of Hormuz between Iran and Oman is really threatening to use the fear of economic collapse … Read more

Powell sees inflation slowing, not necessarily rising due to oil scare

Fed Chair Powell: Inflation expectations appear to be fairly stable over the short term

The chairman of the Federal Reserve Jerome Powell, in a wide speech at Harvard University, said on Monday that he sees inflation expectations established despite the rise in energy prices so the central bank does not need to respond with higher interest rates. As his term leading the central bank draws to a close, Powell … Read more