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Inflation expectations are only crumbs of comfort for now
Iran war’s impact has been larger on short-term expectations but 2022 serves as a cautionary tale
Oil slumps as US and Iran declare Strait of Hormuz open to shipping
Some tankers reverse course after attempting to transit waterway amid confusion over its status
Lutnick tells Canada ‘they suck’ and vows to wind back trade deal with US
Fraught talks set to resume to end dispute that is costing America more than $1bn a month
Top Fed official warns Iran war could spark ‘lasting’ price shock
Christopher Waller says higher oil prices coupled with Donald Trump’s tariffs raise prospect of prolonged inflation
What Warsh should do at the Fed
If he is finally confirmed, Trump’s nominee for chair must undertake a re-evaluation of the central bank’s structure and purpose
