Federal Reserve
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worldStrait of Hormuz Threat Could Wipe Out 100 Million Barrels Weekly, Warns Saudi Aramco CEO
Amin Nasser says disruption at key chokepoint could remove 100M barrels per week. Oil prices may surge, impacting energy and crypto markets.
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financeGeopolitical Tensions Push Energy Prices Higher, Stoking Inflation Worries
Morgan Stanley warns of elevated CPI data due to surging energy costs from the US-Iran conflict, dimming hopes for a Fed rate cut.
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financeChina's Inflation Surges: PPI Hits 2.8%, CPI Rises 1.2%
China's April PPI rose 2.8% year-on-year, beating expectations, ending a 41-month deflation streak. CPI climbed 1.2%.
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financeJapan's Yen Intervention Pushes Back Speculators, Short Positions Drop to $4.9B
Japan spent $35 billion to support the yen, reducing short positions to $4.9 billion. The intervention signals a new phase in the ongoing battle with currency markets.
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cryptoIran Proposes Ceasefire and Sanctions Relief; Crypto Markets Watch Closely
Iran's proposal includes a 30-day ceasefire and lifting of sanctions, with potential impacts on oil prices and crypto markets.
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cryptoPowell Digs In: Fed Chair Vows to Stay Despite Trump Pressure
Federal Reserve Chair Jerome Powell plans to remain on the board until 2028, defying President Trump as a Supreme Court case threatens central bank independence.
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financeJerome Powell to Step Down as Fed Chair by May 15, Kevin Warsh Set to Take Over
Jerome Powell will conclude his term as Fed Chair by May 15, 2026, with Kevin Warsh expected to succeed him, according to prediction markets.
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financePIMCO CIO Warns Iran War Could Force Fed Rate Hike
PIMCO CIO warns Iran conflict may force Fed rate hikes, signaling a shift from expected cuts due to soaring energy prices.