Tag: us inflation

Iran war is pushing up oil and other costs raising fears that higher rates could threaten Wall Street’s bull market. (REUTERS/Jeenah Moon/File Photo) (REUTERS)
Posted in Business

Trumpflation could threaten Wall Street’s bull market: How the Iran war is keeping inflation high

Donald Trump’s return to the White House has historically gone alongside strong stock-market gains. During his first, non-consecutive presidential term, the Dow Jones Industrial Average…

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Chair Jerome Powell has reiterated that the US Federal Reserve is slightly more worried about the job market than its other congressional mandate, which is to keep the US inflation in check. (Bloomberg)
Posted in Business

Jerome Powell hints at more US Fed rate cuts amid jobs slowdown| Business News

Jerome Powell signalled more US Fed rate cuts are in the offing as a slowdown in jobs creation poses a growing risk to the US…

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