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News 2026-09-24 10:01 UTC

Fed again hoping for a pain — free landing from current inflation spike

Fed projects a slow return to inflation target, but no rise in unemployment Warsh says labor market damage is not needed to restore price stability Policymakers see expectations leading to tempered price hikes Others argue demand, somewhere in the economy, will have to take a hit By Howard Schneider and Ann Saphir WASH

News 2026-06-26 04:28 UTC

Oil Holds Gain

Oil prices hold gains as traders weigh Hormuz flows after a ship attack in the Strait of Hormuz