For more than thirty years, Germany has been the main pillar of the eurozone’s fiscal credibility. It was not simply a matter of public finances. Berlin embodied the very philosophy on which the single currency was based: limited debt, contained deficits, and a central bank independent of government financing. The Maastricht criteria — a public deficit ...

President Donald Trump declared on Friday that the ceasefire between Iran and the U.S. is “OVER,” though diplomatic talks will continue, after a tumultuous week in which the two sides traded blows and the president suggested restarting his blockade in the Strait of Hormuz. “The Islamic Republic of Iran has asked us to continue ‘talks.’ We have agreed to do ...

The Federal Open Market Committee (FOMC) is firmly committed to fulfilling its statutory mandate from Congress of promoting maximum employment, stable prices, and moderate long-term interest rates. The Committee seeks to explain its monetary policy decisions to the public as clearly as possible. Such clarity facilitates well-informed decisionmaking by households and businesses, reduces economic and financial uncertainty, increases the effectiveness of monetary policy, and enhances transparency and accountability, which are essential in a democratic society. The Committee’s monetary policy strategy is designed to promote maximum employment and stable prices across a broad range of economic conditions. Employment, inflation, and long-term interest rates fluctuate over time in response to economic and financial disturbances. Monetary policy plays an important role in stabilizing the economy in response to these disturbances. The Committee’s primary means of adjusting the stance of monetary policy is through changes in the target range for the federal funds rate. The Committee is prepared to use its full range of tools to achieve its maximum employment and price stability goals, particularly if the federal funds rate is constrained by its effective lower bound. Durably achieving maximum employment fosters broad-based economic opportunities and benefits for all Americans. The Committee views maximum employment as the highest level of employment that can be achieved on a sustained basis in a context of price stability. The maximum level of employment is not directly measurable and changes over time owing largely to nonmonetary factors that affect the structure and dynamics of the labor market. Consequently, it would not be appropriate to specify a fixed goal for emp Fed report: housing market activity remains stagnant Fed report: indicators of long-term inflation expectations broadly align with 2% target Just in | Federal Reserve Reports Bank Reserves Remain 'Ample' Despite Reserve Management Purchases Fed report: Q1 2026 expansion boosted by tech investment, government outlays

Trump: Agreed to Keep Negotiations With Iran Going Trump: Iran has requested US to proceed with talks BREAKING: Trump: Have agreed to Iran talks, but united states has stated to them, in no uncertain terms, that cease fire is over. The Islamic Republic of Iran has asked us to continue “talks.” We have agreed to do so, but the United States has stated to them, in no uncertain terms, that the Cease Fire is OVER! Thank you for your attention to this matter. President DONALD J. TRUMP

Western leaders came to Turkey to discuss security in an increasingly perilous world. They each left with a revolver and six rounds. The unconventional gift from the host of this week’s NATO summit, Turkish President Recep Tayyip Erdogan, was meant to showcase his country’s growing defense industry. But it left officials across the alliance scratching their ...

The guns have actually been silent in the Middle East overnight, after two days of deadly strikes between the United States and Iran, amid a general return to premarket open headlines of 'peace imminent again' as mediators desperately work to get diplomacy back on track. For example, The New York Times writes early Thursday that "Qatar, which helped broker ...

I will not sign the Housing Bill, which has been fully approved by Congress and sent to the White House, in PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT, which is polling at 97% with the Republican Party, and very high with the non-politician Dumocrats. The Act states, quite simply, that to Vote a person must show PHOTO VOTER I.D., PROOF OF CITIZENSHIP, AND THAT THERE WILL BE NO MORE CROOKED, CORRUPT, & DESTABILIZING MAIL-IN BALLOTS (EXCEPTIONS for Military, Disabled, Illness, and Travel!). THE SAVE AMERICA ACT’S non-passage is CRAZY, and a serious threat to any politician who votes against it! If the Dumocrats, or any RINO (or worse!) working with them, do not allow a positive Vote on SAVE AMERICA, TERMINATE THE FILIBUSTER, and pass this, and every other Bill that true Republicans have ever dreamt of (In addition to the upcoming Budget BOMB and the 1929 catastrophic style DEBT CEILING BILL!). The Dumocrats will TERMINATE THE FILIBUSTER, if and when they ever get the chance to do so, in their very first hour - And I will no longer be able to call them Dumocrats again! The title of DUMB will revert to the Republicans who allowed this horrible calamity to happen to our Party, and our Nation, itself! MAKE AMERICA GREAT AGAIN! President DONALD J. TRUMP

The West’s single biggest failure after Russia’s invasion of Ukraine was the fear that radical action - like shutting down Russia’s oil exports with a blockade - would spike global oil prices, driving the world into recession. That’s what led to the G7 oil price cap, which tried to have it both ways: keep Russian oil flowing to global markets, but set an ...

Gold edged lower ​on Friday and was set for a weekly loss, as rising crude oil prices and escalating U.S.-Iran tensions fed concerns that the Federal Reserve may keep monetary policy tight for longer. Spot gold fell 0.4% to $4,105.97 per ounce by 1106 GMT, leaving it down about 1.6% ​for the week. U.S. gold futures for August delivery slipped 0.6% to ...

Employment was little changed in June (+18,000; +0.1%) and the employment rate rose 0.1 percentage points to 60.8%. The unemployment rate declined 0.1 percentage points to 6.5%. Employment was up among youth (15 to 24 years old) (+33,000; +1.2%) and among core-aged people (25 to 54 years old) (+33,000; 0.2%), while it fell among those aged 55 and older ...

QATARI NEGOTIATORS ARE IN IRAN TO MEET IRANIAN OFFICIALS IN AN EFFORT TO DE-ESCALATE TENSIONS AND CREATE CONDITIONS FOR BROADER NEGOTIATIONS TO CONTINUE; TALKS CONDUCTED IN COORDINATION WITH U.S. - SOURCE WITH KNOWLEDGE OF THE SITUATION QATAR SAYS IMPORTANT FOR IRAN, US TO IMPLEMENT MOU Talks aim to address implementation of the US-Iran memorandum of understanding and issues that triggered the recent US-Iran escalation, including disputes over navigation in the Strait of Hormuz - Source with Knowledge of Situation.

Gold prices edged higher on ​Friday as the dollar softened, but were on track for a weekly decline on concerns that escalating US-Iran tensions could fuel inflation and keep the US Federal Reserve on a hawkish monetary policy path. Spot gold was up 0.2% at $4,128.92 per ounce, as of 0303 GMT, and headed ​for an over 1% weekly fall. U.S. gold futures for ...