Is U.S. Housing Starting to Crash?

Iran's Foreign Minister: What is happening now is not negotiations but an exchange of messages directly or through our friends in the region. - Al Jazeera Iran’s Foreign Minister Araghchi: We will not accept a ceasefire but rather seek a complete end to the war, not in Iran alone but in the entire region - Al Jazeera.

Thank you for joining me today. It’s always a pleasure to be in Oklahoma City, and I’m especially honored to be invited to the Rotary Club, an organization—as the slogan goes—that is committed to “Service Above Self.” The power of an organization like this arises from the value of its mission and the size of its membership. I’m told the Oklahoma City Rotary Club is among the largest in world. Talk about strength in numbers! When an organization has a large membership committed to a worthy mission, the collective impact can be extraordinary. I see many parallels between the Rotary Club and the organization I lead, the Federal Reserve Bank of Kansas City. We too have a public service mission: to promote economic and financial stability. The Fed was deliberately structured as a decentralized institution, with 12 independent and regionally defined Reserve Banks. At the Kansas City Fed we take very seriously our connection and service to the region. Ou Fed's Schmid key remarks: "There is a real risk inflation will get stuck closer to 3%." Inflation is the "more salient risk" for the Fed - "can't be complacent about inflation expectations." Higher energy prices will increase inflation, including core. Can't assume oil-driven… FED'S SCHMID: US ECONOMIC RESILIENCE SHOULD NOT BE UNDERESTIMATED. ...

Trump: Negotiations with Iran are going well - Axios.

Thank you for the opportunity to be part of this discussion. Last year, Congress passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which ...