-
Europe's central bank raises rates to fight inflation from Iran war, the Fed to decide next week
The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war as policymakers around the world including new U.S. Federal Reserve Chair Kevin Warsh wrestle with how to confront the inflation fed by sharply higher oil prices. The ECB’s rate-setting council raised its benchmark rate to 2.25% from 2%, where it had been for a year. The move comes ahead of rate-setting meetings next week at the Fed, the Bank of Japan, and the Bank of England. Oil prices have risen sharply due to Iran choking off the flow of crude oil through the Strait of Hormuz, the sea ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @apewirenews|4 hr ago|30 comments*IRAN SAYS TALKS PRODUCED AGREEMENT IN PRINCIPLE, BUT SUPREME LEADER KHAMENEI APPROVAL STILL NEEDED: AXIOS *IRAN, QATAR SAY U.S. OVERNIGHT STRIKES INCREASED IRANIAN SUSPICIONS ABOUT TRUMP'S INTENTIONS: AXIOS Iran has not yet approved any text for the agreement - Fars News citing informed source
From @FirstSquawk|4 hr ago|132 commentsIRAN AND ISRAEL BOTH DENY EXISTENCE OF ANY AGREEMENT. - N12 NEWS Israel was surprised by Trump’s tweet. Netanyahu was informed about it during a meeting of the Cabinet - Israeli Channel 12
From @realDonaldTrump|4 hr ago|865 comments
Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved, I have, as President of the United States of America, cancelled the scheduled strikes and bombings against Iran this evening. Discussions and final points have been, in both concept and great detail, approved by all parties involved, including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others. The Naval Blockade will remain in full force and effect until this Transaction is finalized — Time and place of the signing to be announced shortly. DONALD J. TRUMP PRESIDENT OF THE UNITED STATES OF AMERICA
-
- Newer Stories
From @DeItaone|3 hr ago|37 commentsIRAN'S FARS NEWS AGENCY SAYS GIVEN THAT THE US HAS ACCEPTED THE TEXT PROPOSED BY IRAN, THE LIKELIHOOD OF THIS TEXT BEING APPROVED BY IRAN IS HIGH Iran has not given a final response yet - Fars News
From msn.com|2 hr 57 min agoGold prices rose 2% on Thursday, with U.S. President Donald Trump calling off planned military strikes on Iran easing fears of oil-driven inflation and elevated interest rates. ...
From @apewirenews|2 hr 52 min ago|86 commentsTRUMP ON IRAN: FINALIZATION POSSIBLE IN NEXT FEW DAYS - RTRS *TRUMP: SIGNING OF IRAN DEAL PROBABLY IN EUROPE *TRUMP: WE HAVE A DEAL IN WHICH IRAN WON'T HAVE NUCLEAR WEAPON *TRUMP: WE HAVE AN IRAN DEAL SIGNING SOON *TRUMP: JUST SPOKE TO LEADERS OF QATAR, UAE, SAUDI ARABIA, QATAR, UAE, SAUDI ARABIA
- Story Stats
- Jun 11, 1:36pm | 3 hr ago Posted byFundamental Analysis21,801
- Linked events:
- Instruments:
- 7 traders viewing now, 1 is registered:
