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Fed Chair Warsh condemns inflation while dodging on hikes
US Federal Reserve Chair Kevin Warsh on Tuesday committed to tackling stubborn inflation in hawkish comments that investors took as a signal borrowing costs are likely to stay higher for longer. Warsh sidestepped questions about whether the Fed would raise rates, even though lawmakers pressed him. But he again emphasized the Fed’s goal of price stability and dismissed a cooler-than-expected inflation report as “just one datapoint,” adding that he doesn’t want to “cherry-pick data.” “There might be some that look at this morning’s data and say, ‘Oh, mission accomplished, everything is swell,’” ... (full story)
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US CENTCOM: : AT 6 A.M. ET TODAY, U.S. CENTRAL COMMAND FORCES BEGAN LAUNCHING A WAVE OF STRIKES AGAINST IRAN. - RTRS $CL 
U.S. launches fresh wave of strikes on Iran, as analysts warn conflict risks becoming ‘forever war’ The U.S. launched a fresh round of strikes on Iran early Wednesday morning, hours after President Donald Trump warned military strikes would intensify next week if Tehran does not cooperate in peace talks. U.S. Central Command said in a post on X on Wednesday that it had begun launching a wave of strikes against Iran at 6 a.m. ET. “The strikes are designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz,” it said. Centcom had carried out more strikes against Iran on Tuesday. Tehran, meanwhile, has launched attacks on multiple Gulf countries. In an interview with Fox News on Tuesday evening, Trump hinted that the conflict was more likely to intensify than de-escalate as a fragile ceasefire agreed last month continues to fracture.
U.S. launches fresh wave of strikes on Iran, as analysts warn conflict risks becoming ‘forever war’ The U.S. launched a fresh round of strikes on Iran early Wednesday morning, hours after President Donald Trump warned military strikes would intensify next week if Tehran does not cooperate in peace talks. U.S. Central Command said in a post on X on Wednesday that it had begun launching a wave of strikes against Iran at 6 a.m. ET. “The strikes are designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz,” it said. Centcom had carried out more strikes against Iran on Tuesday. Tehran, meanwhile, has launched attacks on multiple Gulf countries. In an interview with Fox News on Tuesday evening, Trump hinted that the conflict was more likely to intensify than de-escalate as a fragile ceasefire agreed last month continues to fracture.
From tickmill.com | Jul 15, 2026
Copper prices are pushing higher through the middle of the week with the futures market up around 3%. The move comes amidst a changing outlook for the US Dollar on the back of yesterday’s softer-than-forecast US inflation data. Headline CPI dropped to 3.5% last month, down sharply from the prior month’s 4.2% reading and well below the 3.8% the market was ...
