Fed Chair Powell (Q&A) says Well aware that a series of inflation shocks have interrupted progress, there will be some effects on inflation coming forward

QatarEnergy confirms Ras laffan Industrial City has been subjected to missile attacks; emergency response teams were deployed immediately to contain the resulting fires, as extensive damage has been caused

Fed Chair Powell (Q&A) says if progress on inflation is not seen, we will not see a rate cut

Fed Chair Powell (Q&A) says Well aware that a series of inflation shocks have interrupted progress, there will be some effects on inflation coming forward

Fed Chair Powell (post-meeting statement) says economy is expanding at a solid pace, inflation remains somewhat elevated; policy stance remains appropriate

Qatar Civil Defense is responding to a fire in Ras Laffan area following an attack from Iran earlier