Fed's Collins (2028 voter) says watching the extent to which tariffs continue to pass through the price chain and Fed may need to raise rates if inflation pressures broaden in coming months, according to WSJ
Fed's Collins comments highlight a cautious approach to inflation, suggesting that the Fed may need to consider raising rates if tariff impacts contribute to broader inflationary pressures.
US Secretary of State Rubio says US hopes to convince China to play a more active role in persuading Iran to back down on its actions in the Gulf, according to Reuters
Newsquawk Daily Asia-Pac Opening News - 14th May 2026
Fed's Collins (2028 voter) says watching the extent to which tariffs continue to pass through the price chain and Fed may need to raise rates if inflation pressures broaden in coming months, according to WSJ
Microsoft (MSFT) is reportedly exploring AI startup deals in preparation for a future beyond its partnership with Open AI, while it discussed a possible deal with AI startup Inception, according to sources
UAE Foreign Ministry denies reports of Israeli PM's Netanyahu visit to the UAE
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Says:
- Sees inflation pressures from the Iran war eventually subsiding.
This signals a potentially hawkish stance that could affect market expectations for interest rates and strengthen the dollar, especially if inflation persists as a concern.
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