Fed's Williams (voter) says uncertainty around inflation path is 'high'
Fed's Williams highlights significant uncertainty surrounding the inflation outlook, primarily driven by geopolitical factors and tariffs.
Brazil's Planning Minister Tebet says government is not discussing changing the 2027 fiscal goal from the 0.5% primary surplus.
Guyana oil production averaged 915k BPD in January and 918k BPD in February
Fed's Williams (voter) says uncertainty around inflation path is 'high'
8 people killed in an enemy attack on a cargo boat in a village on Qeshm Island in the south of the country, according to Al Jazeera
Iranian Oil Minister says we have taken the necessary measures regarding fuel supplies and will not face any problems, via Al Jazeera citing IRNA
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- Tariffs and Iran war will push up headline inflation.
- Expects the unemployment rate to edge down this year and next.
- Economy facing ‘unusual set of circumstances’.
- Expects higher headline inflation near term on war and tariffs.
- War could both push up inflation, and depress growth.
- Inflation expectations consistent with 2% inflation.
- Expects US GDP to be 2.5% this year amid help from various factors.
- Expects inflation to end this year at 2.75%, and back to 2% in 2027.
- Economy has been resilient among changes.
- No signs of second round inflation impact from tariffs.
- Low hiring rate might be boosting economic pessimism.
- Job market sending out mixed signals.
His expectation of higher near-term inflation juxtaposed with growth concerns suggests a complex economic environment that could influence future rate decisions. The narrative reinforces a cautious stance while hinting at resilience in certain economic indicators, which markets will interpret for implications on policy direction going forward.
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