US President Trump reiterates criticisms against Fed Chair Powell; "When is “Too Late” Powell lowering INTEREST RATES?"
Trump's reiteration of criticisms against Fed Chair Powell highlights increasing political pressure on the Fed regarding interest rates.
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Iran is to take several phases of the South Pars Gas field offline, Fars News reports
US President Trump reiterates criticisms against Fed Chair Powell; "When is “Too Late” Powell lowering INTEREST RATES?"
Air Products and Chemicals (ADP) says direct operational impacts from the Middle East are limited for now, but the business in the region will suffer
A senior Israeli official says the Israeli Air Force struck the largest natural gas processing facility in Iran, located in the southwest of the country. The strike was carried out in coordination with and with the approval of the US, via Axios
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This could be seen as dovish, suggesting that there may be growing expectations for rate cuts, which may influence market sentiment and investor positioning across equities and fixed income, particularly if this rhetoric resonates broadly ahead of the next Federal Reserve meeting.
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