According to a Bloomberg report, Federal Reserve Bank of Kansas City chief Jeff Schmid said on Tuesday that inflation in the U.S. has been above the Fed’s target for almost five years.
Ryanair CEO Michael O’Leary addressed reporters at a press conference in Poland, predicting that tourism flows to the Middle East will suffer as a result of the Iran war.
U.S. index futures declined sharply in Tuesday’s pre-market, mirroring the global rout as the U.S.–Israel–Iran conflict fuels a rise in oil prices and renewed inflation worries.
A Reuters report highlighted rising UK, Canadian and EU interest in Greenland mining, where CRML owns the Tanbreez rare-earth project, one of the world’s largest deposits
Mortgage rates have remained higher due to inflation and rising prices across the board in recent years, driven by Trump tariffs and post-pandemic constraints.
The "Fear Gauge" has officially woken up. On Monday, March 2, 2026, the Cboe Volatility Index (VIX) staged a dramatic 12% rally, piercing the psychologically significant 20-level to close at 22.40. This sudden spike signals a sharp departure from the relative complacency that defined the start of the year,
“I think the recent Iran situation puts the Fed even more on hold, more reluctant to cut rates than they were before this happened,” Yellen said, according to a Bloomberg report.
The President added that while the U.S. has projected a timeline of four to five weeks for the Iran mission, the country has the capability to extend it far longer.
During an interview with CNBC, Eisman downplayed the impact of the Iran conflict, stating that it could be “very, very positive” in the long term for equity markets.
The analyst stated that the escalation of tensions in the Middle East is “unlikely to stick for long” due to political calendars, with the U.S. midterm elections slated for November 2026.
