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26 May 2025

Fed’s Kashkari: Uncertainty is top of the mind for Fed, US businesses

Minneapolis Federal Reserve (Fed) President Neel Kashkari said in his speech in Tokyo early Monday that “uncertainty is top of the mind for Fed, US businesses.”

Additional quotes

In waiting to observe mode.

Tariffs shock is stagflationary.

Extended tariffs raise risk of stagflation.

Question now is scale of stagflation.

May 26, 2025

US Senator Johnson: We have enough votes to stop Trump’s tax cuts bill

Speaking to CNN News on Sunday, US Senator Ron Johnson said, "I think we have enough (votes) to stop the process until the president gets serious about spending reduction and reducing the deficit.”
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May 26, 2025

WTI holds gains above around $61.50 due to easing US-EU trade concerns

West Texas Intermediate (WTI) Oil price is trading around $61.50 per barrel during the Asian hours on Monday, extending its gains for the second successive day. Crude Oil prices gain ground amid easing concerns over a trade war between the United States (US) and the European Union (EU).
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