BREAKING: ๐บ๐ธ Bipartisan negotiations are now underway on Capitol Hill to resolve the remaining hurdles surrounding the CLARITY Act.
Lawmakers are working toward a final agreement as hopes grow for the bill's approval. ๐
BREAKING: ๐บ๐ธ Fed official Lorie Logan says one month of softer CPI inflation is not enough to justify a policy shift.
She added that higher interest rates may be needed to better balance the economic outlook, signaling that some Fed officials remain open to further rate hikes.
BREAKING: ๐บ๐ธ U.S. annual CPI rose 3.5%, coming in below the 3.8% forecast.
The softer-than-expected inflation reading signals continued easing in price pressures, strengthening expectations for a more accommodative policy outlook.
๐จ The Federal Reserve and the U.S. Treasury continue injecting liquidity into the financial system.
So far this month, the U.S. Treasury has added approximately $180 billion through Treasury General Account (TGA) drawdowns and Treasury bill buybacks.
At the same time, the Federal Reserve has injected an additional $15.5 billion via Treasury bill purchases, further boosting market liquidity.
BREAKING: ๐บ๐ธ๐ฎ๐ท The U.S. has launched strikes on Iran after Tehran allegedly attacked commercial vessels in the Strait of Hormuz.
Earlier today, Washington also revoked the license that had allowed Iran to continue selling oil.
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