Watch Live: Fed Chair Powell's Last Press Conference

NY Fed: Inflation Expectations Jump, Driven By Surging Gas Ahead of Friday's CPI report, inflation fears are already rising, with the NY Fed's latest monthly survey of consumer expectations reporting that Inflation expectations at the one-year horizon were higher at 3.42% in March from the previous month’s 3.00%, matching the highest since April '25. Inflation expectations also increased by 0.1% to 3.1% at the three-year-ahead horizon, and were unchanged at 3.0% at the five-year-ahead horizon in March. The jump in year-ahead expectations was driven by a surge in gas inflation which rose 5.3%...

Trump Signals Response To Haifa Refinery Strike 'Shortly' As WH Mulls Uranium Seizure Op; Bessent Vows To 'Retake' Hormuz 'Over Time' Summary Iran rejects 'excessive, illogical' US demands while Trump mentions 'progress' with a 'more reasonable regime'. Trump again threatens to destroy Iran energy sites and Kharg Island. Hundreds of US Special Forces arrive in region. White House seriously considering ground operation to seize Iran's enriched uranium stockpile but also wants Tehran to negotiate handing it over willingly. Bessent: US will 'retake' Hormuz Strait 'over time'. Bazan oil refinery in Israel's northern city of Haifa is...