Key Events This Week: Core PCE, Global PMIs, Micron Earnings And Fed Talk

Iran sent a proposal to the US that would bring the war to an end and allow ships to transit the Strait of Hormuz. Iranian officials sent the new proposal to the US via Pakistan. Tehran’s deal includes the reopening of the Strait of Hormuz in exchange for Washington ending its blockade and war against […]

IMF Warns Iran War Will Slow Global Growth, Raise Inflation, And Worsen Food Insecurity Submitted by OilPrice.com Severe fuel shortages, hunger, and spiralling inflation will be some of the consequences of the Iran war as the head of the International Monetary Fund said that it would leave “scarring effects” on the global economy.   In a speech by Kristalina Georgieva, the IMF’s managing director, global policymakers were warned that trade disruption across the Middle East over the last month would lead to lower growth and higher inflation. IMF Başkanı Kristalina Georgieva, İran savaşının küresel...

John Bolton Pleads Guilty To Retaining National Security Information John Bolton, former national security adviser to President Donald Trump, pleaded guilty on Friday to one count of retaining national security information related to his work during the first Trump administration.  Bolton appeared Friday morning for a re-arraignment in Greenbelt, Maryland before Obama-appointed judge Theodore D. Chuang. He faces a prison sentence of up to 60 months and has agreed to pay $2.25 million, according to prosecutors. Sentencing is scheduled for Oct. 28.  Bolton was originally charged in October of 2025 with eight counts of transmission...