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FOMC Minutes Show 'A Few' Fed Members Wanted To Hike In June, 'Majority' Fear Higher Inflation
FOMC Minutes Show 'A Few' Fed Members Wanted To Hike In June, 'Majority' Fear Higher Inflation
Tl;dr: The minutes underscored a more hawkish tone on inflation. UBS traders noted that most participants cited scenarios in which price pressures could remain elevated, including stronger AI-related demand, the ongoing Middle East conflict and tariffs. In those cases, nearly all of those officials said some additional policy tightening would likely be warranted. Fed staff raised their inflation outlook for 2026 and 2027 compared with the April forecast, reflecting the effects of the Middle East...
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Jul 22, 2026 / Tyler Durden
House Passes Defense Policy Bill That Attaches SAVE America Act
House Passes Defense Policy Bill That Attaches SAVE America Act
Authored by Jackson Richman via The Epoch Times,
The House of Representatives on July 22 passed a $1.15 trillion defense policy bill that attaches a key election integrity bill championed by President Donald Trump.
The tally for the National Defense Authorization Act (NDAA) was 216–212.
Six Democrats crossed the aisle to back passage of the bill, while six Republicans - among them Reps. Eli Crane (R-Ariz.) and Chip Roy (R-Texas) - opposed the bill.
Amendments introduced by Republicans were voted on late on July...
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Jun 10, 2026 / Dave DeCamp
Bulgaria To Stop Sending Military Aid to Ukraine
Bulgaria’s new government will stop sending military aid to Ukraine, the country’s defense minister said on Tuesday, as the more than four-year-old war grinds on with no end in sight. “We have already made it clear that the war in Ukraine will not be resolved on the battlefield,” Defense Minister Dimitar Stoyanov told reporters, according […]
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Feb 18, 2026 / Dave DeCamp
Report: Trump Close To a Major Attack on Iran That Will Be Bigger Than 12-Day War
The Trump administration is close to launching a major attack on Iran as it continues a massive buildup of military forces in the Middle East, according to a report from Axios reporter Barak Ravid. Sources told Ravid that the potential US attack on Iran would likely be a massive multi-week operation, much bigger than the […]
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