macro

Federal Reserve Board issues enforcement action with Iuka Bancshares, Inc. and The Iuka State Bank

Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of First Interstate Bank

Gold gains on softer dollar as markets assess Fed stance, Middle East tensions Reuters

Federal Reserve Chair Kevin Warsh kicked off his second post-decision press conference with a familiar refrain: Inflation has been running above the central bank’s 2% objective for too long, and he’s resolute about fixing it. “You’ve heard this before, but we will deliver price stability,” he said.

Decision comes against backdrop of renewed volatility in energy prices

The message from the bond market was clear: For all of Federal Reserve Chairman Kevin Warsh’s tough talk about taming inflation, he’s not rushing fast enough to deliver.

The Fed is a player, not a referee

30-year Treasury bonds faced backlash after the Fed kept rates unchanged but investors were worried about Kevin Warsh’s future plans to tame inflation. Rachana Mehta, Head of Regional Fixed Income at Maybank Asset Management spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the

Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)

Trump says will hit Iran hard after attack, was briefed on Egypt tanker Reuters