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Fed Holds Rates Unchanged (As Expected), 'Dots' Signal Hawkish Bias As Warsh Takes Over

Tl;dr: No rate change (as expected) but a dramatically hawkish shift in The Fed's bias (9 members seeing at least one hike this year). Statement smilled down dramatically, also biases towards hawkish focus on price stability (inflation) over employment: "The Committee will deliver price stability".

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Iranian regime likely to rebuild military with funds released by MoU, ISW assesses

The economic relief granted to Iran under the reported terms of the Memorandum of Understanding (MoU) would likely allow the Islamic regime to immediately reconstitute its military powers, according to an assessment published by the American think tank the Institute for the Study of War (ISW) on Tuesday.

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Security Cabinet officials 'frustrated' over MoU, believe economic collapse imminent - exclusive

Senior figures in Israel's defense establishment voiced frustration during a Security Cabinet meeting this week following the announcement of a Memorandum of Understanding (MoU) between the United States and Iran, arguing that the pressure campaign against Tehran was beginning to produce significant results.

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Fed holds key interest rate steady for 4th straight time under new Chair Warsh

WASHINGTON, June 17 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its benchmark interest rate steady for the fourth consecutive time, marking its first rate decision since new Chair Kevin Warsh took office last month, amid lingering concerns over the economic fallout of the Middle East conflict.

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​Scars concealed, strength revealed

THE Filipino nation has been tempered like steel in the furnace of history, shaped by centuries of trial and transformation. From earthquakes that shook the land to storms that battered our shores, from the shackles of poverty and injustice to the labyrinths of governance, our people have walked through fire. Yet, l…

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​Peace deal will not bring instant relief

AFTER nearly four months of war, the United States and Iran have finally confirmed that a preliminary deal to end their conflict has been agreed, and is expected to be signed in Switzerland on Friday, June 19. This is welcome news for us here in the Philippines, as we have been hit hard by skyrocketing fuel prices, …

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