Logan, a policymaker at the Federal Reserve, delivered remarks in Houston regarding how Middle East hostilities are posing inflation risks.

1 report, 1 independent Updated Jul 17

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Logan FED Middle East

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Part of

U.S. inflation is driving central bank policy decisions while regional tensions affect global oil supplies. All 2 developments

Within Wholesale prices have surged, indicating inflationary pressures, leading both central banks to contend with sticky prices and shaky economic growth.

The entities involved

Logan
French illustrator

Nothing else this week.
FED
business
- US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
- Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
- A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
- Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

Economists forecast CPI inflation reports driven by Middle East supply crunch, while market bets on Fed hikes intensify.Sep 6

Coverage

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Jul 17hellenicshippingnews.com