Under the shadow of potential war between Israel and Iran, Jerome Powell testified before Congress regarding the FED's rate decisions and Europe's economic situation.

1 report, 0 independent Updated Jun 25

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What happened

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Who's involved

What this event is mainly about

Donald Trump FED Europe

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Concerns are mounting regarding the potential for a full-scale war between Israel and Iran, alongside anxieties over Donald Trump's proposed tariffs.

Also in this story

Iran has financed terrorism against Israel, while Trump's political message is linked to economic pain.Jul 9

All 8 developments

Within A Rabobank strategist offered market commentary in Bloomberg regarding the impact of the Iran-Israel conflict and Trump's threatened 30% tariffs on EU exports.

The entities involved

Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
- Trump is open to meeting North Korea while Pakistan raises concerns about Afghanistan and Rubio addresses G20 priorities.05:51
- Rubio and Trump discussed military action and negotiations regarding Iran during a G20 foreign ministers' meeting.05:51
FED
business
- Trump discusses peace talks with Iran as Middle East strikes affect oil prices and tech companies report results.02:37
- Peace talks between Iran and the US are underway, despite volatile statements injecting risk into the process.02:35
Europe
terrestrial continent located in north-western Eurasia
- Conflicts severely affected flows through the Strait of Hormuz, with regions competing for LNG cargoes.05:26
- Libya is now serving as a transit route to Europe.05:22

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Coverage

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Jun 25Unknown outlet