Fed's Waller Warns Another Hot Core Inflation Reading Could Bring Near-Term Rate Hike
Fed Governor Christopher Waller said the central bank would need to consider a near-term rate hike if this week's core inflation reading comes in hot, adding that he would need to see several months of lower core readings before concluding inflation is moving in the right direction.
Waller said recent increases in core inflation have been broad and that he remains concerned about the elevated pace of core prices, even as he expects headline inflation to decelerate starting with this week's data. He cited tariffs, energy prices and demand from AI buildout as factors pushing inflation higher, and U.S. short-term interest-rate futures later showed a 45% probability of a July Fed rate hike, up from 35% earlier.
From the sources (25 posts)
@zerohedge*EXPLOSION HEARD IN BANDAR ABBAS NEAR HORMUZ STRAIT: FARS
@financialjuiceSeveral blasts reported east of Iran’s Bandar Abbas, coastal Qeshm area; causes unclear: Iran’s Fars
@deitaoneSEVERAL EXPLOSIONS HEARD EAST OF IRAN'S BANDAR ABBAS AND IN COASTAL AREA OF QESHM; REASONS UNKNOWN - IRANIAN MEDIA
@osint613NOW: Explosions heard in Bandar Abbas and Qeshm, Iran - Fars
@me_observer_⚡️ ⚡⚡ Explosions in southern Iran, specifically Bandar Abbas and Qeshm Island.
@zerohedge*EXPLOSION ALSO REPORTED IN COASTAL AREA OF QESHM ISLAND: FARS
@osint613JUST IN 🔴 Iranians are reporting multiple explosions in the strait of Hormuz near Qeshem Island. It may have begun.
@iranintl_enSeveral explosions were heard east of the southern Iranian port city of Bandar Abbas and in a coastal area of Qeshm on Sunday, with the cause still unknown, IRGC-affiliated Fars news agency reported.
@ariel_oseranBREAKING: Several explosions heard in Bandar Abbas and Qeshm Island in southern Iran, along the Strait of Hormuz, the IRGC-affiliated Fars News reports.
@osint613More than 10 explosions were reported by locals on Qeshm Island. A photo shows thick smoke rising from the island.
@warmonitor3Multiple large explosions in the Strait of Hormuz near Qeshm Island.
@endgameww3RT @FaytuksNetwork: The U.S. military has conducted strikes on Iranian missile and air defense systems, as well as IRGC small boats, at sev…
@staunovoUS President Donald Trump says the United States hit Iran hard in response to its latest attacks on shipping in the Strait of Hormuz. “We hit them very hard last night,” Trump told CNN by telephone in an interview centering mainly on the d
@staunovoPresident Trump says US hit Iran “very hard last night” and insists Strait of Hormuz is open
@oilheadlinenewsTrump to NBC: The Strait of Hormuz is open. We blew them apart last night. He called the Iranians "very evil and sick people," saying they agreed to a deal yesterday and then attacked a ship @Osint613
@endgameww3RT @FaytuksNetwork: Based on local reports, several explosions have been heard from the coastal areas of Qeshm and Bandar Abbas, appearing…
@clashreportSeveral explosions were heard near Bandar Abbas and Qeshm Island, including the island's southern area, according to local reports.
@firstsquawkFars News Agency: Explosions from the eastern side of Bandar Abbas city and the Qeshm maritime region south of Iran
@oilheadlinenewsInitial reports of the IRGC attacking US warships operating in the Strait of Hormuz. Multiple explosions in the Strait of Hormuz near Bandar Abbas and Qeshm Island, per Fars. @HormuzLetter
@marionawfal🇮🇷 Explosions reported in Bandar Abbas and Qeshm Island, southern Iran. Residents heard several blasts from the east of Bandar Abbas and the Qeshm maritime area. Bandar Abbas is Iran’s largest and most critical southern port on the Strait
@warmonitor3Looks like the US airforce just conducted strikes on several IRGC positions across Qeshm Island.
@ariel_oseranSmoke rises from the site of apparent U.S. airstrikes on Qeshm Island, southern Iran.
@faytuksnetworkThe Governor of Qeshm says 10 to 11 projectiles has struck the island, all targeting military sites. No casualties reported - IRNA
@deitaoneIRAN'S IRNA SAYS MISSILES LAUNCHED BY THE 'ENEMY' TOWARDS IRAN'S QESHM ISLAND ON SUNDAY
@ajenewsBREAKING: Iran says 10 to 11 'enemy projectiles' hit Qeshm Island 🔴 LIVE updates: