Lagarde Says War’s ‘Double Uncertainty’ Calls for More Data
European Central Bank President Christine Lagarde said two main factors around the Iran war are hampering efforts to map out a monetary-policy response.
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European Central Bank President Christine Lagarde said two main factors around the Iran war are hampering efforts to map out a monetary-policy response.
A rally in oil drove stocks lower as a turbulent weekend in the Middle East cast doubt on prospects for peace talks between the US and Iran before their fragile ceasefire deal expires.
Kevin Warsh, Donald Trump’s nominee to be the next chair of the Federal Reserve, vowed to protect the US central bank’s independence if he is confirmed to the role.
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Most emerging-market currencies weakened Monday after Iran closed the Strait of Hormuz again and President Donald Trump sent mixed signals about progress on a peace deal with the Islamic Republic.