Federal Reserve Chair Jerome Powell warned that interest rate forecasts may change based on future data and highlighted expected inflation growth in the coming months.
Federal Reserve Chairman Jerome Powell on Wednesday advised caution against placing too much trust in the central bank’s interest rate forecasts. According to him, these forecasts could change depending on future economic indicators, especially inflation.
On the same day, the Fed confirmed its expectation to lower the short-term interest rate twice this year. At a press conference, Powell stated, “No one holds these rate paths with a great deal of conviction, and everyone agrees they are entirely data-dependent.”
He also emphasized that “including outside forecasters, the Fed expects significant inflation in the coming months, and this must be taken into account.”
Türkiye’s Defense Minister Yaşar Güler said cooperation between Türkiye and Azerbaijan is vital for regional peace and stability, highlighting their strong defense under the principle “Two states, one nation, one army.”
Tensions between Iran and Israel continue to escalate, with Tehran condemning Israel’s airstrikes and emphasizing its defensive stance.
Russian President Vladimir Putin said a peaceful resolution between Iran and Israel is possible if all sides are involved. He emphasized the need to respect Iran’s right to peaceful nuclear energy and ensure Israel’s security.
Russian President Vladimir Putin has stated that Moscow remains open to dialogue and negotiations on all issues, including Ukraine. He made these remarks during a traditional meeting with the heads of leading global news agencies held as part of the St. Petersburg International Economic Forum SPIEF
Putin Highlights Strengthening Russia-Vietnam Energy Ties at SPIEF
Türkiye’s Defense Minister Yaşar Güler said cooperation between Türkiye and Azerbaijan is vital for regional peace and stability, highlighting their strong defense under the principle “Two states, one nation, one army.”
The United States has relocated several military aircraft and naval vessels from key bases in the Middle East in anticipation of possible Iranian retaliation, according to two U.S. officials speaking anonymously to Reuters.
Russian President Vladimir Putin on Thursday refrained from commenting on the possibility of Israeli and U.S. forces targeting Iranian Supreme Leader Ayatollah Ali Khamenei, instead calling for restraint and dialogue as tensions continue to rise in the region.
Tensions between Iran and Israel continue to escalate, with Tehran condemning Israel’s airstrikes and emphasizing its defensive stance.
Türkiye’s Minister of National Defense Yaşar Güler announced that security measures along the borders have been increased due to recent developments at the Iranian border. Güler traveled to Van with high-ranking military officials to conduct inspections along the Iran border.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Egypt’s Foreign Minister Badr Abdelatty and Chinese Foreign Minister Wang Yi discussed the escalating Middle East tensions and stressed the need for urgent de-escalation and diplomatic efforts to prevent further conflict.
At the second China-Central Asia Summit held in Astana, the capital of Kazakhstan, China and five Central Asian countries signed the "Treaty of Eternal Good-Neighborliness, Friendship, and Cooperation," establishing a new legal foundation for strategic partnership.
Smoke rises over Tehran as Israeli airstrikes and Iranian missile attacks push regional tensions to the brink. Dozens of civilian casualties have been reported on both sides.
The United States has relocated several military aircraft and naval vessels from key bases in the Middle East in anticipation of possible Iranian retaliation, according to two U.S. officials speaking anonymously to Reuters.
Russian President Vladimir Putin on Thursday refrained from commenting on the possibility of Israeli and U.S. forces targeting Iranian Supreme Leader Ayatollah Ali Khamenei, instead calling for restraint and dialogue as tensions continue to rise in the region.
Türkiye’s Defense Minister Yaşar Güler said cooperation between Türkiye and Azerbaijan is vital for regional peace and stability, highlighting their strong defense under the principle “Two states, one nation, one army.”
The United States has relocated several military aircraft and naval vessels from key bases in the Middle East in anticipation of possible Iranian retaliation, according to two U.S. officials speaking anonymously to Reuters.
Russian President Vladimir Putin on Thursday refrained from commenting on the possibility of Israeli and U.S. forces targeting Iranian Supreme Leader Ayatollah Ali Khamenei, instead calling for restraint and dialogue as tensions continue to rise in the region.
Tensions between Iran and Israel continue to escalate, with Tehran condemning Israel’s airstrikes and emphasizing its defensive stance.
Türkiye’s Minister of National Defense Yaşar Güler announced that security measures along the borders have been increased due to recent developments at the Iranian border. Güler traveled to Van with high-ranking military officials to conduct inspections along the Iran border.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment