Central Banks May Be Walking Into Their Own Trap on Energy Inflation
What Happened
According to CNBC, US equities continue hitting fresh highs even as strategists warn investors are underestimating the economic impact of soaring oil prices amid escalating tensions in the Strait of H
According to CNBC, Fed chair nominee Kevin Warsh is offering his own interpretation of central bank independence, drawing skepticism from former Fed officials who question his commitment to traditiona
According to CNBC, Trump announced plans to impose 25% tariffs on EU auto imports, though he provided no details on implementation after the Supreme Court struck down his “reciprocal” tariff strategy
According to CNBC, Apple staged its sharpest rally in nine months after executives guided for 14-17% revenue growth in the current quarter, well above analyst estimates.
According to CNBC Economy, Federal Reserve officials who voted against this week’s post-meeting statement objected specifically to language hinting the next rate move would be a cut.
What happened: According to CNBC, Exxon Mobil and Chevron reported declining Q1 2026 earnings as oil prices remained depressed through January and February before spiking after U.S. and Israeli attack
WHAT HAPPENED
What happened: Meta is expected to report its fastest revenue growth since 2021 when it releases Q1 earnings after the bell, according to CNBC. Investors will be watching whether the company’s massive
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