Federal Reserve raises inflation forecast as Iran conflict drives oil surge
The Federal Reserve has increased its inflation projections by 0. 3 percentage points for the end of 2026, citing the ongoing conflict in Iran as a key driver of surging energy costs worldwide. Brent crude climbed more than five per cent on Wednesday, reaching $109 per barrel at one point, while oil prices have risen 50 per cent since the beginning of March. The American central bank s revised economic outlook, released alongside its latest interest rate decision, pointed to mounting
The Federal Reserve has increased its inflation projections by 0. 3 percentage points for the end of 2026, citing the ongoing conflict in Iran as a key driver of surging energy costs worldwide. Brent crude climbed more than five per cent on Wednesday, reaching $109 per barrel at one point, while oil prices have risen 50 per cent since the beginning of March. The American central bank s revised economic outlook, released alongside its latest interest rate decision, pointed to mounting
Tags
Related Posts
Watch: Arjun Tendulkar’s pinpoint yorkers light up LSG nets
Arjun Tendulkar is impressing Lucknow Super Giants' net sessions with his accurate yorkers, troubling top batters like Rishabh Pant. Videos of his disciplined bowling have gone viral, fueling fan calls for his inclusion. After two seasons with Mumbai Indians, the young pacer is making a strong case for selection at LSG with his consistent performance, despite limited match opportunities so far
'Dhurandhar 2' collection day 20: Ranveer Singh film surges past Rs. 1,025 crore
Aditya Dhar s 'Dhurandhar 2: The Revenge' has scripted history as the first Hindi film to breach the Rs. 1 000 crore India net milestone. Globally, the thriller has amassed Rs. 72 crore, outperforming blockbusters like Jawan. Despite the IPL 2026 season and a 229 minute runtime, the film remains a powerhouse. To boost family viewership, makers have released updated prints with muted abuses and technical fixes. Now the third highest grossing Indian film globally, the spy saga eyes the Rs
Canada has changed Immigration rules; changing Visa fee, work permit rules and more
Canada s immigration landscape is shifting from April 2026 with passport and citizenship fee increases, offset by a 30 day processing guarantee. Super visa rules are relaxed, allowing sponsors more flexibility. Provinces gain increased autonomy in immigration assessments, while rural employers benefit from expanded foreign worker quotas