Dallas Federal Reserve President Lorie Logan on Friday said it's not clear if monetary policy is tight enough to bring inflation down to the U.S. central bank's 2% goal, and it is too soon to be cutting interest rates. There are still good reasons that inflation will return to the Fed's 2% goal in the coming years, Logan told the Louisiana Bankers Association's annual conference. "There are also important upside risks to inflation that are on my mind, and I think there's also uncertainties about how restrictive policy is and whether it's sufficiently restrictive to keep us on this path."
President Trump announced Saturday that a deal to end the war with Iran has been “largely negotiated,” signaling what could become one of the most consequential foreign policy developments of his pres...
Ukraine is working to verify intelligence from the United States and others that suggests Russia is preparing to use a hypersonic ballistic missile system....