BREAKING: ๐จ๐จ Brent crude oil hits $115, the highest since 2022.
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๐ฌ๐ง UK 10-year government bond yields surge to above 5%, the highest since 2008.
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๐บ๐ธ TODAY: FOMC decision coming up at 2:30 p.m. ET.
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๐บ๐ธ Today, Jerome Powell will deliver his last FOMC press conference as Federal Reserve Chair.
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๐บ๐ธ Trump discussed steps with oil companies to maintain Iran blockade for months if needed, White House official says.
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JUST IN: ๐บ๐ธ๐ฎ๐ท President Trump tells Axios that oil storage facilities and pipelines in Iran are nearing explosion risk.
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JUST IN: ๐บ๐ธ Jerome Powell to deliver his last FOMC meeting today.
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BREAKING: ๐จ Half of planned US data center builds have been delayed or canceled.
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๐บ๐ธ US oil exports hit a record 6 million barrels per day last week.
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๐บ๐ธPowell exit could give Trump a majority on the Federal Reserve Board.
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๐ SUMMARY OF FED DECISION (4/29/2026):
1. Fed leaves rates unchanged for the 3rd straight meeting
2. 4 Fed members dissented on the Fed's interest rate pause for the first time since 1992
3. 3 Fed members did not support the inclusion of an "easing bias" in the statement
4. Fed says Middle East developments are contributing to a "high level of uncertainty"
5. Fed specifically notes concern over increase in energy prices
6. Fed replaces "somewhat elevated" with "is elevated" in reference to inflation
The Fed appears to be bracing for more inflation.
1. Fed leaves rates unchanged for the 3rd straight meeting
2. 4 Fed members dissented on the Fed's interest rate pause for the first time since 1992
3. 3 Fed members did not support the inclusion of an "easing bias" in the statement
4. Fed says Middle East developments are contributing to a "high level of uncertainty"
5. Fed specifically notes concern over increase in energy prices
6. Fed replaces "somewhat elevated" with "is elevated" in reference to inflation
The Fed appears to be bracing for more inflation.
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JUST IN: ๐บ๐ธ President Trump says the U.S. will release UFO files in the near future
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Forwarded from Crypto News
JUST IN: ๐บ๐ธ Jerome Powell to remain on Federal Reserve Board as Governor after Fed Chair term ends.
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๐บ๐ธ๐ฎ๐ท Trump says Iran's economy is crashing and its money is worthless due to inflation.
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๐บ๐ธ Mamdani declares a โbudget crisisโ after four months in office as NYC Mayor.
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๐บ๐ธ๐ฎ๐ท Pentagon official says Iran war has cost 25 billion dollars so far.
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๐จ๐จ Brent crude oil price up 8%, hits $120.
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NEW: ๐ฎ๐ณ๐ฆ๐บ India-born residents have officially become Australiaโs largest migrant group, overtaking the English for the first time.
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๐ท๐บ In March 2026, Telegram experienced an 18% drop in incoming mobile traffic, building on a 10% decrease from February, after a 5% increase in January. Users are increasingly turning to other platforms.
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