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Putin Talks to Trump, Proposes Iran Nuclear Deal

56 minutes ago

**Putin, Trump Hold 1.5+ Hour Phone Call to Discuss Iran, Ukraine, Cooperation** On April 30, the Kremlin announced Russian President Vladimir Putin and U.S. President Donald Trump held a phone call lasting more than 1.5 hours in a friendly atmosphere. The pair discussed the Iran issue: Putin offered proposals on Iran’s nuclear program, and he expressed support for Trump’s decision to extend the Iran truce. They also touched on possible economic and energy cooperation. Putin proposed a Russia-Ukraine ceasefire for the May 9 Victory Day celebrations, to which Trump responded positively. Trump noted a deal to end the Ukraine conflict was imminent. Additionally, Putin condemned the recent assassination attempt on U.S. President Trump.
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Powell: Recent Inflation Expectations Increase, Inflation Rises

April 30th — Federal Reserve Chair Powell said the March PCE inflation rate is expected to come in at 3.5%, while the unemployment rate will hold steady. Recent inflation expectations have climbed. The economic outlook remains highly uncertain, with recent inflation running at elevated levels. Rising energy prices are set to boost short-term inflation. (IG)

4 minutes ago

Powell: This is my final press conference as Chair, congratulations to Wash

April 30th, Federal Reserve Chair Powell stated, "This is my final press conference as Chair." Congratulations to Powell. Wishing Fed Chair nominee Yellen all the best. The Fed remains resilient. (FXStreet)

4 minutes ago

Powell: Will Stay on as Fed Governor After May 15, Will Serve in Low-Key Manner

April 30 — Federal Reserve Chair Powell said Wednesday he welcomes the Justice Department’s (DOJ) announcement last Friday that it is closing the probe into him. Over the weekend, the DOJ assured the investigation will not be reopened unless it receives a criminal referral. I stand by my position and will not step down until the DOJ investigation is fully concluded. I will continue serving as a Federal Reserve governor after May 15. I will remain a Fed governor for an undetermined period, maintaining a low profile in the role. (Krypton)

4 minutes ago

Trump: Now Is a Good Time for Interest Rate Cuts

On April 30th, U.S. President Donald Trump said now is a good time to cut interest rates, according to FXStreet.

4 minutes ago

Powell: High Inflation, Partially Reflecting Surge in Energy Prices

Federal Reserve Chair Jerome Powell said April 30 that high inflation is partly driven by rising energy prices, noting the central bank’s current policy stance is appropriate. Middle East developments have amplified uncertainty, posing risks to both sides of the Fed’s dual mandate. Consumer spending remains robust, while labor demand has softened. (Wall Street 10)

4 minutes ago

Federal Reserve Chair Powell will hold a monetary policy press conference in ten minutes

April 30: Federal Reserve Chair Jerome Powell will hold a monetary policy press conference in 10 minutes.

4 minutes ago