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Choppy trading in stocks and bonds also reflected anxiety among investors about the war's effects on inflation and growth.
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Live Updates: U.S., Iran trade more strikes after Trump says ceasefire is "over" CBS NewsLive updates: US and Iran trade strikes for second day after Trump said ceasefire is ‘over' CNNU.S. launches new airstrikes on Iran and Tehran fires back at Gulf Arab states NPRInside Trump's Oval Office Decision to Ditch the Iran Ceasefire WSJIran war live: Tehran retaliates in Kuwait and Bahrain after second day of US strikes Reuters
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S&P 500 futures are little changed as traders assess rising tensions between the U.S. and Iran: Live updates CNBCOil Steadies Following U.S.-Iran Escalation; Stock Futures Rise WSJMorning Bid: Chip euphoria vies with war weariness ReutersUS stock markets fall amid Iran strikes and potential higher interest rates The Guardian
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Producer price index rises for fourth straight month as Strait of Hormuz closure roils supply chains
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Neither the war in the Gulf nor the Covid-Ukraine price spike has taken us back to the stagflationary 1970s
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Fed policymakers' inflation worries weighed on rate cut outlook at Warsh's first meeting Fox BusinessFed officials were split on direction of interest rates at last meeting, minutes show CNBCFed policymakers' inflation concerns grew at June meeting, minutes show ReutersWarsh's First Fed Minutes Highlight Rate Divide Barron's
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Fed minutes: Officials deeply divided over future path of US inflation AP NewsFed officials were split on direction of interest rates at last meeting, minutes show CNBCFed saw "upside risks" to inflation, disagreed on rate path AxiosKevin Warsh buried an unusual, unhedged promise in his first Fed minutes—and one economist says it's the strongest signal in the document FortuneFed M
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A "few" Federal Reserve officials said there was a case for raising interest rates in June, according to minutes released Wednesday from the central bank's meeting last month.
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With Iran ceasefire "over," Trump shifts to battle for Hormuz AxiosAs U.S.-Iran Cease-Fire Frays, Trump Faces a Muddled War and Unpalatable Options The New York TimesCrude extends rally as US-Iran flare-up rocks peace hopes France 24Inside Trump's Oval Office Decision to Ditch the Iran Ceasefire WSJ
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