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(Bloomberg) -- US Treasuries consolidated gains in a choppy trading session with markets remaining confident that policymakers at the Federal Reserve are still on a path toward lower interest rates.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoAmtrak CEO Departs Amid Threats of a Transit Funding PullbackDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNYC Plans for Flood Protect

(Bloomberg) -- Oil advanced after the US ramped up measures to hobble Iran’s crude exports, increasing pressure on Tehran amid a push for a new nuclear accord. Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoAmtrak CEO Departs Amid Threats of a Transit Funding PullbackDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNYC Plans for Flood Protection Without Federal FundsWest Texas In

Fed Chair Jerome Powell said Wednesday his 'base case' is that higher inflation stemming from President Trump's tariffs will be 'transitory' — reviving memories of how central bank policymakers talked about inflation during the early stages of the COVID-19 pandemic.

The Fed’s consensus for GDP growth dropped from 2.1% to 1.7% after its latest round of economic forecasts published Wednesday.

The Fed’s slowness to catch the inflation surge that began during the pandemic has earned it scads of criticism. Is this time different?

(Bloomberg) -- The Federal Reserve’s decision to cut the pace of its balance-sheet unwind is leading some Wall Street strategists — including those at Barclays and Bank of America — to push out their expectations for how long the central bank’s runoff will go on. Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoAmtrak CEO Departs Amid Threats of a Transit Funding PullbackDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleLA Faces $1 Billion Bud

Boosting competitiveness in the face of weak growth and tariff threats is now a matter of urgency, says business chief.View on euronews