Track the evolution of major financial and economic events
The independence of the Federal Reserve is under pressure due to Trump’s influence and the conflict with Iran. US Treasury yields have surged as Kevin Warsh takes the helm at the Federal Reserve. Modest cuts to the Fed's balance sheet are expected despite Warsh's ambitious reform agenda.
On May 26, ECB Chief Economist Philip Lane stated that the inflation outlook has worsened, reinforcing expectations for a rate hike in June.