Keep pulling the thread on Warsh.
Federal Reserve Governor Chris Waller stated he would need to see several months of lower inflation data to feel confident in the trajectory of price pressures.
If there is another high reading on core inflation, Federal Reserve Governor Chris Waller believes the FOMC will need to consider tightening monetary policy in the near term.
BlackRock CEO Larry Fink stated that the United States is currently experiencing shortages in power, compute, and chips.
BlackRock CEO Larry Fink predicts that a new asset class will be created, allowing traders to buy and sell futures contracts for computing power.
Kalshi founder and CEO Tarek Mansour believes compute is the new oil and that compute futures will eventually become a larger market than oil futures.
CME Group is suing the CFTC to block Kalshi's perpetual futures product.
President Trump has reversed his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz following pressure from U.S. allies in the Gulf.
China acts as a swing demander in the crude oil market, stockpiling barrels by importing in excess of its needs when prices are low and destocking when prices are high.
China is attempting to reduce its dependence on foreign oil by promoting electric vehicles and converting its truck fleet to use liquefied natural gas.
The United States is backing the development of an Iraq-Syria oil pipeline to weaken Iran's strategic hold over the Strait of Hormuz.
Iran's strategic leverage over the Strait of Hormuz is temporary and will be virtually gone within 5 years as regional countries develop alternative transportation routes.
If inflation data remains low, Federal Reserve Governor Chris Waller believes it would be appropriate for the central bank to continue holding interest rates steady.