Iran’s stock market reopens May 19 after an 80-day closure due to US-Israel conflict. While not a primary economic driver, its resumption offers insights into economic health and investor sentiment. Trading resumes with extended hours for major firms, aiming for transparency after market volatility and a significant internet shutdown.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend