Fed Rate Cuts Delayed? Treasury Chief Warns ‘Wait and See’ as Inflation Surges U.S. Treasury Secretary Scott Bessent says the Federal Reserve should take a cautious approach before making any decisions on Fed interest rate cuts. Speaking in an interview reported by Reuters, Bessent emphasized that now is the time to “wait and see” rather…
Trump’s TACO Trade Creates a Dangerous Catch-22 in Oil Prices The global oil market is currently stuck in a risky situation — a classic Catch-22. On one hand, supply disruptions are pushing prices sharply higher. On the other, financial markets are behaving as if the crisis will soon be resolved. This contradiction could make the…
Oil Prices, Electric Vehicles & Tariffs: A New Era for the Auto Industry The global auto industry is going through a major transformation. Rising oil prices, increasing demand for electric vehicles (EVs), and shifting trade policies are all playing a role in reshaping how cars are built, sold, and used. For consumers and manufacturers alike,…
