Fed’s Cook Ruling Likely Next Week As SCOTUS Finishes Opinions

Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the first quarter of 2026 (January, February, and March), according to the third estimate released today by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2025, real GDP increased 0.5 percent. Real GDP was revised up 0.5 percentage point from the second estimate, ...

Just in | Fed's Goolsbee on CNBC: Uncertainty Remains on Inflation's Persistence. Fed's Goolsbee: The PCE report wasn't all negative. Saw a little bit of improvement on services. Just in | Fed's Goolsbee expresses skepticism about forward guidance, emphasizing a cautious approach to long-term forecasts while acknowledging the value of the dot plot.

*IRAN PROPOSES CHARGING FEES IN HORMUZ WITH GULF NEIGHBORS: WSJ *IRAN ESTIMATES $40B A YEAR IN REVENUE FROM HORMUZ: WSJ IRAN PITCHED PLAN TO CHARGE IN STRAIT AS FAR AS BEIJING - WSJ TEHRAN PITCHING IDEA TO THE MIDDLE EAST AND BEIJING - WSJ ANY SERVICE FEES LEVIED BY IRAN WOULD NEED OK BY IMO - WSJ