Cheaper borrowing costs are out of reach for now. Trump’s new Fed chair wants that to change

Anyone hoping for cheaper financing in the few months may find themselves waiting. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. But how long the wait may last is now an open question. Yesterday, members of the Federal Reserve’s rate-setting committee indicated they expect elevated inflation to persist … Read more

As Iran keeps the Strait of Hormuz locked down, it’s borrowing from Ukraine’s playbook

Dubai – After President Trump backed off his threat to “obliterate” Iran’s energy infrastructure if it refused to reopen the Strait of Hormuz, the vital shipping lane remains effectively closed to vessels not granted explicit permission by Tehran.  As the U.S. and its allies weigh how to get oil and other critical supplies moving through … Read more