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iShares 7-10 Year Treasury Bond ETF

According to a Bloomberg report, Federal Reserve Bank of Kansas City chief Jeff Schmid said on Tuesday that inflation in the U.S. has been above the Fed’s target for almost five years.

This comes hours after the President said that the United States will do “whatever it takes” to achieve its objectives in the Iran war.

Ryanair CEO Michael O’Leary addressed reporters at a press conference in Poland, predicting that tourism flows to the Middle East will suffer as a result of the Iran war.

The economist believes AI is not an apocalypse but an accelerator of productivity.

The nuclear watchdog stated that the entrance buildings of Iran’s underground Natanz Fuel Enrichment Plant have sustained some damage recently.

The President added that while the U.S. has projected a timeline of four to five weeks for the Iran mission, the country has the capability to extend it far longer.

During an interview with CNBC, Eisman downplayed the impact of the Iran conflict, stating that it could be “very, very positive” in the long term for equity markets.

The analyst stated that the escalation of tensions in the Middle East is “unlikely to stick for long” due to political calendars, with the U.S. midterm elections slated for November 2026.

The economist added that the Federal Open Market Committee’s structure makes it susceptible to groupthink and that the institution has experienced mission creep.