Putin and Zelenskyy have ‘no meeting planned,’ Russia’s Lavrov says

Putin and Zelenskyy have ‘no meeting planned,’ Russia’s Lavrov says

Russia’s Foreign Minister Sergey Lavrov speaks during a joint press conference with Iranian Foreign Minister Abbas Araghchi in Tehran, Iran, February 25, 2025. Majid Asgaripour | Via Reuters Russian foreign minister Sergey Lavrov threw cold water on the possibility of an imminent meeting taking place between President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy, saying that no…

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Cleveland Fed’s Hammack casts doubt on interest rate cuts amid inflation worries

Cleveland Fed’s Hammack casts doubt on interest rate cuts amid inflation worries

Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat. In a CNBC interview, the policymaker did not share the market’s enthusiasm for a cut, sparked after Chair Jerome Powell’s keynote speech earlier in the morning stating that current conditions “may warrant”…

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Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut

Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut

Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation. Speaking to CNBC from the Fed’s annual symposium in Jackson Hole, Wyo., Schmid pushed back on market pricing that points strongly to the Federal Open Market Committee lowering its key…

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