Pessimistic
Last updated: 2026-03-04 00:22:12 ET
Pulse AI Brief
Updated Mar 4, 2026 12:01 AM ET
Minneapolis Fed President Neel Kashkari said one or two rate cuts remain possible in 2024 but explicitly flagged that the Middle East war could justify an extended pause, drawing a direct parallel to the inflationary cost shock that followed Russia's invasion of Ukraine. U.S. average gas prices simultaneously recorded their largest single-day jump in four years.
Kashkari's comments tighten the Fed's already narrow path: a war-driven energy shock could reignite CPI just as the central bank was preparing to ease, forcing rate-sensitive sectors — housing, utilities, REITs — to reprice. Rate futures will likely shift to price in a longer hold.
The Fed faces a stagflationary trap: a war-induced supply shock raises prices while simultaneously threatening growth, limiting the policy toolkit available to cushion any economic slowdown.
The Federal Reserve has separated into two distinct wings on whether to cut U.S. interest rates this year — and the so-called doves appear to be gai...
Canada officially launched the First and Last Mile infrastructure fund that had been outlined in federal budget to get metals from mines to markets.
Iowa Republican Sen. Chuck Grassley admitted mistakes were made during immigration operations where two American citizens were killed by federal agent...
Democratic lawmakers are twisting the federal judiciary’s arm to restore a controversial climate science chapter that was recently removed from its ...
US Sen. Mike Lee (R-Utah) is urging the Justice Department and Federal Trade Commission to probe the soaring costs of watching NFL and other sports ga...
President Trump branded Anthropic “woke” and “radical left” as he banned the AI giant from serving the federal government last week – and ne...
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal r...
Lawmakers are reportedly open to allocating funds under President Donald Trump's Big Beautiful Bill, meant for Immigration and Customs Enforcement (IC...
A federal judge said Uniswap isn’t responsible for scam tokens traded on the crypto platform, a decision that its founder Hayden Adams said was a �...
Federal jury awards University of Idaho professor $10 million in TikTok defamation case after user spread false claims linking her to student murders.
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