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New York Fed President John Williams says monetary policy is “really well positioned” for the Fed to “wait and see” on the economic consequences of war in Iran. Williams also comments on the state of the US economy with Michael McKee on “Bloomberg Surveillance.” (Source: Bloomberg)
Source
Bloomberg Markets
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The company is reportedly facing engineering challenges in the development of the foldable phones, which are anticipated to launch later this year.
The Iran war has hit Amazon data centers in the region, and the company is working around the clock on availability, cloud chief Matt Garman said.
By restoring 100% bonus depreciation, the OBBBA is providing liquidity needed for economic growth.
More than 9 million barrels a day of oil production from key Middle Eastern countries are expected to be shut in during April, according to estimates from the US government, as the war in Iran upends global energy markets.
