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World Bank Warns Iran War Is Slowing Global Growth

11 June 2026 at 14:30
The world economy is weakening as energy prices fuel a new bout of inflation.

© Arash Khamooshi/Polaris for The New York Times

An explosion after U.S.-Israeli airstrikes hit oil storage depots in Tehran. The war has tangled supply chains and caused oil, gas and fertilizer prices to gyrate for months.

Inflation Keeps Prospects of a Fed Rate Cut Low

10 June 2026 at 15:23
The Consumer Price Index is one of the last major data releases ahead Kevin M. Warsh’s first meeting as chair of the Federal Reserve.

© Anna Rose Layden for The New York Times

The Federal Reserve building in Washington. The central bank is expected to hold rates steady for the foreseeable future.
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