Recent events have affected global markets. Saudi Arabia has shut its East-West pipeline, though details of the shutdown are not provided here.
Further information on this development can be found in The Economist.
The publication also reports on inflation, noting that American inflation remains sticky, but does not elaborate on the specifics of the situation. For more details, readers can consult the original source.
Kevin Hassett, director of the National Economic Council, on Sunday played down President Trump's threat to begin a trade war if the Federal Reserve doesn’t drop interest rates. “I don't expect the trade's going to go to zero, but I do think that the president has a very strong o...