Washington, United States, March 30, 2026 (AFP) - US Fed chief says can look past oil shock but wary of deeper risks

NAMPA / AFP
2026-03-30
US Federal Reserve Chair Jerome Powell said Monday that the central bank can look past the energy shock from war in the Middle East, but may have to act if rising costs change expectations about inflation. "The tendency is to look through any kind of a supply shock," Powell told a Harvard University event. This is because "energy shocks have tended to come and go pretty quickly" but monetary policy changes take time to flow through the economy, h......
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ETOSHA, 28 March 2026 - Germany’s Ambassador to Namibia, Thorsten Hutter; Minister of Environment, Forestry and Tourism, Indileni Daniel; and Director General of the National Planning Commission, Kaire Mbuende pictured with MEFT Management at the inauguration of the upgraded facilities at Etosha National Park. (Photo by: Eba Kandovazu) NAMPA

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