Russia’s wartime economy faces growing pressure

In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin meets with Moscow-installed leader of the Russian-controlled parts of the Zaporizhzhia region, at the Kremlin in Moscow on July 20, 2026. Alexander Kazakov | Afp | Getty Images After four-and-a-half years of full-scale war with Ukraine, Russia has become a…

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Fed minutes June 2026: officials split on rates

Federal Reserve officials were split last month about the future of interest rates, with policymakers entertaining scenarios in either direction, according to meeting minutes released Wednesday. In Kevin Warsh‘s first meeting June 16-17 as chairman of the Federal Open Market Committee, participants saw outcomes where inflation could ease and allow lower rates, while others envisioned…

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