Comments from Kashkari
- The biggest banks are still too big to fail
- US economy is doing 'pretty well'
- US hasn't see wages grow very quickly
- Reducing immigration to US will slow growth
- I'm asking employers why they aren't raising wages
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Oil prices surge 5% on US strikes in Iran, reigniting supply fears. Asian stocks dip.
GLP-1 drug use hits 11% in US, boosting healthcare stocks. Obesity rates drop, signaling market shifts.
Toyota shifts Tacoma production to Texas, investing $3.6B. Tariffs cited as a driver for this valuation shift.
investingLive Asia-Pacific FX news wrap: Oil jumps, dollar bid, RBNZ first hike in 3 years
RBNZ Governor Breman says inflation may have already peaked
Iran vows a crushing response and claims only its own route through Hormuz is safe for tankers, after CENTCOM says US forces struck over 80 Iranian targets including 60-plus IRGC boats.
NZD has jumped after the RBNZ rate hike and indication that further rate risers are ahead
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