Trump tariffs expected to increase prices over the summer, says Powell – live

18/06/2025 19:10 The Guardian

Federal Reserve chairman Powell says Trump’s tariffs ‘are likely to push up prices and weigh on economic activity’Russian deputy foreign minister Sergei Ryabkov warned on Wednesday that direct US military assistance to Israel could radically destabilise the situation in the Middle East, where an air war between Israel and Iran has raged for six days.In separate comments, the head of Russia’s SVR foreign intelligence service, Sergei Naryshkin, was quoted as saying that the situation between Israel and Iran was now critical. Continue reading...

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