_{ECONOMIC NEWS}

​Fed Holds Rates, Flags Rising Stagflation Risk as Tariff Tensions Grow

The Federal Reserve held interest rates steady at 4.25%–4.5% for the third straight meeting but issued a stronger warning about growing risks to the U.S. economy from ongoing trade tensions. In a shift in tone, the Fed acknowledged rising threats of both inflation and unemployment driven by President Trump's escalating tariffs. Chair Jerome Powell emphasized that while these risks have yet to materialize, the Fed is closely monitoring developments as trade negotiations unfold. The central bank now faces a complex challenge: deciding whether to combat potential inflation with rate hikes or respond to an economic slowdown with cuts—raising the specter of a stagflation scenario not seen in decades. Read More.

_{GLOBAL NEWS}

Fear of World War III Rises: Poll Shows Western Anxiety Over Russia, U.S. Tensions, and Nuclear Threats

A new YouGov poll reveals widespread fears among Americans and Western Europeans that a third world war could break out within the next five to ten years, with tensions involving Russia viewed as the most likely trigger. The survey, conducted ahead of the 80th anniversary of VE Day, also found:

• 41% to 55% of Europeans and 45% of Americans believe a global war is likely soon.

• A majority expect nuclear weapons would be used, with some fearing it could kill most of the world’s population.

• Confidence in national defense varies: 71% of Americans trust their military, while far fewer Europeans do.

• Russia is seen as the top threat, but many also view the U.S. as a peace risk, especially in Spain, Germany, and France.

• Strong majorities believe WWII remains relevant and must be taught in schools.

• Half of respondents believe Nazi-style crimes could happen again in the U.S. or another Western country.

• NATO and the UN are widely credited with preserving peace, while the EU is seen as a key contributor to postwar stability. Read Now.