Inflation and its consequences for growth is a growing concern for countries where memories of the 2022 energy crisis are fresh.

Jerome H. Powell, who leads the central bank, also said he would not leave the Fed until a criminal investigation into his handling of renovations was over.

The strikes on a gas field in Iran and an industrial complex in Qatar appeared to be some of the most significant attacks on energy sites since the U.S.-Israeli air war against Iran began.

The outbreak has sickened people in California, Texas and Florida. The agency said Cheddar cheese products from Raw Farm are “the likely source,” but the company denies it and has not recalled them.

The U.S. central bank is widely expected to hold interest rates steady as officials assess the economic fallout from the war with Iran.

See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

The Federal Reserve must contend with price readings that seem headed in opposite directions.

Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.