Austan Goolsbee warns that high oil prices from the Iran war may prevent the Federal Reserve from cutting interest rates until 2027, prolonging inflation above the 2% target and leading to a "higher for longer" interest rate scenario.
A report launched on April 16 in the Philippines calls for stronger collaboration between Manila and Beijing on renewable energy to accelerate the transition away from fossil fuels and nuclear power, according to the renewable energy cooperation report. Filipino renewable energy firms have