Greece wants the European Union to delay a planned oil embargo on Iran for up to eight months to give Athens time to secure new sources of crude for its crisis-hit economy...Greece, now stumbling through a fifth year of a grinding recession, sources about 50% of its oil imports from Iran. The reason: Iran is the only country to provide Greece with oil on unlimited credit--up from 30% two years ago.
FOMC Projections: GDP Revised Up Slightly
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Statement here.
Fed Chair Powell press conference video here or on YouTube here, starting
at 2:30 PM ET.
Here are the projections.
Since the last proje...
4 hours ago