AGP Executive Report
Last update: 43 minutes agoFed Power Shift: Kevin Warsh was sworn in as the 17th Fed chair, stepping into a high-pressure moment as Iran-linked energy shocks keep inflation risks alive and political pressure on Fed independence grows. Consumer Pressure: A Gallup poll shows US economic confidence at a nearly four-year low, with most Americans saying conditions are worsening—while the University of Michigan sentiment reading also slid to record lows as gas prices bite. Housing Costs: Mortgage rates jumped to the highest level in almost nine months, pushing up borrowing costs for homebuyers. Energy Shock Spillover: Europe is weighing targeted fuel aid against growth drag as Strait of Hormuz disruptions threaten gas supplies. Digital Economy Bets: Malaysia’s PM Anwar said government-linked firms can take calculated losses in AI and digital if governance is transparent. India Flows: RBI data shows net FDI into India rose in FY26, even as broader foreign flows weakened amid West Asia tensions.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.