Fed’s Balancing Act, Consumer Confidence Surge, and Oil Price Plunge

In today's episode, we delve into the Federal Reserve's latest meeting minutes, revealing the central bank's struggle with economic uncertainties and policy trade-offs. We also explore the surprising rebound in U.S. consumer confidence, driven by improved economic outlooks and lower gas prices. Lastly, we examine the significant drop in crude oil prices, its causes, and the potential global economic impacts. Join us for these stories and more on Simply News Radio. Sources: https://www.federalreserve.gov/newsevents/pressreleases/other20250528a.htm https://www.fxstreet.com/news/fed-minutes-set-to-reveal-details-of-hawkish-stance-amid-trumps-tariffs-202505281315 https://www.investopedia.com/meeting-minutes-confirm-fed-really-is-stumped-about-the-economy-s-future-11743633 https://www.prnewswire.com/news-releases/us-consumer-confidence-partially-rebounds-in-may-302465852.html https://www.conference-board.org/topics/consumer-confidence/press/CCI-May-2025 https://www.conference-board.org/podcasts/c-suite-perspectives/The-State-of-the-Economy-for-May-2025 https://www.foxbusiness.com/economy/us-consumer-confidence-rebounds-may-after-five-month-slide https://www.upi.com/Top_News/US/2025/05/27/Conference-Board-Consumer-Index-American/4321748363216/ https://www.tipranks.com/news/company-announcements/petrobras-reports-q1-2025-revenue-decline-amidst-lower-oil-prices https://www.foxbusiness.com/lifestyle/gas-prices-hit-4-year-low-ahead-memorial-day-weekend https://www.aa.com.tr/en/energy/oil/oil-prices-fall-as-market-awaits-opec-meeting/49471 https://www.cmegroup.com/openmarkets/energy/2025/Will-Summer-Drivers-See-Lower-Gas-Prices.html https://www.ainvest.com/news/rig-count-collapse-energy-investors-act-floor-drops-2505/ https://www.euromonitor.com/article/commodity-market-outlook-q2-2025-weaker-demand-outlook-amid-policy-uncertainty-to-cap-price-growth https://energynewsbeat.co/where-are-oil-prices-headed-in-2025-and-beyond-goldman-sachs-bearish-outlook-meets-rising-demand-well-economics-matters/ https://www.litefinance.org/blog/analysts-opinions/oil-price-prediction-forecast/