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/

https://energynews.pro/en/the-world-bank-anticipates-a-historic-drop-in-oil-prices-in-2025/

https://www.cmegroup.com/insights/economic-research/2025/is-crude-oil-at-a-major-inflection-point.html