Officials Amid

• Federal Reserve policymakers indicated Wednesday they are unlikely to cut interest rates in the near term, citing persistent inflation pressures that exceed the central bank's 2% target. • Multiple Fed officials, including those from major regional banks, cited "hotter-than-expected" March inflation readings as justification for holding rates steady through at least mid-2026. • Market expectations for rate cuts have shifted significantly, with futures traders now pricing in the first possible cut in September 2026 rather than June, reflecting the hawkish pivot.

Cuba's president confirmed his government held recent discussions with US officials as the nation faces a severe energy crisis attributed to the ongoing American blockade. The talks address humanitarian power shortages affecting millions, with blackouts persisting for weeks. US diplomats renewed alerts for Iraq but no direct link to Cuba noted. Observers see potential for eased restrictions if negotiations advance.

Cuba's president confirmed his government held recent talks with US officials as the nation grapples with a major energy crisis exacerbated by the ongoing American blockade. The discussions aim to address crippling power shortages affecting millions. This diplomatic outreach occurs against backdrop of US Middle East deployments drawing resources. Outcomes of the talks remain undisclosed, with energy imports strained.