AP NewsWatch

I'm Hayah Punjwani with an AP News Minute and remarks to Harvard University Economic

Students Federal Reserve Chairman Jerome Powell says the Fed will keep a close eye on inflation

amid oil price spikes.

Because you can have a series of these supply shocks and that can lead, you know, the public

generally businesses, price setters, households, lead them to start expecting higher inflation

over time.

Why wouldn't they?

At the end of a certain number of years the inflation is now just higher and that can

happen.

You monitor that very, very carefully.

At a news conference, you and Under Secretary General for Peacekeeping Operations, John

Pierre Laquat was asked if he would describe Israel's ongoing operations in southern

Lebanon as an invasion.

It certainly looks like we might end up with, I would call it an expanded buffer zone

in southern Lebanon.

For on these stories on APnews.com, I'm Hayah Punjwani, AP News.