Fed Eyes 2028 Inflation Target, Realloys Gains on Pentagon Deal, Oil Futures Climb

1. Fed official Williams expects U.S. inflation to moderate to 3.5% this year, but the 2% target is likely to be reached only by 2028.
2. Realloys Inc. shares pared losses following a Bloomberg report on its involvement in a Pentagon deal for critical minerals plant construction.
3. Brent and WTI crude oil prices rose over 2% amidst global supply concerns and geopolitical tensions.