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Axios reports the memorandum of understanding will be signed electronically and the US will release the text. No final decision has been made on an early signing of a US-Iran agreement.

2026-06-17

Axios reports the memorandum of understanding will be signed electronically and the US will release the text. No final decision has been made on an early signing of a US-Iran agreement.

Other News
2026-06-18

Nearly half of Federal Reserve policymakers no longer believe that holding borrowing costs steady would be sufficient to bring inflation back to 2% if oil prices spike after a war involving Iran. The Fed's latest dot plot shows views on the rate path

Nearly half of Federal Reserve policymakers no longer believe that holding borrowing costs steady would be sufficient to bring inflation back to 2% if oil prices spike after a war involving Iran. The Fed's latest dot plot shows views on the rate path shifting from how long to hold rates before cuts to growing concern about the need for additional hikes; some officials now expect rate increases. Wednesday's projections revised inflation sharply higher since March: median PCE YoY is now seen at 3.6% by year-end (March: 2.7%), median core PCE YoY at 3.3% (March: 2.7%). Median year-end unemployment is 4.3% — matching May's reading and below March's 4.4% — indicating policymakers increasingly see the labor market as not weakening and reducing the case for rate cuts.
2026-06-17

The UK DCLG house price index rose 3.8% year-on-year in April, compared with 0.00% in the previous month.

The UK DCLG house price index rose 3.8% year-on-year in April, compared with 0.00% in the previous month.
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