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Fed Chair KEVIN WARSH said the Fed has missed its inf target for five years and must now begin correcting it.

2026-06-18

Fed Chair KEVIN WARSH said the Fed has missed its inf target for five years and must now begin correcting it.

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2026-06-17

CNN said it obtained a 14-point draft memorandum between the United States and Iran that includes a ceasefire, arrangements to reopen the Strait of Hormuz, partial financial relief measures for Iran, and Tehran’s renewed pledge not to nuclear build w

CNN said it obtained a 14-point draft memorandum between the United States and Iran that includes a ceasefire, arrangements to reopen the Strait of Hormuz, partial financial relief measures for Iran, and Tehran’s renewed pledge not to nuclear build weapons. A US official provided the text; a diplomat who saw the document at this week’s G7 and two other diplomatic sources confirmed its contents. It is unclear whether the draft matches the final text scheduled to be signed on Friday in Switzerland; technical details and wording remain under negotiation. The White House did not respond to CNN’s request for comment. Iran’s semi-official Tasnim news agency said the leaked draft is inaccurate.
2026-06-17

US President Trump said reports that about $300 billion tied to Iran are false and that the US has not established any fund to invest in Iran.

US President Trump said reports that about $300 billion tied to Iran are false and that the US has not established any fund to invest in Iran.
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