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Iranian Foreign Ministry spokesman: Iran must be able to sell its oil smoothly, with no obstacles in transportation and insurance, and must receive the revenue from the oil sales.

2026-06-18

Iranian Foreign Ministry spokesman: Iran must be able to sell its oil smoothly, with no obstacles in transportation and insurance, and must receive the revenue from the oil sales.

Other News
2026-06-18

Market participants warn Wosh’s first press conference could drive re-pricing: both hawkish and dovish messaging pose meaningful risks to rates, inflation expectations and Fed communication. UBS says Wosh’s policy stance and reaction function remain

Market participants warn Wosh’s first press conference could drive re-pricing: both hawkish and dovish messaging pose meaningful risks to rates, inflation expectations and Fed communication. UBS says Wosh’s policy stance and reaction function remain unclear; either hawkish or dovish remarks could spook markets. ANZ sees strong reform intent and expects the press conference to outline proposals, with fuller detail likely in Wosh’s Jackson Hole keynote in August. BofA expects a dovish tilt — Wosh may argue the Iran shock raises price levels but not underlying inflation and should be largely ignored by the Fed amid reports the conflict is de‑escalating. Capital Economics flags the risk Wosh could sound more hawkish than markets expect, either from a communication slip or because his stance is less dovish now than during his nomination push. Yale cautions that overreliance on soft arguments like AI-driven disinflation at the expense of hard data could repeat the Fed’s ‘transitory’ inflation error. Nordea expects a neutral-to-slightly hawkish tone to shore up credibility; any communication shift would be signaling rather than immediate policy. BNY Mellon notes Wosh’s criticism of forward guidance and says he may use (or curtail) press events to signal a change in Fed communication. MFS judges dovish language is possible given Wosh’s tech-productivity views but considers it unlikely because it would undermine his hawkish credibility.
2026-06-18

The chart in the Federal Reserve's economic projections shows that most FOMC participants believe there is high uncertainty surrounding the unemployment rate, with risks roughly balanced. (The March projections mostly indicated high uncertainty and u

The chart in the Federal Reserve's economic projections shows that most FOMC participants believe there is high uncertainty surrounding the unemployment rate, with risks roughly balanced. (The March projections mostly indicated high uncertainty and upside risks.)
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