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International Energy Agency Executive Director Fatih Birol: I hope that lasting peace can be achieved between Iran and the United States, and that the Straits can be opened.

2026-06-18

International Energy Agency Executive Director Fatih Birol: I hope that lasting peace can be achieved between Iran and the United States, and that the Straits can be opened.

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2026-06-17

CENC automatic reading: a magnitude ~4.3 earthquake was detected at 22:20 CST on June 17 near Haixi prefecture, Qinghai (37.78°N, 95.49°E). Preliminary; final parameters await the official rapid report.

CENC automatic reading: a magnitude ~4.3 earthquake was detected at 22:20 CST on June 17 near Haixi prefecture, Qinghai (37.78°N, 95.49°E). Preliminary; final parameters await the official rapid report.
2026-06-18

The Federal Reserve held rates unchanged at the new chair's first meeting. The chair said the Fed is united and committed to controlling inf. He ended the practice of issuing forward guidance ahead of the statement but the Fed released a dot plot sho

The Federal Reserve held rates unchanged at the new chair's first meeting. The chair said the Fed is united and committed to controlling inf. He ended the practice of issuing forward guidance ahead of the statement but the Fed released a dot plot showing nine officials expect rate hikes by year‑end, eight expect no change and one expects a cut. The chair did not submit a personal projection and said markets should price policy based on incoming data rather than Fed forecasts. He declined to say whether he has spoken to President Trump since taking office; Trump, who nominated him, has pushed for cuts but recently said the chair should 'do what he wants'. The dot plot’s distribution and removal of front‑loaded guidance shift emphasis to data‑dependent market pricing; the chair’s political independence will be a follow‑on market risk.
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