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U.S. Defense Secretary Hergsays: Some European countries are prepared to take action in the Strait of Hormuz.

2026-06-18

U.S. Defense Secretary Hergsays: Some European countries are prepared to take action in the Strait of Hormuz.

Other News
2026-06-18

Saudi outlet Al-Hadath cited sources saying some U.S.-Iran negotiation sessions will include Turkey and Saudi Arabia.

Saudi outlet Al-Hadath cited sources saying some U.S.-Iran negotiation sessions will include Turkey and Saudi Arabia.
2026-06-17

Nick Timiraos identifies three market-relevant points for the new Fed chair’s first meeting. 1) Will the easing-leaning language — the phrase since 2024 signaling that the next move is more likely a cut than a hike — be dropped, and if so what replac

Nick Timiraos identifies three market-relevant points for the new Fed chair’s first meeting. 1) Will the easing-leaning language — the phrase since 2024 signaling that the next move is more likely a cut than a hike — be dropped, and if so what replaces it? Removing it would satisfy hawks and can be packaged as procedural reform rather than an overt move to a hawkish stance; Trump reportedly previewed this change at the swearing-in. 2) Will the dot plot resume as the primary forward guide, and who will signal possible hikes? The Fed will release its first rate projections since March (then 12 of 19 officials penciled in at least one 2026 cut); market focus is on how many officials now forecast hikes and whether the chair will submit a personal projection or dilute the dot plot’s weight by abstaining. 3) How will the chair communicate at the press conference? Markets move when the chair is perceived to speak for the majority; Wosh leads a divided committee not fully under his control — accurately relaying colleagues’ views would build authority, whereas failure to do so will leave dissenting members to signal policy via votes or other means, with dissents themselves becoming a source of information.
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