Iran’s foreign ministry spokesman Baghaei said on the 18th (local time) that the text of a memorandum of understanding between Iran and the US has been finalized and signed by both sides.

市场消息：普京已抵达喀山，将参加俄罗斯-东盟峰会。

TIMIRAOS on the Fed decision: the dot plot shows a clear hawkish tilt — 9 of 18 officials expect at least one hike this year, six expect multiple hikes and only one expects cuts. One participant (likely Fed chair KEVIN WARSH) did not submit an SEP. The policy statement was rewritten end-to-end and notably shortened. Communication framework has shifted materially, which could prompt markets to reprice the interest-rate path.