Israeli media reported Prime Minister Netanyahu flew to the UAE today to meet the UAE president.

BESSENT said Fed policymakers should keep an open mind on interest rates, arguing AI-driven productivity gains and deregulation will help restrain US inf. He said Trump appointee KEVIN WARSH recognizes US growth is comparable to, or larger than, the 1990s internet boom and contrasted that with Greenspan’s 'let it run' approach, urging the Fed to remain open-minded given deregulation factors. He added core inf has been very stable and has fallen in recent months.

JP Morgan forecasts the Bank of Thailand will deliver three 25bp hikes starting in Q1 next year, lifting the policy rate from 1.00% to 1.75% by end-2027 — a notably more hawkish stance than market consensus, which expects the rate to remain at 1.00% through 2027. JP Morgan economist Charnon Boonnuch says the call rests on stronger growth and a rebound in inflation. He notes Thailand’s policy rate is currently among the world’s lowest, below Japan. JP Morgan nonetheless expects the BoT to keep rates on hold for the remainder of 2026, citing growth below potential and weak credit that keep near-term hikes difficult.