Fed's Williams expects inflation to ease next year.

ABC, citing U.S. officials and another person familiar, reported President Trump is demanding Tehran put specific nuclear concessions in writing as part of a preliminary deal to break the long-running U.S.-Iran impasse. Sources said Iranian negotiators had previously given verbal assurances they would ultimately accept certain terms affecting Iran’s nuclear program; at a White House Situation Room meeting last Friday Trump judged those pledges insufficient.

June 3 — Hangzhou's 10th 2026 land sale auctioned four residential parcels in Jiubao (Shangcheng), Shuangqiao (Xihu), Xiasha Jinsha Lake (Qiantang) and Eastern Bay New City for a total of 4.62 billion yuan. Average premium was 41.9% and the highest premium exceeded 60%, indicating sustained market heat.