Lebanese media reported on the 17th that Israel struck southern Lebanon multiple times.

German Chancellor Merz said he has convened an 'E5' format meeting in Berlin next week; beyond the 'E3' participants, Poland and Italy have been invited.

Goldman Sachs Asset Management analyst Kay Haigh said today's Fed decision confirms the recent hawkish shift is not solely driven by higher oil. Despite a pullback in oil, half of FOMC participants expect a rate increase as early as this year, reflecting a strong labor market and inflation prints. Goldman’s base case remains that the Fed can narrowly avoid raising rates, but the path is tight and incoming inflation data will carry high weight.