IMF chief economist Gourinchas said the Fed's actions sent a strong signal, but central banks still need to provide some form of guidance on long-term interest rates.

Two typhoons — No.7 Mikla and No.8 Haigos — are impacting Japan. As of June 26, Typhoon No.7 is over waters west of Amami in Kagoshima Prefecture, placing Okinawa and Amami in its strong-wind zone and is expected to continue affecting Japan on June 27. Typhoon No.8 is forecast to approach eastern Japan on June 27 and may make landfall. Authorities issued a landslide alert for northern Kyushu. Multiple Japanese carriers cancelled June 26 services to and from Okinawa and Kagoshima; about 15,000 travelers were disrupted.

Lianxin Testing (Jiangsu) Co. said on June 26 that circulated screenshots purporting to show formamide detected in diapers are invalid. The company said no formal report has been issued; an official report would bear a cross-page seal. Testing is ongoing, any cited findings are not official, and Lianxin said it will pursue legal action against malicious dissemination that harms the company’s reputation.