Fed's Hammack says the era of low interest rates may be unusual.

Iran's Supreme National Security Council secretary Rezaei told Qatar's prime minister on the 27th that Tehran distrusts the US after repeated breaches of diplomacy and warned that any US 'destructive' action would bring a 'historic disaster' to US military and economic interests. He said the US must first take concrete measures to meet Iran's conditions before Iran would reopen the Strait of Hormuz; Qatar's prime minister said Doha seeks cooperation with Iran given regional sensitivities.

The 73rd chairman meeting of the 14th National People’s Congress Standing Committee on the afternoon of the 28th decided to submit for vote at the closing session of the committee’s 24th meeting draft revisions to the Medical Security Law, the Farmland Protection and Quality Improvement Law, amendments to the Agricultural Law, revisions to the National Defense Mobilization Law, and proposed changes to the Lawyers Law decision.