Russia's deputy UN ambassador and permanent representative to the OSCE, Dmitry Polyansky, said Ukrainian President Zelenskiy has not stopped provocative actions against Moscow and is attempting to draw Europe and NATO into a direct war with Russia.

Israel’s Channel 12 reports US negotiators during indirect talks in New York around the UN General Assembly rejected Iran’s proposal to reopen the Strait of Hormuz, telling Tehran it does not control the waterway and questioning Iran’s standing to make the proposal. Channel 12 said US envoys Steve Witkoff and Jared Kushner were in one room while Iranian foreign minister Abbas Araghchi was in another, with messages shuttled by Qatari intermediaries. More indirect talks may occur before the UNGA ends, but mediators are awaiting President Trump’s decision on whether to continue the process or pursue other options.

HAMMACK said the longer inf remains elevated, the harder it will be to return to the Fed's inflation target.