Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.06% Stock Market News 06-18 21:45
SHORT-TERM INTEREST-RATE FUTURES NOW PRICING BIGGER CHANCE OF A FED HIKE THAN A HOLD BY SEPTEMBER *Walter Bloomberg (@DeItaone) / Twitter 06-18 03:22
Pinned: FED SIGNALS HIGHER RATE PATH, MARKETS PRICE HAWKISH SHIFT Federal Reserve projections show the median funds rate rising to 3.8% in 2026 (from 3.4%), 3.6% in 2027, and 3.4% in 2028, with the long-run rate steady at 3.1%. Inflation is expected to stay elevated, with PCE not returning to 2% until 2028. Markets are pricing a hawkish shift, with traders assigning high odds of further hikes before 2028. *Walter Bloomberg (@DeItaone) / Twitter 06-18 03:05
FED LIFTS RATE PATH, INFLATION OUTLOOK RISES Federal Reserve projections show the median fed funds rate rising to 3.8% in 2026 (from 3.4%), 3.6% in 2027, and 3.4% in 2028, with the long-run rate unchanged at 3.1%. Officials now expect higher inflation through 2026, with PCE not returning to the 2% target until 2028. Growth is slightly lower, unemployment broadly steady. Only 18 of 19 policymakers submitted projections. *Walter Bloomberg (@DeItaone) / Twitter 06-18 03:00
*FED REMOVES STATEMENT REFERENCE TO ADDITIONAL RATE ADJUSTMENTS *Walter Bloomberg (@DeItaone) / Twitter 06-18 03:00
*FED LOWERS MEDIAN 2026 GDP PROJECTION TO 2.2% FROM 2.4% *Walter Bloomberg (@DeItaone) / Twitter 06-18 03:00
BRAZIL'S LULA: I BELIEVE TRUMP KNOWS LITTLE ABOUT BRAZIL *Walter Bloomberg (@DeItaone) / Twitter 06-18 02:45
IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS IRAN AND OMAN WILL DEVELOP A MECHANISM FOR THE STRAIT, AND WE WILL EXCHANGE VIES WITH OTHER COUNTRIES WHEN NECESSARY *Walter Bloomberg (@DeItaone) / Twitter 06-18 02:42
IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS SIGNING COULD BE DONE BY U.S. AND IRAN PRESIDENTS, THE IDEA STILL UNDER REVIEW -STATE MEDIA *Walter Bloomberg (@DeItaone) / Twitter 06-18 02:21
TRUMP: IRAN SCHOOL INCIDENT IS UNDER INVESTIGATION *Walter Bloomberg (@DeItaone) / Twitter 06-18 01:54
TRUMP: IF THEY DON'T HONOR THE AGREEMENT, WE'LL PROBABLY GO BACK TO BOMBING THEM UNTIL THEY HONOR IT *Walter Bloomberg (@DeItaone) / Twitter 06-18 01:27
TRUMP THANKS ISRAEL AND NETANYAHU FOR IRAN EFFORT *Walter Bloomberg (@DeItaone) / Twitter 06-18 01:26
TRUMP PRAISES IRANIANS AS SMART PEOPLE, GOOD NEGOTIATORS *Walter Bloomberg (@DeItaone) / Twitter 06-18 01:23
TRUMP: MARITIME TRAFFIC IN STRAIT OF HORMUZ HAS INCREASED SUBSTANTIALLY *Walter Bloomberg (@DeItaone) / Twitter 06-18 01:22
TRUMP: BELIEVES CURRENT IRAN LEADERS REPRESENT REGIME CHANGE *Walter Bloomberg (@DeItaone) / Twitter 06-18 01:21
TRUMP SAYS ABOUT IRAN DEAL `WE WON'T GIVE THEM ANYTHING' WHEN IT COMES TO MONEY, INVESTMENT *Walter Bloomberg (@DeItaone) / Twitter 06-18 01:21
TRUMP: TECHNICAL DISCUSSIONS ON NUCLEAR STOCKPILES WILL BEGIN IMMEDIATELY *Walter Bloomberg (@DeItaone) / Twitter 06-18 01:20