- A peace agreement between the US and Iran has been reached, while both the FED and Bank of England face pressure regarding rate hikes.
- The US-Iran peace deal has ended the 107-day war, triggering a global equities rally and easing pressure on energy markets.
- A war between two nations began, followed by the announcement of a framework deal to end hostilities.
- Central banks meet on interest rates as peace talks between US and Iranian negotiators unfold, impacting oil prices and the Strait of Hormuz chokepoint.
FOMC determines monetary policy, with policy shifts likely and Powell stepping down, amid inflation driven by the Iran conflict.
2 reports, 2 independent
Updated Jun 17
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What happened
FOMC determines monetary policy, with policy shifts likely and Powell stepping down, amid inflation driven by the Iran conflict.
Who's involved
What this event is mainly aboutHow it developed
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Part of
Central banks meet on interest rates as peace talks between US and Iranian negotiators unfold, impacting oil prices and the Strait of Hormuz chokepoint.Also in this story
- Central banks respond to inflation pressures amid oil price volatility and the rejection of an Iranian proposal regarding the Strait of Hormuz.
- Oil price drops due to market sentiment shifts, coupled with the halt of US strikes following suggestions made to Donald Trump.
- Trump announced a deal to halt fighting with Iran, while also developing real estate in NYC.
The entities involved
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FED
business
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Jerome Powell
president of the FED
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Federal Open Market Committee
committee of the United States Federal Reserve
Related events
- The Federal Open Market Committee (FOMC) maintained the federal funds rate unchanged on January 1, 2026.
- The Federal Reserve (FED) maintained interest rates today following decisions by the Federal Open Market Committee (FOMC).
- Chris Hodge provided analysis regarding current Federal Reserve policy decisions, noting that the FOMC is a component of the FED.
- The Federal Open Market Committee (FOMC) kept the federal funds rate unchanged on January 1, 2026.