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As Hegseth proclaims victory in Iran war, Caine takes cautious tone The Washington PostFor Trump, Resuming Combat in Iran Would Be Risky, Even if Cease-Fire Expires The New York TimesPete Hegseth says "we'll be hanging around" after Iran ceasefire announcement CBS NewsHegseth declares victory in Iran but says US forces will remain in region Politico
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Stock futures are little changed after Dow posts best day since April 2025 following ceasefire deal: Live updates CNBCOil is plunging, but don't expect $3 gas anytime soon. Here's why CNNOil prices drop amid ceasefire The HillThe third Gulf war will scar energy markets for a long time yet The Economist
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Trump met with NATO leader Rutte after musing about pulling out of the military alliance AP NewsExclusive | Trump Team Explores Punishment for NATO Countries That Didn't Support Iran War WSJTrump administration signals it is mulling NATO withdrawal after Iran war Al JazeeraTrump to discuss leaving NATO in meeting with alliance's leader, White House says The Washington Post
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The conflict in the Middle East has left the Federal Reserve braced for higher inflation, upending expectations about if officials will restart interest rate cuts.
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Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the CME Group.
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American and Canadian airlines, squeezed by surging fuel costs from the war in Iran, are adding "sticky" new bag fees and surcharges, on top of higher fares.
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Iran War Live Updates: U.S.-Iran Cease-Fire Shaky as Israel Strikes Lebanon and Confusion Grows Over Strait The New York TimesWhat Is In Iran's 10-Point Proposal, and How Does It Compare to U.S. Demands? The New York TimesNegotiators face huge task to close gaps in rival Iran peace proposals BBCHow Trump went from threatening Iran's annihilation to agreeing to a 2-week ceasefire with Tehran AP NewsLive updates: Fragile ceasefire in the balance as Iran says it is halting Strait of Hormuz traffic
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Policymakers said they would need to remain "nimble" as they weighed the impact the war had on inflation.
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