Fed's Kashkari (2026 voter, statement dissenter) says inflation remains too high
Kashkari's comments signal a hawkish stance, emphasizing persistent inflation concerns that may influence upcoming Fed decisions.
Saudi Arabia and Kuwait lift restrictions on US military access to bases and airspace, via WSJ; US looking to restart Project Freedom to unblock Strait of Hormuz
Iran Foreign Minister Araghchi criticized the unilateral and provocative resolution submitted by the US and the Gulf on the situation in the Strait of Hormuz, Tasnim reports
Fed's Kashkari (2026 voter, statement dissenter) says inflation remains too high
OpenAI says it is advancing voice intelligence with new models in the API
Canadian miner Sherritt pulls out of Cuba on Trump sanctions fears, via FT
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As a dissenter and 2026 voter, his remarks could indicate tighter policy ahead, affecting both USD strength and broader fixed income markets. Traders should watch for market reactions, particularly in interest rates and risk sentiment, as this adds weight to the potential for continued tightening.
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