Inside Warsh's first FOMC: Hawks on the offensive and Wall Street keen for regime change details

What to watch for the Fed rate decision on June 17, 2026.

Fitch Ratings downgrades its midyear US credit outlook to deteriorating due to inflation and interest rate pressures.

Hardline Israeli Politicians Livid Over Iran Deal, Want Netanyahu Out So They Can Do 'Real Regime Change' Former Prime Minister Naftali Bennett didn’t mince words on Monday: the clock for regime change in Iran starts ticking the moment Israel gets a new government. Chairman of the “Together” party and former Prime Minister Naftali Bennett speaks during a press conference at the Knesset in Jerusalem, May 20, 2026. (photo credit: YONATAN SINDEL/FLASH90) Speaking at the Knesset, Bennett unloaded on Prime Minister Benjamin Netanyahu’s leadership, declaring that his term "began with a civil war, continued with the massacre of October 7, and ends with a historic failure against Iran." He tied any serious effort to topple the Iranian regime directly to political change in Jerusalem. Bennett promised that under new leadership he would revive the "Octopus Doctrine" - hitting Iran with every tool available while blocking its nuclear path - and fix the IDF’s manpower crisis by ending haredi dra

Stellar 20Y Auction Stops Through, With Highest Foreign Demand In 2 Years In a quiet day for stocks, which are now trading near session lows, which in turn is prompting a bid for safety, the Treasury complex was already trading at the best levels of the day ahead of today's Treasury auction. Then just after 1pm, the stellar results from today's 20Y auction (technically a 19 Year 11-month reopening of cusip UV8), confirmed the solid demand for US paper.  Today's sale of $13BN in 20Y paper was solid from top to bottom. The auction priced at a high yield of 4.927%, down from 5.122% last month; it also stopped through the 4.937% When Issued by 0.1bps. This means we have had 4 auctions without a tailing 20Y auction yet. The bid to cover was likewise impressive, rising to 2.75 from 2.55, the highest since March and above the recent average of 2.648. The internals were even better: indirects were awarded 71.6%, a big jump from 67.7% last month and the highest since July 2024. And with Directs awarded 19.9% (below the six-auction average of 24.3%), Dealers were left holding

Trump pressures the Fed to cut rates as Warsh takes over with inflation at 4.2%.

QatarEnergy Plans Rapid LNG Production Restart As Hormuz Reopens Qatar shut the world's largest LNG facility early in the U.S.-Iran war after Iranian Shahed one-way attack drones struck critical energy infrastructure, triggering chaos across global gas markets, just as the Hormuz maritime chokepoint was shuttered. Now, with a U.S.-Iran peace deal set to formally reopen the waterway by Friday, there is encouraging news on the supply side: According to Bloomberg News, Qatar is preparing to rapidly restart LNG production, a move that could help ease the global supply crunch and accelerate the normalization of energy flows. Sources tell the outlet that QatarEnergy has been preparing for a fast restart since April by testing equipment, performing maintenance and keeping some production trains running at reduced levels. The restart timeline now stands at 50% capacity within one month and about 80% within two months - well ahead of earlier timelines. A full recovery of QatarEnergy's Ras Laffan complex, which exported almost 20% of global supply last year, could take years after parts of the facility were damaged by Iranian drones and missiles in the first few weeks of the conflict in March.  The return of Qatari LNG would help ease a global supply crunch; however, commodity analyst Jack Prandelli pointed out on X: Here's what those headlines will miss: