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Here's what the central bank's hawkish agenda means for your money.
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Oil prices are falling and stocks are up. Traders worry they've gone too far CNNHormuz traffic reaches highest level since mid-April, maritime data shows The Times of IsraelAfter Deal to Reopen Strait of Hormuz, Ships Begin to Move Cautiously The New York TimesIran announces plans to bring in maritime fees for strait of Hormuz The GuardianOil Prices in Focus as Vance Cancels Trip to Start Iran Peace Talks and Hormuz Reopens
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UK regulator also publishes parameters of how it will stress-test private credit markets
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Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook CNBCOil Falls on Signs of Strait of Hormuz's Reopening WSJIran announces plans to bring in maritime fees for strait of Hormuz The GuardianTracking the reopening of the Strait of Hormuz, in live maps and charts CNN
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U.S. moves toward troop reductions in Europe as Hegseth scolds NATO allies The Washington PostHegseth Berates NATO Allies for ‘Shameful' Response to U.S. War in Iran The New York TimesNATO chief downplays US military cutbacks as top commander makes backup plans AP NewsHegseth lashes out at NATO allies and announces a review of U.S. forces in Europe NBC NewsPete He
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Luigi Mangione's lawyers withdraw plans for psychiatric defense NPRMangione lawyers abandon psychiatric defense over health CEO's killing | Brian Thompson shooting The GuardianLuigi Mangione's lawyers reverse course, say they won't pursue a psychiatric defense Los Angeles TimesLuigi Mangione's emotional disturbance defense may have huge impact in his other case: lawyer Fox News
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European Banking Authority sets out ‘targeted' plan to simplify overlapping requirements for lenders
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