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Fed Chair Kevin Warsh says the number of meetings involving interest rate votes will be reduced; US Vice President JD Vance reaches out to senior Iranian official Rezaei in an attempt to revive peace talks.
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The Iran war is weighing on Trump, with his approval rating falling to 36%. The FOMC rate decision could see renewed dissent, offering clues about the Fed's policy direction in December.
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The US threatens to relaunch “Operation Epic Fury,” while countries covered by the Saudi defense pact travel to Tehran to promote peace talks.
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Hundreds of thousands of people take part in anti-government protests in France, with clashes erupting again. Trump says the US could strike Iran again at any time.
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The US is deploying a third aircraft carrier and approximately 10,000 additional personnel to the Middle East; the IEA is prepared to coordinate further emergency oil releases.
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Iran has vowed a forceful response if the United States launches another military operation, while Canada’s inflation rate rose to 3.1% in September, driven primarily by higher energy prices.
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Iran says it will not bow to threats and that its seven-day proposal for reopening the Strait of Hormuz remains on the table. The IMF warns that the Bank of Japan may need to accelerate its pace of rate hikes if inflation exceeds expectations.
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