Investors are jittery about the prospects of another outsized interest rate hike from the Federal Reserve. On Friday, Fed Governor Christopher Waller said the Fed should be aggressive with rate hikes while the economy “can take a punch,” while Kansas City Fed President Esther George said taming inflation could be a tough task.
Oil slips again as US, Iran sign peace deal
Oil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on
June 18, 2026