· Thursday
Daily briefs generated by sembr, the open-source semantic intelligence engine · every item links to its sources
First hike in three years lands 12–0; hawkish dot plot points to one more in 2026
The FOMC delivered its first rate increase since 2023 — 25bp to 3.75%–4.00%, unanimous 12–0 — with a hawkish dot plot pointing to one more hike this year and a terse Warsh press conference framing the move as removing only "a dose of accommodation," lifting October hike odds to roughly 50% and the 2-year yield to a two-year high before a Thursday relief rally in bonds and stocks .
Brent falls to $104.59 as Saudi Arabia opens an Oman workaround and an undisclosed US–Houthi meeting surfaces
The crisis has produced its first broad give-back — Brent November settled 2.69% lower at $105.83 and WTI October 3.21% lower at $102.43, with Brent reported at $104.59 early on 9/17 — as Saudi Arabia opened an Oman ship-to-ship export workaround, Aramco targeted restoring about half the East-West pipeline's capacity within days, and a previously undisclosed US–Houthi meeting in Muscat plus a Chinese instruction to Iran to reopen the strait came to light .