· Tuesday
Daily briefs generated by sembr, the open-source semantic intelligence engine · every item links to its sources
Waller locks December in and opens a 50bp door as CPI day arrives
Governor Waller said he leans toward a quarter-point December hike *even if* today's inflation report improves and that any deviation would be toward a larger move rather than no move, pushing December pricing to roughly 95.6% on CME while leaving the CPI print as a one-sided payoff for the front end and a live risk to the growth-hedge property of duration .
Brent breaks below $90 for the first time since August as Trump says the Iran war is "ending fairly soon"
The political layer de-escalated hard — Trump said after meeting Qatar's prime minister that the conflict "is going to be ending fairly soon" and that Tehran is "talking very politely" with Washington , and Iran's foreign ministry said the UN nuclear watchdog had conducted an inspection inside the country — pushing Brent below $90 for the first time since August at $90.14, down 2.65% , even as Iran's state broadcaster reported four tankers halted in Hormuz over 24 hours and the Houthis claimed Sunday's attack on Aramco's Riyadh office and a strike on the East-West pipeline .