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Trump Signs Iran MOU at Versailles, Fed Holds Under Warsh and the G7 Backs Deal
Description
Headline news for June 18, 2026: President Trump signs the U.S.-Iran memorandum of understanding at the Palace of Versailles and the Strait of Hormuz reopens instantly, all sanctions are lifted and the war that began February twenty-eighth is formally over. The Federal Reserve holds rates under new chair Kevin Warsh but nearly half of policymakers now expect a hike by year end.
Synopsis: A round up of global headlines to start your day by The Business Times.
Written by: Claressa Monteiro (claremb@sph.com.sg)
Produced and edited by: Claressa Monteiro or Howie Lim
Produced by: BT Podcasts, The Business Times, SPH Media
Produced with AI text-to-speech capabilities
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