Powell warns: Fed’s rate forecasts are subject to change
Federal Reserve Chair Jerome Powell warned that interest rate forecasts may change based on future data and highlighted expected inflation growth in the coming months.
Tensions between Iran and Israel continue to escalate, with Tehran condemning Israel’s airstrikes and emphasizing its defensive stance.
Iran Foreign Ministry spokesperson Ismail Baqaei stated on June 18 that the goals of the Islamic Republic of Iran have so far been defensive, targeting only military sites. He accused Israel of killing Iranian civilians.
On the same day, Iran’s Supreme Leader Ayatollah Ali Khamenei rejected U.S. President Donald Trump’s demand for Iran’s unconditional surrender.
Intense Israeli airstrikes on Tehran, the capital of Iran, have forced thousands to flee to safer areas. Amid these tensions, Türkiye has strengthened security measures along its border with Iran.
Although Trump initially called for a swift diplomatic resolution to the conflict, he later indicated that the U.S. might join the conflict. In social media posts, Trump has contemplated assassinating Supreme Leader Khamenei and demanded Iran’s surrender.
According to sources, Trump and his team are also discussing joint strikes with Israel on Iran’s nuclear facilities.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
Egypt’s Foreign Minister Badr Abdelatty and Chinese Foreign Minister Wang Yi discussed the escalating Middle East tensions and stressed the need for urgent de-escalation and diplomatic efforts to prevent further conflict.
At the second China-Central Asia Summit held in Astana, the capital of Kazakhstan, China and five Central Asian countries signed the "Treaty of Eternal Good-Neighborliness, Friendship, and Cooperation," establishing a new legal foundation for strategic partnership.
Smoke rises over Tehran as Israeli airstrikes and Iranian missile attacks push regional tensions to the brink. Dozens of civilian casualties have been reported on both sides.
Amid rising tensions with Iran, the U.S. B-2 Spirit stealth bomber stands ready to strike. Equipped with bunker-buster bombs and radar-evading tech, it gives America unmatched ability to hit hardened underground targets with precision from across the globe.
Federal Reserve Chair Jerome Powell warned that interest rate forecasts may change based on future data and highlighted expected inflation growth in the coming months.
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