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Rosengren: Fed is on Hold Without Iran Timeline Clarity

Former President of the Federal Reserve Bank of Boston Eric Rosengren discusses how the Iran war will impact the upcoming Fed decision, the 2026 rate outlook, & Judge Boasberg's rejection of subpoenas of the Federal Reserve in the Jerome Powell case. He talks with Romaine Bostick and Bailey Lipschultz on the "The Close."

Read more: Rosengren: Fed is on Hold Without Iran Timeline Clarity
Bloomberg

Stocks Rise as Oil Sinks On Strait of Hormuz Hopes

A slide in oil prices lifted stocks and bonds on hopes that more tankers will be able to traverse the Strait of Hormuz, with signals that rich nations could release more stockpiles also helping sentiment. While traffic through Hormuz remains at a near-standstill amid the Iran war, US crude settled at $93.50 as a trickle of vessels started to find a way through the oil route. Racquel Oden, US Head of Wealth and Private Banking at HSBC joins to discuss how the markets may react to headlines in the short term, but over time they follow earnings, and the earnings outlook remains strong.

Read more: Stocks Rise as Oil Sinks On Strait of Hormuz Hopes
Bloomberg

Iran Strikes Gulf Oil Hub as Allies Resist Trump Hormuz Plan

Iran struck new targets across the Persian Gulf, hitting a key United Arab Emirates oil hub as US allies balked at President Donald Trump's demands to help secure the Strait of Hormuz. Natasha Hall, associate fellow at Chatham House, said Trump has made conflicting statements about possible offramps to conclude the war with Iran, but the other outstanding question is what would come afterward.

Read more: Iran Strikes Gulf Oil Hub as Allies Resist Trump Hormuz Plan
Bloomberg

This Is the Most Volatile Oil Market in Our Lifetime, Carley Garner Says

Carley Garner, senior commodity strategist and broker at DeCarley Trading, joins Scarlet Fu on "Bloomberg Markets." Oil prices dipped in a volatile session on signs that emergency supplies will be available in the US crude market soon but investors remain on edge as Middle East supply disruptions have upended global markets.

Read more: This Is the Most Volatile Oil Market in Our Lifetime, Carley Garner Says