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US Treasury Secretary Bessent doesn't think anyone should do dot plot projections and applauds Warsh for eliminating forward guidance

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Trump has confidence in Warsh. 'Came out tough' ttalking about inflation. Fed need to have an open mind on inflation impact of Iran conflict.

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U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

U.S. Economy

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