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Fed

Atlanta Fed GDPNow Model Q3: 4.8% (prev. 4.6%)

StockNow breaking-news AI analysis

The Atlanta Fed GDPNow model revised its Q3 growth estimate upward to 4.8% from the previous 4.6%.

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Geopolitics

Iranian Foreign Ministry spokesperson Baghaei says Iran remains committed to its Nuclear Non-Proliferation Treaty (NPT) obligations and maintains a principled opposition to nuclear weapons, Nour News reports

Fed

Fed's Barr (voter) says if inflation doesn't moderate soon, will be time for an interest rate hike

Geopolitics

US Treasury Secretary Bessent says 85-90% of Iran's factories have the ability to rebuild; Iran has the 3rd-greatest energy resource; will probably announce bank sanctions this week and next