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Politics

German Chancellor Merz plans to convene another coalition meeting in June, to explore the positions of trade unions and employers on reforms to pensions, taxes, and the working time law and how these reforms can be implemented

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Geopolitics

US Treasury official says the latest removal of sanctions on Iran is not indicative of any shift in US policy toward the Government of Iran, Fox's Heinrich reports

Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes

Geopolitics

Arab sources report missile attack on Bahrain, Fars reports