WS #7815
No material new developments in the last 30 minutes. The dominant themes from the previous window (FOMC minutes, Iran peace proposal, oil price decline, Meta layoffs) remain unchanged with no new data points or counter-signals. The situation is stable.
Key developments
- FOMC Minutes: Majority favors rate hikes if inflation persists, many wanted to remove easing bias
- Oil plunges 6-7% on Iran peace deal hopes; WTI below $100
- Meta begins laying off 8,000 employees; Zuckerberg says 'success isn't a given'
- UAE pipeline bypassing Strait of Hormuz reaches 50% completion
- PepsiCo planning to raise prices on smaller chip bags