NewsNation reported President Trump told reporters Wednesday he believes he is "No.1 on Iran's assassination list" and said he is unbothered because he is "doing his job." Asked why he would not use the new Air Force One, he said the new jet is being flown to several European bases for display and that he will return by conventional means, planning to fly an older Air Force One from Turkey to the UK.

Minutes from the Fed’s June 16–17 meeting show officials increasingly concerned about high inf. A minority judged an immediate rate hike could be warranted, but participants followed Fed chair KEVIN WARSH in issuing a shorter policy statement and ultimately supported leaving the policy rate unchanged. The minutes say a “majority of participants” saw scenarios in which inf would return to the Fed’s 2% target and scenarios in which it would remain elevated; “almost all” participants holding the latter view said hikes would be necessary if that occurred. Participants generally judged incoming information between meetings pointed to elevated upside risks to price stability and reduced downside risks to full employment.

Temasek's CIO said private credit has performed well amid volatile market conditions.