European Central Bank President Lagarde said the ECB does not need to respond more forcefully to the war in Iran.

Former Federal Reserve Chair Alan Greenspan died Monday at age 100 at home from complications of Parkinson’s disease. Greenspan led the Fed from 1987 until retiring in early 2006, a period marked by a long expansion, low unemployment and strong equity markets; his standing was later dented by the financial crisis that erupted within two years of his departure. Former Fed Vice Chair Roger Ferguson said Greenspan was among the most influential central bankers of the late 20th century and an early proponent of the view that technology-driven productivity gains supported faster growth without rekindling inflation.

Pakistan government said Iran's president will visit Pakistan on June 23.