Schmid of the Federal Reserve said the Fed has not yet solved the inf problem.

Paraguay President Santiago Peña said the United States is asking Paraguay to boost beef exports to relieve elevated U.S. beef prices but has not offered Paraguay any export quota. Peña said rising U.S. demand and high prices are driving Washington to seek overseas suppliers. Measures already taken include allowing up to 300,000 tonnes of boneless beef imports at lower tariff rates — a move likely to benefit Brazil — and Argentina, led by Javier Milei, secured an additional 80,000 tonnes of beef export quota to the U.S. in broader bilateral trade talks.

Iranian President Pezeshkian said when asked whether the war could end before year-end that the decision rests with the US. He said, If the current US administration wants to reach an agreement within the framework of international law, it can; if it does not, then whether the conflict ends before or after the US midterm elections makes no difference to us.