Morning Brief — Morning Brief for Thursday, June 18, 2026

Today’s brief leads with the Federal Reserve’s June 17 hold and the more important part underneath it: policymakers kept rates at 3.5% to 3.75% but explicitly tied elevated uncertainty and inflation pressure to the Middle East and energy, which means the real market question is whether the Iran truce and oil relief can last long enough to keep yields and borrowing costs from grinding higher again; in Central Ohio, the Columbus Air Show starts Friday at Rickenbacker with new twilight-show tim