BREAKTHROUGH U.S.–IRAN DEAL REPORTEDLY EXPECTED THIS WEEK Sources familiar with mediation efforts told Al-Araby Al-Jadeed that a breakthrough agreement between Washington and Tehran could be announced this week. Negotiators are reportedly working to narrow differences and secure mutual concessions to prevent renewed military escalation. No agreement has been officially confirmed.

U.S. CORE PCE REVISIONS REVEAL SHARPER DISINFLATION Downward revisions concentrated in 2026 have pushed annual core PCE to 3.0%, with July revised from 3.34% to 2.98%. More importantly, underlying inflation momentum has weakened significantly: 3-month annualized: 2.05% 6-month annualized: 2.74% The revisions suggest U.S. inflation was cooling faster than previously reported, beyond August’s softer reading alone.