EconomyStocks Rise on AI Confidence as Middle East Tensions Mount | Bloomberg Brief, Aug. 17, 2026

Fresh economic data further reduce expectations for Federal Reserve rate hikes, sending the dollar to a three-month low. The 60-day US-Iran memorandum of understanding expires, and Tehran says it has “lost all relevance” because of alleged US violations. BNY Investments Newton’s Ella Gude discusses the Fed’s rate path.