US-Iran Deal Details Revealed; Fed Holds Rates Steady

U.S. officials have revealed key terms of a preliminary deal with Iran. In parallel, the Federal Reserve maintained its interest rates at a steady level during its first meeting under new Chair Kevin Warsh. Tropical Storm Arthur is also making its way through the Gulf. The revelations about the Iran deal offer insights into the ongoing diplomatic efforts. The Federal Reserve's decision on interest rates signals its current economic policy stance. The movement of Tropical Storm Arthur indicates potential weather impacts in the region.

This update covers significant geopolitical and economic news, including a potential shift in US-Iran relations and the Federal Reserve's monetary policy.