US-Iran ceasefire, next move in rates could be down, Musk’s trillions

Monday 15 June 2026

The US and Iran are set to sign a 60-day ceasefire which will reopen the Strait of Hormuz. 

• A growing number of local market economists believe the next move in interest rates could be down
• Elon Musk’s worth hits $1 trillion as Anthropic’s latest AI model is suspended because it’s too dangerous
• The housing market has another week to forget
• Qantas mulls dumping its A380s

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