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June 26, 2025 9 mins

Nato members decided on increased defence spending, the Federal Reserve is planning on cutting capital requirements for America’s biggest banks, and accounting firms are ready to open up to public markets. Plus, why US stocks are unfazed by the Israel-Iran conflict. 


Mentioned in this podcast:

The US, Iran and markets

The markets are silent — that is worrying

Federal Reserve unveils plans to reduce capital rules imposed after 2008 crisis

Accounting sector prepares for more IPOs after private equity binge


Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, and Marc Filippino. Additional help from Blake Maples, Michael Lello, David da Silva and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com


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