Iran confirms missile attack on U.S. military base in Qatar

*TRUMP ADMIN PREPARING FOR IRAN ATTACK ON US GULF BASES: AXIOS Trump assembles national security team amid threat of Iran retaliation The Trump administration is preparing for an Iranian attack against American bases in the Gulf in retaliation for its strike on Iran's nuclear facilities this weekend, U.S. officials say. Why it matters: The scope of the Iranian retaliation — particularly the number of casualties — will determine how President Trump responds, and whether the U.S. plunges deeper into Israel's war with Iran. Trump is scheduled to meet with his national security team at 1 p.m. ET at the White House to discuss the threat. The president has warned that any retaliation "will be met with force far greater than what was witnessed" during the U.S. military attack against three Iranian nuclear sites over the weekend. State of play: On Monday evening local time, Qatar announced it was temporarily closing its airspace due to rising regional tensions. The Qatari foreign ministry said the closure is part of a broader set of precautionary measures. Al-Udeid Air Base in Qatar is the biggest U.S. military installation in the region. In recent weeks, many of the base's aircraft and personnel have been evacuated. The U.S., U.K., and China issued warnings on Monday advising their nationals in Qatar to shelter in place as a precaution. BREAKING: Iran moves launchers for possible attack on us forces - WSJ.

Fed's Goolsbee: It's critical to look at soft economic data at current moment of transition. FED'S GOOLSBEE: TARIFFS ARE NOT UNLIKE OIL SHOCKS WITH STAGFLATIONARY IMPLICATIONS Fed's Goolsbee: Thus Far Impact Of Tariffs Not As Bad As Feared - Tariff Impact Blunted By Lowered Levels, Exemptions - Less Immediate Pass Through Of Tariffs Relative To Past - Unclear Right Now How Tariffs Will Drive Inflation Fed's Goolsbee: Does Not See 70s Style Stagflation Hitting US, But There Are Risks To Fed's Dual Mandate - No Clear Policy Response To Stagflation Environment Fed's Goolsbee: Notes Budgets Being Squeezed At Government Statistical Agencies - It's Become Less Clear What Some Of Best Economic Indicators Mean

US Official: The Trump Administration Had Prior Knowledge Of The Iranian Attack On Al-Udeid Base - Iran Informed US Via Two Diplomatic Channels Hours Ahead Of Attacks On Qatar - Tehran Also Informed Doha NO U.S. CASUALTIES REPORTED AFTER IRAN ATTACK ON AL ULDEID AIRBASE WITH SHORT AND MEDIUM RANGE MISSILES, TWO U.S. OFFICIALS