macro
Federal Reserve Board names Jerome H. Powell as chair pro tempore; Powell will serve as chair pro tempore until Kevin M. Warsh is sworn in as the new chair
The dawn of a strange new European consensus.
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Federal Reserve chair Jerome Powell steps down this month after proving himself an exemplary public servant. Compelled to deal with a president intent on telling the central bank what to do, his response was exactly right. Reluctant to confront the White House until he had no choice, he then did so
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Some job seekers are "doomjobbing" as a way to cope with the stress of unemployment.
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Retailers furious at government effort aimed at limiting impact of inflation
So why aren’t more buying inflation-protected bonds?
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Some job seekers are "doomjobbing" as a way to cope with the stress of unemployment.
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Kevin Warsh is poised to take the helm of the US central bank later this week facing pressure from the White House to deliver interest-rate cuts and growing resolve from his colleagues to stand pat. Now the bond market is piling on.
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Australia central bank saw space to assess impact of Gulf conflict after May rate hike Reuters
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Morning Bid: Markets in uneasy calm as inflation fears take root Reuters