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For the first time in 53 years, the Knicks are having a parade in Manhattan's "Canyon of Heroes." Millions are on hand celebrating the teams NBA championship win. The parade features players including Jalen Brunson, Mikal Bridges, OG Anunoby and Karl-Anthony Towns, accompanied by New York City Mayor Zohran Mamdani, and will conclude at City Hall Plaza with a ticketed ceremony. (Source: Bloomberg)
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Bloomberg Markets
Traders piled into betting on interest-rate hikes as soon as next month after Kevin Warsh used his debut press conference as Federal Reserve chairman to make clear the central bank won’t tolerate high inflation.
Jennifer Lee, Senior Economist at BMO Capital Markets, discusses the FOMC decision and what she expects to see as Kevin Warsh settles in as Fed Chair. (Source: Bloomberg)
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