Bloomberg Markets
Federal Reserve Vice Chair Philip Jefferson says he expects inflation to cool later this year as the effects of tariffs and higher energy costs wear off but cautions that inflationary risks remain tilted to the upside. He speaks at a conference hosted by the Bank of Japan in Tokyo. (Source: Bloomberg)
Yahoo Finance
Yahoo Finance
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Yahoo Finance
Bloomberg Markets
The Bank of Canada said the financial system has functioned well through recent global shocks, but highlighted the risk of an asset price correction as well as vulnerabilities related to the role hedge funds are playing in debt markets.
Bloomberg Markets
Treasuries rallied back to be little-changed on the day, erasing earlier declines spurred by higher oil prices, after a key US inflation gauge rose less than expected.
Yahoo Finance
Bloomberg Markets
Three crude-oil tankers sanctioned for being part of Russia’s shadow fleet were attacked by drones off Turkey’s Black Sea coast overnight, according to a local port agent.