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)
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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