Fed’s Meester Backs 75 Point Hike In July

🇺🇸 🇺🇸 BREAKING: Fed’s #Mester backs 75 basis point hike in July if conditions remain the same
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FCC Plans To Ban Tik Tok

🇺🇸 🇺🇸 #FCC commissioner has called on Apple and Google to #ban TikTok
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Inflation: Citi Global Wealth Warns About Staying In Cash

🇺🇸 🇺🇸 #Citi #Global #Wealth: “For cash holders, the repercussions of #inflation are painful, and those sitting on excess cash will likely be left #poorer over time”
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ECB Chief Economist Warns Of More Pain

🚨 🚨 #ECB’s #chief #economist sees double-sided risk of #spiraling #inflation and an #economic #slowdown
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Have Markets Bottomed?

🚨 🚨 #Morgan #Stanley: “Equity markets tend to trough 2-3 weeks before earnings revisions bottom, however the latter have #not even #turned #negative yet”
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China’s Beige Book Shows A Slowdown

🇨🇳 🇨🇳 China’s #economy #didn’t #bounce back in the second quarter, China #Beige #Book survey finds
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Bed Bath And Beyond Cuts Air Conditioning

🇺🇸 🇺🇸 A new report from #Bank of #America claims that #Bed, #Bath, and #Beyond has #cut #air #conditioning in an effort to quickly lower expenses to make up for a slump in sales
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Singapore To Build World’s Biggest Automated Port

🇸🇬 🇸🇬 #Singapore is forging ahead with a US$40 billion project to build the #world’s #biggest #automated port by 2040
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