- Fed Favors Reducing Monthly Asset Runoff Pace by Roughly Half (bloomberg)
- Fed Prepares Slower Pace of Runoff for $7.4 Trillion Portfolio ‘Fairly Soon’ (wsj)
- Nike Stock Jumps On Upgrade As Estimates ‘Finally Look Achievable’ Ahead Of Paris Olympics (investors)
- Producer Prices Rise Less Than Expected (barrons)
- US Producer Prices Rise But Show Some Relief in Key Categories (bloomberg)
- Give us a (tax) break How empty office buildings could help NYC solve its housing crisis (nypost)
- ECB’s Lagarde Says ‘a Few’ Were Ready to Cut Rates Today (bloomberg)
- Alphabet Heads Toward $2 Trillion With Investors Cheering AI Progress (bloomberg)
- China will remain the world’s No. 1 growth driver, says the Asian Development Bank (cnbc)
- China’s commercial property segment is seeing some bright spots amid a slump in the wider realty sector (cnbc)
- Fed likely to cut rates before ECB blinks, former BOE member says (cnbc)
- What PPI tells us about PCE: Fed’s preferred inflation gauge may not look so bad for March (marketwatch)
- These in-the-know investors are more bearish than they’ve been since 2014 (marketwatch)
- Costco’s March Sales Jump. E-Commerce Is Taking Off. (barrons)
- Hot Inflation Report Derails Case for Fed June Rate Cut (wsj)