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    • Analysts predicted $200 oil when war began, but plunging Chinese imports, higher U.S. production, and the U.S. President himself have prevented that … so far. (reuters.com)
    • The Senate unanimously passed a resolution declaring that FTX founder Sam Bankman-Fried should not receive a pardon. Bankman-Fried, who was sentenced to 25 years in prison on fraud charges had previously requested a presidential pardon. (thehill.com)
    • June headline CPI 3.5% and Core CPI 2.6%, both down, but may rise again as U.S./Iran conflict heats up in July (cnbc.com)
    • Fed chair Warsh explicitly defends Fed independence from White House during Capitol Hill Q&A (reuters.com)
    • Warsh promised Fed task forces to examine inflation, jobs, balance sheet, and communication. Here are his official picks for these roles. (federalreserve.gov)
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