Misery Index (CPI y/y + unemployment rate) fell to 7.7% in June from its recent peak of 8.5% May, courtesy of a pullback in energy prices and a stable unemployment rate
The odds of Fed Chair Jay Powell leaving the Fed's board by May 30 have fallen to 31%, according to Polymarket. The chances of Kevin Warsh getting confirmed to be the next Fed chair by May 15 have fallen to a record low of 40%, despite broad support for him as a candidate.
Wrapping up my week with a quick jump on @SchwabNetwork around 10:20 a.m. to chat with @sam_vadas about the latest from DC including the looming Homeland Security shutdown and when we'll get to a Fed chair confirmation hearing.
Sign Your Name to Europa Clipper's Message in a Bottle -> You're invited to #SendYourName to Jupiter's moon Europa by signing a poem by U.S. Poet Laureate Ada Limón that will travel aboard NASA's @EuropaClipper spacecraft https://t.co/Aeqy6PE3X1
Our first panel is underway: Cécile Ndjebet, Founder of the African Women's Network for Community Management (REFACOF) and 2022 Wangari Maathai Forest Champion talks about the key role Indigenous and rural #women and #girls play in global conservation efforts. #RRIDialogue