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Equities: The S&P 500 slumped 1.2% to settle at 7,420, while the tech-heavy Nasdaq 100 dropped 1%. The Dow Jones Industrial Average suffered a 507-point drop (1.0%) to finish at 51,498, reversing an intraday gain of 0.5% recorded earlier in the morning session. Small caps shared the pain, with the Russell 2000 closing down 0.7%.

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My expectation is the task forces will begin work ‘in the next couple weeks’ Most or all will conclude by year end The ‘no reason’ comment is hawkish. More: Inflation is primarily determined by monetary policy We have the capability to deliver on 2% and that’s exactly what we’re going to do Can’t provide forward

ETF inflows continue despite broader crypto weakness Institutional flows have remained one of the strongest aspects of XRP’s investment case over recent weeks. While Bitcoin and Ethereum ETFs experienced multi-billion-dollar outflows during the second half of May and early June, XRP-focused investment products continued attracting fresh capital, highlighting a notable divergence in institutional positioning. The

US retail sales are due at the bottom of the hour in an important check on the consumer. The consensus is that sales rose 0.5% in May, with the ex-autos number matching that. For the market, the most-important number is the control group, which excludes autos, gasoline and building materials. It’s expected up a healthy