Thursday Afternoon Links

[Reuters] S&P 500 at three-month high on rising bets of smaller rate hikes

[CNBC] With inflation running at a 40-year high, 36% of U.S. adults tapped their savings to cover living expenses

[Reuters] Russia struggles to replenish its troops in Ukraine

[Reuters] Latvia, Estonia withdraw from China cooperation group

[AP] Wildfires spread, fish die off amid severe drought in Europe