Wednesday's News Links

[Yahoo/Bloomberg] Stocks Edge Higher in Countdown to Fed Decision: Markets Wrap

[Yahoo/Bloomberg] Oil Climbs as China’s New Import Quotas Stem Demand Concerns

[Reuters] Fed poised to punt rate hike into the summer wind

[AP] Federal Reserve is likely to skip a rate hike at pivotal meeting Wednesday yet signal more to come

[CNBC] Here’s everything the Federal Reserve is expected to do Wednesday

[Yahoo/Bloomberg] Traders Position for a Fed Pause, Start Unwinding Cut Wagers

[Yahoo Finance] The Fed's 'Dot Plot' is going under the microscope: Morning Brief

[Yahoo/Bloomberg] US Mortgage Applications Increase for First Time Since Early May

[Yahoo/Bloomberg] Riskier Bank Bonds Roar Back as Returns Rise, AT1 Market Reopens

[Reuters] Tranquility reigns over markets still awash with cash, for now

[Yahoo/Bloomberg] Ken Griffin Ramps Up Credit Trades, Anticipating US Recession

[Yahoo/Bloomberg] What to Watch in China’s Economic Data Release With Rate-Cut Calls Mounting

[CNBC] China’s real estate slump predicted to last for years, threatening to spill into the wider region

[Yahoo/Bloomberg] ECB’s €500 Billion Payoff Puts Italian Banks in the Firing Line

[Reuters] Russia's Medvedev says Moscow now has free hand to destroy enemies' undersea communications cables

[Reuters] Belarus starts taking delivery of Russian nuclear weapons

[AP] Leader of Belarus says he wouldn’t hesitate to use Russian nuclear weapons to repel aggression

[CNBC] Saudi Arabia and China are part of a multipolar world order, and their mutual interests are ‘strong and rising,’ minister says

[NYT] Food Prices Rise Even as Inflation Eases, Straining Consumers’ Budgets

[WSJ] Regional Banks Face Years of Trouble

[WSJ] The Fed’s Monetary Policy Tool Kit Needs an Overhaul

[FT] Federal Reserve expected to pause aggressive rate rising campaign

[FT] Inflation taking ‘lot longer’ than hoped to come down, Andrew Bailey says

[FT] China readies for stimulus as economic recovery founders

[FT] Putin sides with Russia’s military in clash with Wagner

[FT] El Niño’s arrival spells out the stark choices on climate

Tuesday Evening Links

[Reuters] US stocks end higher as inflation data cements bets on rate hike pause

[Dow Jones] Treasury 2-year, 10-year yields hit highest since March after May's CPI report

[Yahoo/Bloomberg] Stocks Rise on Bets Fed Is Ready to Take a Break: Markets Wrap

[Yahoo/Bloomberg] Oil Rises as China’s Stimulus Moves Stoke Bets on Higher Demand

[Yahoo/Bloomberg] Bond Market Decrees Inflation Readings Will Let Fed Skip Rate Hike in June

[Yahoo/Bloomberg] US Plans to Buy 12 Million Barrels of Oil for Reserve This Year

[Yahoo/Bloomberg] Kevin McCarthy’s Deal With Republican Rebels Risks US Government Shutdown

[Yahoo/Bloomberg] I-95 Collapse to Lift Prices of East Coast Goods, Buttigieg Warns

[Bloomberg] Yen Carry Traders Cheer on Ueda’s Softly-Softly Approach to BOJ

[FT] Market to Fed: pause pause pause pause pause!

[FT] China rate cut signals possible stimulus for faltering economy

Tuesday Afternoon Links

[Yahoo/Bloomberg] Stocks Rise as Traders Dial Back Fed Bets on CPI: Markets Wrap 

[Reuters] UK gilt sell-off deepens, short-dated bonds at new 15-year low

[Yahoo/Bloomberg] Oil Rebounds Above $69 as China’s Stimulus Stokes Demand Hopes

[Yahoo/Bloomberg] US Inflation Slows, Giving Room for Fed to Pause Rate Hikes

[Yahoo/Bloomberg] The Risk of a US Recession Is Rising. Here’s What That Means for States’ Credit Outlook

[Reuters] Putin ponders a question: Should Russia try to take Kyiv again?

[Reuters] China says US eagerness to engage is an 'illusion'