Wednesday Evening Links

[Reuters] Global bond markets stabilize, for now, as fiscal storm looms 

[CNBC] Stephen Miran, Trump’s Fed governor nominee, pledges central bank independence

[Yahoo/Reuters] Fed report spotlights strains felt by US businesses, households

[WSJ] Trump Mulls Sending National Guard to New Orleans

[FT] China’s new world order

[FT] Donald Trump’s Fed nominee to pledge ‘independence’ as he seeks Senate confirmation

[FT] Trump to call Putin in ‘next few days’ as Ukraine peace efforts stall

Wednesday Afternoon Links

[CNBC] S&P 500 and Nasdaq rise, led by Alphabet after antitrust ruling: Live updates 

[Yahoo/Bloomberg] Oil Drops on Report OPEC+ Will Consider Fresh Production Boost

[Yahoo/Reuters] US corporate debt market returns in force after market holiday

[Yahoo/Reuters] US job openings decline in July; hiring lackluster

[Yahoo/Reuters] Fed's Waller repeats call for rate cut in September, pace depends on data

[Yahoo/Reuters] Fed's Bostic: Inflation still main concern, though single quarter-point cut likely warranted this year

[Yahoo Finance] Fed hawk Musalem opens the door to possibility of rate cut

[Yahoo/Reuters] BoE's Bailey 'very concerned' about threats to US Fed independence

[Axios] OMB director says Government Accountability Office "shouldn't exist"

[Bloomberg] Summers Says Trump Putting Fed on Verge of ‘Credibility Crisis’

[WSJ] Gramm and Hensarling: Trump, Lisa Cook and the Federal Reserve’s Independence

[WSJ] Bank of England’s Bailey Sees More Doubt About Timing of Next Rate Cut

[FT] BoE’s Bailey warns of ‘serious situation’ at Fed following Trump attacks

[FT] Global bonds rally after poor US economic data