WSJ's Timiraos writes Fed Chair Warsh overhauls how the Fed talks and keeps the markets guessing on rates

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China EV sales surpassed combustion vehicles for the first time in April with data showing 580k electric vehicles vs 560k combustion vehicles registrations

[CALENDAR ADDITION] BoJ Deputy Governor Himino will deliver half-year report to the National Diet on Friday, 19th June

WSJ's Timiraos writes Fed Chair Warsh overhauls how the Fed talks and keeps the markets guessing on rates

Israeli military operations continue in Lebanon despite the MoU, while Israel opposes Lebanon ceasefire terms in the US-Iran agreement, according to Al Jazeera

PBoC injects CNY 248bln via 7-day reverse repos with rate maintained at 1.40%

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"Warsh stripped away the central bank’s policy hints and committed to bringing inflation down—but wouldn’t say what that will take".

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