Kevin Warsh’s big week

Date:

good morning! Andrea Riquier replaces Daniel de Visset. We apologize for the email commotion this newsletter caused. Thank you for continuing reading.

Important Fed meeting

President Donald Trump’s pick to lead the Fed, Kevin Warsh, will likely have to make some unwelcome news after his first meeting this week, as markets expect the central bank’s benchmark interest rate to remain unchanged despite Trump’s consistent calls for lower borrowing costs.

Rachel Barber’s story is here.

How will a ceasefire in Iran affect the economy?

With the United States and Iran agreeing to a framework agreement to end months of war and reopen the Strait of Hormuz, one thing is certain: the cost of living crisis has become a little less acute. But there are still many unanswered questions, especially given the unknowns of this deal, and many financial market and economic observers feel they’ve seen this rodeo before.

Here’s the story.

Is it sudden?

Want to spend less time looking at screens and more time for yourself?

More and more travelers are leaving their phones and laptops behind and seeking destinations without cell service or Wi-Fi. These trips, called “deadzoning,” force people to disconnect from technology and reconnect with themselves, others, and nature, reports Kathleen Wong.

📰 More stories you won’t want to miss 📰

Andrea Rikier covers housing, the economy, financial markets and more for USA TODAY. Daily Money breaks down complex consumer and financial news. Subscribe here.

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