Dimon warns US bond market will ‘crack’ under pressure from rising debt
JPMorgan Chase chief calls on Trump administration to set country on better fiscal path
Economic news
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Ukraine to miss payment on GDP-linked debt
Default will not have wider implications for country’s bonds
US stock rally faces some stiff tests
Donald Trump’s ‘big, beautiful’ budget bill could make or break the market trend
Reform UK starts accepting donations in crypto
Rightwing party says cryptocurrencies will be allowed as a form of tax payment if it wins power
Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.
German inflation eases to hotter-than-expected 2.1% in May
Economists polled by Reuters had expected the German harmonized consumer price index to come in at 2%.