Trump reiterated his astonishing promise: to reduce drug prices by 1,500%! Copper and potash will be included in the list of key US minerals, Federal Reserve Logan said there is still room to shrink its balance sheet, and Intel warned that government holdings pose risks. What major events happened around the world last night and this morning?
Federal Reserve Logan: If the labor market remains strong, better inflation data doesn't necessarily mean the Federal Reserve can cut interest rates.
Federal Reserve Logan: Seeing a significant risk that inflation could persist above 2%, there are still "significant uncertainties" in the economic outlook.