Temperatures neared 40 degrees Celsius (104 degrees Fahrenheit), prompting nationwide warnings, transport disruptions and signs of strain on wildlife and at tourist hotspots.
Hi there. Kevin Warsh wants the Fed to talk less. He’s already jettisoned forward guidance – signals about what the U.S. central bank might do next – and cut back the policy statement. There will be more changes. He has kicked off a new era as Fed chair with a sweeping review of how the central bank makes decisions and communicates.