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Federal Reserve's Williams: Stabilizing inflation expectations is crucial.

2026-05-28

Federal Reserve's Williams: Stabilizing inflation expectations is crucial.

Other News
2026-05-28

The Agricultural Development Bank of China (ADBC) has pre-arranged 150 billion yuan in financing ahead of the summer grain purchase season and will reallocate funds as needed to ensure summer-harvest liquidity. ADBC rolled out supporting measures inc

The Agricultural Development Bank of China (ADBC) has pre-arranged 150 billion yuan in financing ahead of the summer grain purchase season and will reallocate funds as needed to ensure summer-harvest liquidity. ADBC rolled out supporting measures including fee cuts and pricing concessions on market-based grain and edible-oil purchase-sale loans and differentiated credit policies to meet diverse borrower needs. It has deployed research teams to Henan, Hubei and other summer-grain provinces to assess local conditions and prices, prepare contingency plans to trigger or withhold minimum procurement prices, and stand ready to support local governments on emergency procurement in areas at risk of disaster-related selling disruptions.
2026-05-28

Global billionaires are trimming positions as equity indices hit record highs. In recent weeks they have sold more than $1bn of stock: a Viessmann heir sold about $750m of Carrier Global shares; Danish magnate Henrik Lind sold roughly $175m of ISS A/

Global billionaires are trimming positions as equity indices hit record highs. In recent weeks they have sold more than $1bn of stock: a Viessmann heir sold about $750m of Carrier Global shares; Danish magnate Henrik Lind sold roughly $175m of ISS A/S stock; and Mineral Resources Ltd. founder Chris Ellison sold about 10% of his holding for A$122.5m (≈$87m), his first reduction in nearly a decade. The transactions signal wealthy private investors locking gains amid an AI-fueled rally and stronger corporate earnings, despite geopolitical volatility. Banks including Goldman Sachs still see upside, though some investors warn valuations look stretched.
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