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Spot silver rose more than 1.00% on the day, currently trading at $70.67 per ounce.

2026-06-16

Spot silver rose more than 1.00% on the day, currently trading at $70.67 per ounce.

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2026-06-16

WeChat Licaitong (demand deposit + 7-day annualized) yields ranged between 0.7030% and 1.4500%. WeChat Wallet Lingqian Tong 7-day annualized yields ranged 1.0000%–1.0230%. Alipay Yu'e Bao 7-day annualized yields ranged 1.0000%–1.0210%.

WeChat Licaitong (demand deposit + 7-day annualized) yields ranged between 0.7030% and 1.4500%. WeChat Wallet Lingqian Tong 7-day annualized yields ranged 1.0000%–1.0230%. Alipay Yu'e Bao 7-day annualized yields ranged 1.0000%–1.0210%.
2026-06-16

Kevin Warsh, a Fed governor from 2006–11 long seen as hawkish, has as a Fed chair nominee signaled support for lower borrowing costs and suggested AI-driven Productivity gains and balance-sheet runoff could help restrain inflation. Darius Dale, found

Kevin Warsh, a Fed governor from 2006–11 long seen as hawkish, has as a Fed chair nominee signaled support for lower borrowing costs and suggested AI-driven Productivity gains and balance-sheet runoff could help restrain inflation. Darius Dale, founder and CEO of 42 Macro, said Warsh's true "reaction function" is unknown and how receptive FOMC colleagues will be to his views is an open question; Warsh told senators the Fed had "failed to deliver," has publicly criticized the institution, and his intellectual ties to Stanley Druckenmiller and the late Milton Friedman — whose views diverge sharply from current FOMC members — mean he may raise topics not heard at the Fed for decades, potentially complicating intra-FOMC coordination.
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