Fed chair Kevin Warsh said the working group's remit includes communications and the balance sheet; data sources, productivity and employment; and the inf framework.

JP Morgan's global head of fixed income Michelle said Fed chair Kevin Warsh is bound to disappoint Trump.

Shandong province launched province-level trade-in subsidies for eight consumer-goods categories effective June 18, 2026, running through Dec. 31, 2026. The plan, issued by the provincial commerce department and four other departments, aims to improve implementation quality and meet diversified consumer demand. Covered categories: robot vacuum cleaners (including floor-washers), exoskeleton walking-assist robots, smart toilets, range hoods, household gas stoves (including integrated stoves), water purifiers, dishwashers and hearing aids.