Fed chair Kevin Warsh said the working group's appointees should be those currently in attendance.

TikTok plans to cut about 300 jobs in Dublin as part of a restructuring that will also create new roles.

Fed chair Kevin Warsh declined to say whether the Fed will raise rates at its July meeting, saying he expects a vigorous internal debate when policymakers meet in four weeks and that he had no further information to disclose. He made the remarks at the ECB annual policy seminar in Sintra, his first public appearance since last month’s Fed press conference. Investors have lifted expectations for additional hikes since that press conference, but market-implied probability of a July rate move remains below 50%.