The CDC has updated its guidance on autism and vaccines, shifting from assurances of no link to acknowledging scientific research has not definitively ruled out a connection, citing the need for comprehensive assessment amid political pressures and nomination considerations.
Kevin Warsh confirmed as Fed Chair with 54-45 vote, faces challenge of balancing inflation control with President Trump's demand to lower interest rates amidst rising inflation driven by the US-Israel war in Iran and oil price spikes.
Kevin Warsh told the Senate Banking Committee he would work with the US Treasury to reduce the Federal Reserve's balance sheet, marking a shift from the Fed's role as a global central bank supplying unlimited liquidity to a tighter monetary approach focused on domestic productivity and monetary sovereignty. CICC analysts noted expectations of abundant US dollar liquidity may be revised, warning assets reliant on liquidity-driven gains could face headwinds. Citic Securities said implementation would likely be gradual if launched in the second half of the year.
