Every atomic assertion extracted from the underlying record, ranked by evidence strength.
Christopher Waller said he would support removing the "easing bias" language from the policy statement.
Christopher Waller warned that any increase in inflation expectations over the two- to four-year horizon would be "alarming."
The University of Michigan Consumer Sentiment Index fell to a final reading of 44.8 in May.
One-year inflation expectations edged up to 4.8% from 4.7% in April.
Five-year inflation expectations jumped to 3.9% from 3.5%.
Christopher Waller highlighted inflation expectations over the two- to four-year horizon as a key variable to watch.
The oil pullback reflected growing concerns about demand destruction from elevated oil prices.
The IEA's May Oil Market Report cut 2026 global oil demand to about 104 million barrels/day.
The 2026 global oil demand forecast of 104 million barrels/day is 420k b/d below 2025 actual consumption.
The 2026 global oil demand forecast is 1.3 million b/d below the pre-Iran-war forecast issued before late February.
The May 2026 Consumer Sentiment Index reading of 44.8 is an all-time low.
The May 2026 Consumer Sentiment Index is down from 48.2 earlier in the month.
The May 2026 Consumer Sentiment Index is below market expectations.
Sentiment among Republicans dropped to the lowest level since November 2024.
Sentiment among Democrats was broadly unchanged.
Inflation expectations continued to rise.
Concerns over the cost of living continue to outweigh the positive wealth effect from buoyant equity markets.
Fed Governor Christopher Waller struck a more balanced tone.
Removing the "easing bias" language would make clear that a rate cut is no more likely than a rate increase.
Christopher Waller remained relatively positive on the labour market.
Christopher Waller does not see the prospect of a weakening labour market as the dominant force that should guide monetary policy in the months ahead.
Stagflation concerns continued to build in Europe.
The European Commission expects eurozone growth to slow to 0.9% in 2026.
Eurozone growth was 1.3% in 2025.
Eurozone inflation is forecast to rise to 3.0% in 2026.
Eurozone inflation was 1.9% in 2025.
The 2026 eurozone inflation forecast of 3.0% is well above the ECB's 2% target.
ECB President Christine Lagarde warned finance ministers that if governments loosen fiscal policy too aggressively to cushion the impact of higher energy prices, the ECB would respond with higher interest rates.
The European Commission urged governments to keep fiscal support targeted and temporary.
The European Commission urged governments to focus fiscal support on the most vulnerable groups.
BoJ Governor Kazuo Ueda met Prime Minister Takaichi on Friday.
Kazuo Ueda explained the central bank's basic thinking on monetary policy.
Kazuo Ueda and Takaichi did not discuss the possibility of a June rate hike.
The SGD SORA OIS curve traded lower Friday.
Shorter tenors of the SGD SORA OIS curve traded 2-3bps lower.
Belly tenors and 10Y of the SGD SORA OIS curve traded 3-4bps lower.
Flows in SGD corporates were light.
Flows were seen in AAREIT 4.7%-PERP.
US Investment Grade spreads tightened 1bps to 72bps.
US High Yield spreads tightened by 7bps to 260bps.
Bloomberg Global Contingent Capital Index tightened by 4bps to 222bps.
Bloomberg Asia USD Investment Grade spreads traded flat at 52bps.
Asia USD High Yield spreads tightened by 6bps to 377bps.
Mapletree Industrial Trust (MINTSP) announced the proposed divestment of 2000 Kubach Road, Philadelphia, Pennsylvania.
The property at 2000 Kubach Road is being sold for USD14.5mn.
The property's valuation on 31 March 2026 was USD13.9mn.
The property is a data centre.
The lease for the data centre expired on 31 December 2024.
Net proceeds from the divestment may be used to pare down debts.
Net proceeds from the divestment may be used to fund working capital requirements.
Woodside Energy Group Ltd (WDSAU) is increasingly likely to exercise its pre-emptive rights to block PetroChina's sale of its 10.67%-stake in the Browse Project to Inpex.
PetroChina bought the 10.67%-stake in the Browse Project for AUD1.6bn in December 2012.
Woodside Energy Group Ltd (WDSAU) is expected to match Inpex's offer if it exercises its pre-emptive rights.
The Browse project is Australia's largest undeveloped gas resources.
The total development cost for the Browse Project is estimated at ~AUD48.7bn.
Woodside Energy Group Ltd (WDSAU) holds a 30.6%-interest in the Browse Project.
Increasing Woodside Energy Group Ltd's (WDSAU) stake would increase its incentive to see the project through to final investment decision.
Julius Baer Group Ltd (BAERVX) reported its strongest start to a year on record for the four months ended 30 April 2026 ("4M2026").
Julius Baer Group Ltd (BAERVX) reported record assets under management (AuM).
Julius Baer Group Ltd (BAERVX) reported a significant rise in client activity.