Fed Governor Bowman did not comment on monetary policy or the economic outlook in his speech on the housing market.

The Fed accepted a total of $1.438 trillion from 97 counterparties in fixed-rate reverse repurchase operations.

US President Biden: The UAW saved the auto industry and made sacrifices.

The U.S. two-year Treasury yield rose slightly, eventually rising 1.3 basis points to 5.144%.

ECB Governing Council member Holzmann said the reduction of the emergency anti-epidemic bond purchase program should be considered as soon as possible.

ECB Governing Council member Holzmann: Potential inflation is extremely sticky.

ECB Governing Council member Holzmann: Monetary policy is working.

ECB Governing Council member Holzmann: The economy may develop unexpectedly for the better.

ECB Governing Council member Holzmann: I would be satisfied if the economy could remain strong while maintaining higher interest rates.

ECB Governing Council member Holzmann: The possibility of further interest rate hikes cannot be ruled out.

ECB Governing Council member Holzmann: Inflation risks remain upward.

ECB Governing Council member Holzmann: It’s not clear yet whether we have reached peak interest rates.

President of the Peruvian Council of Ministers: Peru will issue licenses for nine mining projects before the end of the year and will continue to simplify the mining approval process.

President of the Peruvian Council of Ministers: Peru will produce 2.6 million tons of copper this year.

Court documents show that the U.S. Federal Trade Commission (FTC) asked the court to order any necessary structural, equitable and monetary relief measures in Amazon’s antitrust lawsuit.

According to Politico: Germany will announce temporary border checks with Poland.

U.S. House Speaker McCarthy hopes to meet with U.S. President Biden on border security.

Amazon (AMZN.O): FTC lawsuit "wrong on facts and law, and we look forward to defending in court."

Amazon (AMZN.O): If the U.S. Federal Trade Commission’s (FTC) antitrust lawsuit is successful, the result will be “fewer products for consumers to choose from, higher prices, and slower delivery.”

S&P Emerging Markets Credit Conditions Report: The probability that the U.S. economy will begin a recession in the next 12 months has eased, but remains high.