Venezuela’s economic and humanitarian situation is “quite fragile,” the International Monetary Fund said on Thursday, adding that it was seeing inflation estimated to be in the triple digits and a rapid depreciation of the currency. Source: reuters.com

Federal Reserve governor Stephen Miran dialed back his calls for how deeply the Fed should cut rates this year, telling an interviewer that recent data have reflected a stronger economy than he had expected. Source: wsj.com

Source: pbs.org

The combination is drawing comparisons to the infamous “jobless recovery” of the early 2000s that followed the tech bubble and collapse. Source: detroitnews.com

You were right all along: companies are intentionally putting you on hold longer so you just give up Source: fortune.com

The call by a top Trump administration official for New York Federal Reserve staff to “be disciplined” for recent research on tariffs was just the latest move by the administration to undermine the independence of the central bank, Minneapolis Fed president Neel Kashkari said on Thursday. Source: reuters.com