Central banks are staring down a pivotal moment for global monetary policy as they grapple with a growing list of risks. , Kevin Warsh will need to find a way to navigate the central bank’s policy path amidst a combination of higher energy prices and a surprisingly strong US jobs report. Meanwhile in Europe, the ECB and BOE face the prospect of secondary effects due to the war in Iran and a sluggish growth outlook.
Rolling coverage of SpaceX’s record-breaking initial public offeringGood morning. Elon Musk’s SpaceX will touch down on the US stock market today after successfully conducting a record-breaking initial public offering, but will its shares head towards the moon?Shares in the rockets-to-satellites-to-AI company will begin trading in Wall Street today, after SpaceX raised $75bn through its IPO.7am BST: UK GDP report for April2.30pm BST: US stock market trading begins3pm BST: University of...