U.S. Internal Revenue Service (IRS) failed to follow relevant review standards in a case involving a $384 million penalty.

The U.S. Supreme Court barred President Trump from removing Fed governor Cook, reaffirming congressional statutory protections for Fed governors. The decision limits the president’s ability to reshuffle the Board as a tool to pressure policy and gives institutional cover for the Fed chair appointed in May to lead with greater independence. Investment manager Mark Spindel warned that permitting removals for tenuous reasons and replacing governors with loyalists would undermine the chair’s ability to focus on Fed policy goals. The ruling does not eliminate presidential leverage; future Fed independence will hinge on how Trump treats his appointee and whether the Court’s 5-4 decision stands in later cases.

巴西央行調查：經濟學家預計2026年IPCA年度通脹指數將達5.33%，與此前預測持平。預計2027年IPCA年度通脹指數將達4.17%，高於此前預測的4.15%。