Five Things You Need to Know to Start Your Day

Good morning. The Fed’s fight against inflation, the state of China’s economy and WeWork files for bankruptcy. Here’s what people are talking about.

Too Soon

Federal Reserve Bank of Minneapolis President Neel Kashkari said it’s too soon to declare victory over inflation, despite positive signs that price pressures are easing. “We need to let the data keep coming to us to see if we really have got the inflation genie back in the bottle so to speak,” Kashkari said Monday in an interview on Fox News. Meanwhile, a Fed survey of lending officers released Monday shows that tight lending standards and weak demand for loans in ...