Dumb Money Price

China’s central bank launches daily overnight reverse repurchase operations, kicking off a revamped liquidity framework that establishes the short-term tool as its primary policy anchor

Gold rebounds to near $3,900 despite inflation worries

Middle East War updates: Iran warns of expanded strikes against US despite progress in talks

Australia’s central bank is poised to raise interest rates for a fifth time this year on Tuesday, intensifying efforts to gain control over inflation that’s among the strongest in the developed world.