Headlines May 11

In Tel Aviv, Rocket sirens sound and sounds of explosions heard, according to a witness.

SEC urges vigilance on funds with exposure to Bitcoin futures.

Fed's Bullard: I think inflation would be 2.5% to 3% in 2021, and 2.5% in 2022.

ECB's Knot: There is no case for a fundamentally different inflation forecast.

Fed's Brainard: Supply & demand bottlenecks, as well as the Colonial Pipeline disruption, adds uncertainty to the inflation dynamics.
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Fed's Harker forecasts 2.3% headline inflation for 2021, with core inflation at 2%.