Good morning. On Fortune’s radar today:
- Fed is breaking Econ 101’s golden rule, BofA warns.
- Markets: “Blown past expectations.”
- U.K.’s Starmer clings on as his MPs revolt.
- Iran vows to make U.S. taxpayers feel the pain.
- Tech bloodbath: 118,000 jobs gone in 2026.
- Forget your office ping-pong — meet the Wimbledon of work.
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The post The Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns appeared first on Fortune.
