‘Mutiny, if need be’: At the Fed, ‘Warsh can suppress dissent only so much,’ over credibility-testing interest rate decision, Macquarie says

Photo: Kevin Warsh (Credit: Brendan SMIALOWSKI—AFP/Getty Images)

Good morning. On Fortune’s radar today:

• At the Fed, some on Wall Street expect “mutiny.”
• Hamas agrees to disarm.
• Markets: Risk-on, everywhere!
• Chart: We’re using a lot less oil.
• Thank retirees for keeping unemployment down.
• Love Island winners are becoming more boring because of inflation .

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