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  1. If economic conditions slow more abruptly than the Fed expects, it will need to respond more nimbly to softening in 2022 than it did to strengthening in 2021.
  2. U.S. stocks are mostly lower early Thursday, following the worst slide in close to two years for the S&P 500.
  3. Square-parent Block Inc. didn’t offer long-term margin guidance at its recent investor day, but analysts largely found things to like in the company’s latest discussion of its business.
  4. A May outbreak of monkeypox, a rare disease mostly seen in Africa, has found at least one European country stocking up on supplies from Danish biotech company.
  5. The next few months could be ugly if inflation fails to drop to tolerable levels.