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AXIOS (Neil Irwin) - Nobody's sure where the Federal Reserve is heading

Predicting what the Federal Reserve will do next has become an exercise in trying to game out the tactical instincts of a new chairman who isn't giving the world much to work with. Why it matters: While it's early days in the Kevin Warsh chairmanship, his reaction function — the way he is likely to respond to incoming information about the economy — is a black box. - It means that a wide range of possibilities for interest rate policy this year remain in play — from multiple rate hikes starting in late July, to leaving rates steady indefinitely. - Warsh's policy direction should become clearer once he speaks more publicly and as incoming data sheds light on how quickly the inflationary pressures unleashed by the Iran war will…

Predicting what the Federal Reserve will do next has become an exercise in trying to game out the tactical instincts of a new chairman who isn't giving the world much to work with. Why it matters: While it's early days in the Kevin Warsh chairmanship, his reaction function — the way he is likely to respond to incoming information about the economy — is a black box. - It means that a wide range of possibilities for interest rate policy this year remain in play — from multiple rate hikes starting in late July, to leaving rates steady indefinitely. - Warsh's policy direction should become clearer once he speaks more publicly and as incoming data sheds light on how quickly the inflationary pressures unleashed by the Iran war will…Open

NPR (Juliana Kim) - World Cup fans are missing games after their resale tickets fall through

The ordeal has left fans forced to either miss out on a once-in-a-lifetime opportunity or scramble to find new tickets, often costing more and for worse seats.

The ordeal has left fans forced to either miss out on a once-in-a-lifetime opportunity or scramble to find new tickets, often costing more and for worse seats.Open

NYTIMES (Claire Moses and Jeremie Souteyrat) - In London, You Can Celebrate America’s 250th Birthday From the British Side

Britain may have lost the Revolutionary War, but London still holds the blueprints of the American Revolution. Follow in the founders’ footsteps at these notable places.

NPR (Ruth Sherlock) - Palestinians grieve for a father-to-be shot by Israeli troops the day his son was born

Nayef Samaro, 25, was killed in an Israeli military raid on Nablus, in the occupied West Bank, as he prepared to meet his wife at the hospital for the birth of their first child.

Nayef Samaro, 25, was killed in an Israeli military raid on Nablus, in the occupied West Bank, as he prepared to meet his wife at the hospital for the birth of their first child.Open