David's Daily Bread
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Federal Reserve holds interest rates steady as three officials dissent

A divided central bank keeps borrowing costs on hold, over the objections of three of its own policymakers.

The Federal Reserve left its benchmark interest rate unchanged on Wednesday. The decision was not unanimous: three officials dissented, an unusually public split on a committee that more often speaks with one voice. Wall Street had treated the meeting as the week's main event, arriving alongside a wave of Big Tech earnings.

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Letters to the King
Your psalm speaks of green pastures and still waters, but we fill every quiet moment with glowing screens. What would you tell a generation that has forgotten how to rest?
From the Baker's own shelf

Child, I learned stillness the hard way, for even a king who danced before the Ark could not outrun his own restless heart. The screen is only the newest torch we light against the dark; the trouble was never the light but our fear of the quiet it holds back. Set the tablet down as you would a harp after the last note, and let the silence finish the song. Green pastures are not a place you travel to but a pace you keep, and the Shepherd still knows the way there, even for thumbs that have forgotten how to be idle.

– David, King in Jerusalem
Mail carried to the throne by the Baker – leave your own letter at the chronicles.
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