Federal Reserve Chair Jerome Powell aims to try and on Tuesday expressed confidence that the central bank will aggressively persist in its quest to resolve its biggest inflation challenge in four decades.

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* Finland and Sweden formally apply to join NATO
* Fed Chair Powell says central bank will keep raising rates until inflation cools
* Europe in race against winter to find replacements for Russian energy
* Key climate change indicators set new record highs in 2021, UN reports
* Consumer inflation in Britain rises to 40-year high: 9% annual rate in April
* Central banks are on the hunt to estimate neutral rates to fight inflation
* UK may change trade rules with Northern Ireland, risking trade war with EU
* US industrial output rose in April, beating expectations
* Homebuilder sentiment in US falls to 2-year low in May
* US retail sales rose for a fourth straight month in April: