Chris Phelan, an adviser at the Federal Reserve Bank of Minneapolis, is the front-runner to be tapped as President Donald Trump’s new chief economist, according to Politico citing sources
The news that Chris Phelan is a front-runner for the chief economist position signals a potential shift in economic policy direction under the Trump administration, especially regarding the Federal Reserve's stance.
UAE foreign ministry spox. will seek clarifications on terms of ceasefire agreement between US/Iran with clarifications to ensure Iran's full compliance to immediate cessation of all attacks in the region and unconditional reopening of Strait of Hormuz
Centers for Medicare and Medicaid Services (CMS) is preparing states for an upcoming change; will limit the ability to claim federal matching funds for Medicaid and the Children's Health Insurance Program for non-US citizens or non-US nationals
Chris Phelan, an adviser at the Federal Reserve Bank of Minneapolis, is the front-runner to be tapped as President Donald Trump’s new chief economist, according to Politico citing sources
FOMC MINUTES: Almost all supported keeping the federal funds target range at 3.50-3.75% at this meeting
Israel Military Spox says area south of Litani is disconnected from Lebanon
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Market participants will be watching closely to see if this indicates a more hawkish or dovish bias in future rate decisions, which could affect USD dynamics and broader market sentiment across fixed income and equities.
Related headlines
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 12 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates5 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging8 hours ago
- US FX WRAP: Dollar little changed as markets await US CPI/PPI12 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks9 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs10 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies12 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week5 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes6 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL13 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20307 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)7 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes1 hour ago
- Newsquawk Daily European Equity Opening News - 9th September 20262 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest1 hour ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)8 hours ago
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes1 hour ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war5 hours ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 5 TICKS LOWER AT 107-1013 hours ago
- US Consumer Credit Change (Jul) 18.06B vs. Exp. 11.7B (Prev. 14.56B)13 hours ago
The whole workspace, free to try.
Try it free