Fed's Barkin (2026 voter) says today the economy has two engines: AI and the rich; hard to put weight on data in past three months
Barkin's comments suggest a nuanced view of the economy, emphasizing dependency on emerging factors like AI and wealth concentration rather than traditional data metrics.
Spanish PM Sanchez says they will create a sovereign fund to extend the impulse of Europe next generation funds beyond 2026; sovereign fund will draw EUR 10.5bln from EU funds and EUR 120bln through private debt
Netflix (NFLX) and Sony (SONY) have reached a new agreement that would bring films such as "Spider-Man: Beyond the Spider-Verse" to Netflix after they play in cinemas
Fed's Barkin (2026 voter) says today the economy has two engines: AI and the rich; hard to put weight on data in past three months
US Trade Advisor Navarro criticises Ford (F) and BYD (002594 CH) battery deal talks in a post on X
Fitch says 10% US credit card APR cap would materially reduce ABS loss cushion
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.
This can signal a potential caution from the Fed regarding rate policy, indicating they might look past recent data volatility and consider broader, structural trends. Consequently, this could shift market expectations for future rate adjustments and influence sentiment across USD and fixed income markets.
Related headlines
- EUROPEAN OPEN: AZN LN breast cancer trial missed endpoints; GSK LN ARTEMIS-008 trial met endpoint; HSBC prepares CFO search; ENX FP open to DB1 GY merger/tie-up; OR FP sued by Arizona over hair relaxer risks; STLAM IM plans EUR 1bln+ French van investment11 hours ago
- US EQUITY OPEN: Stocks lower at the open as chip and memory names tumble on calls to slowdown AI development5 hours ago
- [MARKET ANALYSIS] USTs move higher whilst Bunds and Gilts are pressured by elevated energy prices9 hours ago
- [MARKET ANALYSIS] European bourses mixed, while Semis slide as Anthropic pushes for slower AI development10 hours ago
- [MARKET ANALYSIS] Crude benchmarks bid on Saudi shutting a key pipeline and the postponement of Iran-Gulf talks on the Strait10 hours ago
- [MARKET ANALYSIS] DXY stronger on Fed rate hike bets and higher energy prices; JPY underperforms10 hours ago
- [MARKET ANALYSIS] DXY is marginally higher but with upside capped ahead of key central bank rate decisions this week16 hours ago
- Goldman Sachs forecasts the Fed to hike rates at its meeting this week versus a prior forecast of no change16 hours ago
- Newsquawk Daily European Equity Opening News - 14th September 202613 hours ago
- US President Trump says "AI taking over the World, destroying Humanity, and all other things bad, is a HOAX"1 hour ago
- US President Trump says "The only control or “guardrails” that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that,"5 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.34 HIGHER AT 101.39/BBL; BRENT (X6) SETTLES USD 1.07 HIGHER AT 105.68/BBL28 min ago
- US President Trump reiterates the USD 5,000 Trump dividend will happen1 hour ago
- [MARKET UPDATE]: Geopolitical risk-on trade seen after reports US seeks "step-by-step" agreement with Iran; downside in Dollar and oil, with upside in stocks, Treasuries, and spot gold2 hours ago
- US President Trump says he hopes everyone realizes that price increases throughout America were caused by Biden and the Biden Admin, not by “TRUMP”2 hours ago
- US President Trump says he's just received a report that the US is producing more Exquisite and Elite Weapons than at any time in our History. They are being delivered on a daily basis to our Forces in the Middle East, and beyond2 hours ago
- Iran has repeatedly stated that it does not want to negotiate an agreement with the US, reports Tasnim; adds Trump once again claimed that Iran wants to reach an agreement quickly3 hours ago
- US President Trump says Iran wants to make a deal, quickly and badly. I will determine whether or not the U.S.A. will choose to engage - The concept of which we are open to.3 hours ago
- US President Trump says the only reason the AI/Data Center outburst is happening is because the United States is leading, by a lot, every other country. Don’t kill the Golden Goose!3 hours ago
- US President Trump says Ukraine has agreed not to hit Russian Energy targets. Russia has agreed to do, likewise!3 hours ago
The whole workspace, free to try.
Try it free