Fed's Barkin (2027 voter) says businesses and institutions are less reluctant to make investment and spending decisions after an era of uncertainty
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India’s PM Modi expected to visit Canada in December to sign trade deal, Globe and Mail reports
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Fed's Barkin (2027 voter) says businesses and institutions are less reluctant to make investment and spending decisions after an era of uncertainty
OpenAI introduces GPT-6 Sol and GPT-6 Ultra
US Treasury Secretary Bessent reportedly eyed for Trump's AI czar, reports Semafor
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- Would not yet make an overheating case, but economy is firming and not weakening.
- Many businesses still feel they have pricing power
- Tempering business expectations about inflation may help cool price pressures versus needing to rely on demand destruction
- Banking conditions right now seem very healthy
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