Fed's Barkin (2027 voter) says he takes encouragement from recent job growth, not hard to imagine possible job losses due to AI.
Iran Foreign Minister Spox. says the focus of the negotiations is on ending the war on all fronts, including Lebanon, and that the claims made in the media about nuclear issues, including enriched materials or the enrichment debate, are speculation
A high-level source familiar with the matter: The Iranian Supreme Leader's final decision is not to hand over the enriched uranium to Washington, via Al Hadath
Fed's Barkin (2027 voter) says he takes encouragement from recent job growth, not hard to imagine possible job losses due to AI.
The US has depleted much of its inventory of advanced missile-defense interceptors after expending far more high-end munitions defending Israel than Israeli forces used themselves, per DOD assessments of Operation Epic Fury; WaPo reports
[MARKET UPDATE] Stocks and bonds jump while oil and dollar dump after ILNA posts Al Arabiya TV report about final draft of US-Iran agreement being reached
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- Nervous about the tails on both sides of the mandate.
- Employers outside of software are not yet reducing headcount due to AI.
- Longer-term bond-market-based inflation expectations do not look like it has broken out.
- Not leaning towards overly focusing on risks to inflation or employment.
- Does not feel like today is a time for strong forward guidance.
- Hard to reach conclusions on short- vs long-term effects of AI.
- Bond yields are still in a reasonable zone.
- Wonders if balance between supply and demand in long-term Treasury market has shifted given amount of U.S. supply.
- Businesses today are much less confident about their ability to raise consumer prices to recoup costs.
- Talked to Warsh on Tuesday but just to get acquainted; trusts him as a leader.
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