Fed's Goolsbee (2027 Voter) reiterates that services inflation has accelerated over the past few months, complicating the argument that elevated inflation is only tariff driven
Newsquawk Staff ·
- Further rate cuts may need to wait.
- Problems have been on the inflation side. Employment and growth are both relatively stable. The primary driver for growth has been consumer spending.
- Data centre activity looks like traditional economic overheating.
- Daily US Equity Opening News - NVDA board considers CEO ouster after fresh affair allegations; Hon Hai Q3 net profit beat; CRWV slides on USD 4bln financing report; CTVA down on guidance cut; PFE & BX agree USD 1.5bln obesity co-funding
- EUROPEAN OPEN: NVDA falls amid further CEO allegations; Hon Hai Q3 profit tops expectations; SIE GY Q4 revenue beat, confirms SHL GY distribution; RR/ LN announces GBP 1.5bln buyback; MRK GY raises FY26 revenue & EBITDA view; HLAG GY lifts EBITDA guidance
- Newsquawk Daily European Equity Opening News - 12th November 2026
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- [MARKET ANALYSIS] Dollar holds on to recent spoils after extending on advances yesterday amid a lack of fresh catalysts on Veterans Day
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