Fed's Goolsbee (2027 voter) says June CPI inflation was surprisingly benign and that was nice, but never want to overreact to one month; if got several months like this, would feel better
Newsquawk Staff ·
- At least today, services inflation was encouraging.
- If got PCE versions of inflation that looked like CPI for several months, would be feeling a lot better.
- Job market is stable without being good.
- New Zealand CPI (Q3 QQ) 0.7% vs. Exp. 0.8% (Prev. 1.5%); Y/Y 3.7% vs Exp. 3.8% (Prev. 4.1%)
- US Market Wrap: Stocks gain as tech earnings begin
- Canadian PM Carney says he spoke to US President Trump on Wednesday for quite some time; he discussed a wide range of issues with US President Trump, including Iran
- Newsquawk European Market Wrap - 21st October 2026
- Canadian PM Carney is expected to announce tariff support measures for the steel and automotive sectors
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