Fed's Goolsbee (2027 voter) says the job market is pretty much stable and there's not a lot of evidence the job market is falling apart, CNBC interview
Goolsbee's remarks suggest a cautious Fed stance, indicating stability in the job market which may give them some leeway despite inflation concerns.
The plan for the legal regime of the Strait of Hormuz is being prepared, Tasnim reports
US VP Vance meeting with Qatari PM to discuss negotiations with Iran; Qatar has been running a back channel of mediation between the US and Iran in recent weeks in an attempt to reach an agreement to end the war, via Axios citing a US official
Fed's Goolsbee (2027 voter) says the job market is pretty much stable and there's not a lot of evidence the job market is falling apart, CNBC interview
Vice President Vance is set to meet with Qatar's PM this morning, main focus will be on the Qatar US relationship. But Iran will be among the topics discussed a source familiar tells News Nation
Newsquawk Weekly Economic Calendar 11th - 15th May 2026
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- Inflation has not been great and going the wrong way.
- Not a lot of evidence of job market deterioration.
- Fed has to keep an eye on inflation situation.
- Everything should always be on the table for the Fed.
- Trying to figure out if energy shock will last.
- Not a big fan of using words to jawbone policy decisions.
However, his emphasis on monitoring inflation closely implies potential for policy adjustments if conditions worsen. This balancing act could keep market participants focused on future Fed meetings and their implications for rates and the USD.
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