Fed's Goolsbee (2027 Voter) voiced concern about how long the Iran war will last, and more rate cuts in 2026 are unlikely without disinflation
Goolsbee’s comments suggest a cautious stance from the Fed regarding rate cuts, highlighting the potential impact of prolonged geopolitical tensions and supply shocks on inflation.
FCC commissioner Carr says are open to Amazon (AMZN) Globalstar (GSAT) deal and look forward to reviewing it; consumer seems like a big winner with another healthy competitor
Canadian PM Carney says an early election will not be called
Fed's Goolsbee (2027 Voter) voiced concern about how long the Iran war will last, and more rate cuts in 2026 are unlikely without disinflation
US President Trump and Indian PM Modi reportedly spoke on the phone, NDTV reports; reportedly spoke for nearly 40 minutes
Wells Fargo (WFC) CEO says layoff activity remains contained, outlook for investment banking remains strong and have entered Q2 with a strong pipeline driven by M&A and equity capital markets
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Fed does not normally tighten into a supply shock.
- Inflation expectations are anchored so far.
- If gas gets to USD 5 and stays there for months, inflation expectations could get unanchored.
His emphasis on the need for disinflation before considering further cuts aligns with maintaining stable inflation expectations; if energy prices surge significantly, it could jeopardize this stability, implying that the Fed is closely monitoring both inflation dynamics and external pressures. This sentiment may affect market pricing for future Fed rate movements and can lead to increased volatility in related assets such as USD and energy commodities.
Related headlines
- Newsquawk Daily Asia-Pac Opening News - 9th September 202612 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 13 hours ago
- US FX WRAP: Dollar little changed as markets await US CPI/PPI14 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates6 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging10 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week7 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent41 min ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes2 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks10 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies13 hours ago
- [MARKET UPDATE] Fresh lows across fixed income and equity futures as energy prices continue to climb; Brent Nov remains north of USD 100/bbl35 min ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened56 min ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal1 hour ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes7 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs11 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest2 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)8 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)9 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement48 min ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 5 TICKS LOWER AT 107-1014 hours ago
The whole workspace, free to try.
Try it free