Fed's Hammack (2026 voter) sees no imminent need to change the stance of monetary policy in an economy where inflation is still “too high”
Fed's Hammack indicates that with inflation still elevated but showing signs of moderation, there's no immediate need to adjust monetary policy.
A coalition of states is preparing to challenge Nexstar Media Group's (NXST) USD 6.2bln acquisition of Tegna (TGNA) on antitrust grounds, WSJ reports
Iranian army says ready for a long war; we have not yet used all our capabilities
Fed's Hammack (2026 voter) sees no imminent need to change the stance of monetary policy in an economy where inflation is still “too high”
There are no planned measures to mitigate price fluctuations, given that no concrete elements have yet been identified in Brazil, Estadao reports citing sources
US DFC says US insurance plan will focus on hull and machinery, and cargo to start; will only apply to vessels that meet the criteria
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.
- Given the Fed’s need to balance “elevated” inflation and a “softening” job market, these factors joined with rate cuts done last year leave monetary policy “in a good position”.
- Under her base case, thinks policy should be on hold for quite some time as they see evidence that inflation is coming down and the labour market stabilises further.
- It’s easy to envision other scenarios, as well, so she sees two-sided risks to rates.
This suggests that the Fed may remain on hold for a while, which could stabilize expectations around rates and provide support for risk assets. However, her acknowledgment of two-sided risks implies that future shifts in policy are still possible depending on how inflation and the job market evolve.
Related headlines
- Fed's Waller (voter) to support holding policy rate steady at September FOMC meeting if August inflation data shows continued progress2 hours ago
- US EQUITY OPEN: Dovish Waller helps push indices higher although AVGO guidance underwhelms1 hour ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat1 hour ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee3 hours ago
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike1 hour ago
- Fed Governor Waller (Voter) says with CPI and PPI in hand, have a pretty accurate view of PCE inflation2 hours ago
- US President Trump's administration is reportedly ratcheting up its fight to get more oil flowing from California, AP News reports41 min ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran3 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port3 hours ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before3 hours ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass3 hours ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits4 hours ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind5 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates6 hours ago
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages4 hours ago
- US Chicago Fed Labor Market Indicator Final 4.08% (Prev. 4.10%)2 hours ago
- US Trade Balance (Jul) -88.60B vs. Exp. -90B (Prev. -73.30B)2 hours ago
- Nvidia (NVDA) confirms it is to acquire Hugging Face for USD 12.93bln; Hugging Face will remain an open platform2 hours ago
- Campbell's (CPB) Q4 2026 (USD): Adj. EPS 0.39 (exp. 0.40), revenue 2.14bln (exp. 2.15bln). Cuts quarterly dividend to accelerate debt reduction 3 hours ago
- Polestar (PSNY) Q2 2026 (USD): Revenue 727mln (exp. 865mln)3 hours ago
The whole workspace, free to try.
Try it free