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Fed's Musalem (2028 voter) says looks like the Fed policy is at or below long run neutral; thought in April the easing bias in the statement was no longer consistent, Bloomberg TV interview

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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Fed's Musalem (2028 voter) says looks like the Fed policy is at or below long run neutral; thought in April the easing bias in the statement was no longer consistent, Bloomberg TV interview

The EU is planning a rebooted Chips Act 2.0 requiring EUR 120bln in public-private investment by 2035, according to Bloomberg

Eli Lilly (LLY) is to present new data on Foundayo, Mounjaro and retatrutide at the American Diabetes Association's 86th Scientific Sessions

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  • Whether Fed hike, cut or hold is necessary will depends on what happens with the economy.
  • Reducing the banking system demand for reserves would be a smoother path towards a smaller balance sheet rather than shrinking supply side.

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