Fed's Musalem (2028 voter) says US monetary policy 'well positioned,' should hold in place 'for some time'; Monetary policy is currently at the low end of the neutral range
Musalem's comments suggest a nuanced stance from the Fed, indicating that while current monetary policy is stable, there are elevated risks from war shocks and supply issues that could affect inflation and economic growth.
US President Trump ahead of speech this evening, says 'we've had full regime change' in Iran, according to Reuters interview
US President Trump posts "Wow! Congratulations to Nissan (7201 JT), and Christian Meunier, Americas Chairman, on the tremendous success they are having in the U.S. They have moved most of their production to our great Country, largely because of Tariffs"
Fed's Musalem (2028 voter) says US monetary policy 'well positioned,' should hold in place 'for some time'; Monetary policy is currently at the low end of the neutral range
Amazon's (AMZN) AI chat ads yield data but few sales, The Information reports
Intel (INTC) to pay USD 14.2bln to buy back Apollo's (APO) Ireland plant stake
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.
- War shocks have increased risks to the economy and inflation.
- Can see scenarios to both raise and cut interest rates.
- Supply shocks carry greater inflation risks in the current environment.
- He is cautious about looking through the impact of energy shocks.
- Tariffs are still an inflation driver, but their impact should wane.
- The economic outlook is highly uncertain.
- The baseline case sees good growth, moderating inflation, and stable unemployment.
- He sees unfavourable risks for both inflation and jobs.
- Financial conditions are broadly accommodative.
- He does not see broad stress from private credit issues.
- Will take some time to bring back damaged infrastructure back online.
His acknowledgment of both upside and downside scenarios for interest rates points to a careful balancing act ahead, as uncertainty remains high. This insight may lead traders to reassess expectations for future rate hikes or cuts, especially in light of the broader economic challenges.
Related headlines
- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 17 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes1 hour ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week5 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 11 hours ago
- US FX WRAP: Dollar little changed as markets await US CPI/PPI12 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest55 min 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 escalates5 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)7 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)7 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 packaging8 hours ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 5 TICKS LOWER AT 107-1012 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 weeks9 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 companies11 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective17 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes5 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20307 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs10 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL13 hours ago
- US Secretary of State Rubio hoping to wrap up solid trade deals with Colombia, Ecuador, and Peru during visits17 hours ago
- Canada's Trade Minister says Canada is negotiating with Poland to sell nuclear energy tech and LNG17 hours ago
The whole workspace, free to try.
Try it free