Fed's Schmid (2028 voter, Hawk) says inflation is the more salient risk for the Fed; can't be complacent about inflation expectations
Fed's Schmid emphasizes the persistent risk of inflation, suggesting a need for continued policy actions to stabilize inflation expectations.
Anthropic's coding agent source code exposed in leak, according to The Information
NY Fed RRP op demand at 15.78bln (prev. 0.75bln) across 12 counterparties (prev. 5) on March 31st
Fed's Schmid (2028 voter, Hawk) says inflation is the more salient risk for the Fed; can't be complacent about inflation expectations
The leaders of Japan and France are poised to agree Wednesday to create a roadmap for diversifying supplies of rare earths and other critical minerals, Nikkei has learned.
Bloomberg reports Iran President Reiterates Iran's demands on ending the war
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.
- There is a real risk that inflation will get stuck closer to 3%.
- Fed must follow through with policy actions to validate stable medium- and long-term inflation expectations
- US economic tailwinds include solid demand momentum, productivity gains, relatively low unemployment
- Can't assume inflation from higher oil prices will be transitory
- Expect 'modest drag' on economic growth from sustained higher oil prices
- US economic resilience should not be underestimated
- Higher energy prices will increase inflation, including core inflation
This hawkish stance implies that traders should remain alert to potential rate hikes and consider how adjustments in monetary policy may influence the USD and broader markets, especially in the context of elevated energy prices affecting core inflation.
Related headlines
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 6 hours ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT4 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight4 hours ago
- Newsqawk European Market Wrap - 9th September 20266 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent11 hours ago
- Primer: US PPI due Thursday 10th September at 13:30BST/08:30EDT31 min ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer2 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"4 hours ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim57 min ago
- Trump admin official says buyback increase of part of ongoing approach, reports Fox Business5 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports8 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL2 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election2 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement11 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/bbl11 hours ago
- Updated Treasury Buyback Schedule: Maintains guidance from announcement that long dated buyback operations will be at least USD 4bln5 hours ago
- [MARKET UPDATE]: Yields rise, supporting the Dollar, weighing on stocks and spot gold after US Treasury announces it will buy a maximum USD 6bln in 10-20yr liquidity support buyback op. on Thursday5 hours ago
- Alcoa (AA) files to sell USD 2.6bln senior unsecured notes due 2034 and 2036 with the funds to finance the South32 deal8 hours ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture9 hours ago
- Enbridge (ENB) to buy Tallgrass crude business for USD 2.55bln in cash21 min ago
The whole workspace, free to try.
Try it free