Fed’s Schmid (2028 voter) says monpol is not very restrictive right now, and officials may need to weigh how to make it more restrictive
Ukraine military says it struck Russian oil refinery in Volgograd region and struck Russian oil pumping station in Yaroslavl region
India's Government says Odisha Government signs pact with Intel (INTC) and 3DGS USA for facility
Fed’s Schmid (2028 voter) says monpol is not very restrictive right now, and officials may need to weigh how to make it more restrictive
International Flavors & Fragrances (IFF) confirms sale of its food unit to CVC for approximately USD 4.3bln
US FDA grants breakthrough designation for Merck's (MRK) Calderasib
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- Says Fed could use the balance sheet to create policy restriction
- Says Fed has optionality to move rates up or down.
- If the war resolved, oil prices should fall. There is time to see how the war impacts the economy.
- The Fed's job is hard right now due to global circumstances.
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