Fed's Waller (voter) says compared to 70's shock, central bankers understand importance of inflation expectations
Waller's remarks indicate a proactive stance from the Fed in managing inflation expectations, especially when compared to historic shocks in the 1970s.
CRUDE WRAP: WTI (M6) SETTLES USD 10.84 LOWER AT USD 83.85/BBL; BRENT (M6) SETTLES USD 9.01 AT 90.38/BBL
US sanctions seven Iran-backed Iraqi militia leaders;
Fed's Waller (voter) says compared to 70's shock, central bankers understand importance of inflation expectations
US President Trump says Iran has agreed to everything, and will work with US to remove enriched Uranium from Iran, via CBS News; insisted that doing so will not involve US ground troops
Iranian parliament's National Security Committee told Al Jazeera: "We will not allow uranium to be taken out of Iran, and American statements on social media differ from reality."
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.
- Some of the low-hire and low-fire job market is related to firms dealing with tariffs.
- Not worried dollar losing reserve status, still trusted by others.
- Private credit is not a big sector of financial markets.
- Does not see systemic risks coming from private credit so far.
- Private credit can't suffer runs like a bank can, reduces risk.
His comments about the labor market and private credit suggest confidence in the current economic landscape, which could bolster market sentiment towards the dollar and influence rates. Traders should assess how this dovish positioning against inflation may impact Fed policy signals and dollar performance moving forward.
Related headlines
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes6 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week11 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest6 hours 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 escalates10 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)12 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)13 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 packaging13 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent4 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened4 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes11 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 weeks14 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/bbl4 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 reports1 hour ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal4 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 203012 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement4 hours ago
- Alcoa (AA) files to sell USD 2.6bln senior unsecured notes due 2034 and 2036 with the funds to finance the South32 deal1 hour ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture2 hours ago
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes6 hours ago
- OpenAI is reportedly projecting compute spending of c. USD 750bln through 2030 but still feels "really short" on computing power, NYT reports1 hour ago
The whole workspace, free to try.
Try it free