Fed's Waller (voter) says Fed policymakers have always been committed to 2% inflation and it is a credible pledge
Russia's Ryabkov says Witkoff and Kushner's visit to Russia is on the agenda, but it is tooe arly to talk about timing
Reported ceasefire violation in Lebanon again, reports Fars News citing sources; Lebanese sources reported an artillery attack by the Israeli occupying army on the town of "Qabreikha" in the Marjayoun region in southern Lebanon.
Fed's Waller (voter) says Fed policymakers have always been committed to 2% inflation and it is a credible pledge
PNC (PNC) raises quarterly dividend 17.5% to USD 2/shr (prev. 1.70)
US sells 3-month bills at high-rate 3.735%, B.C 2.58x; sells 6-month bills at high-rate 3.830%, B/C 3.05x
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.
- Risks have flipped around, the labour market seems stabilised, and inflation has been taking off, which changes how you think about policy.
- Asked about Warsh recommitting to inflation target, says he has never been anything but committed.
- If the Fed's reaction function is not well understood, policymakers need to talk about it.
- Fed will not keep rates down for the purpose of helping US Government finance its deficits.
- Would prefer the inflation target to be set as a range, but changing the target at this point would not be credible.
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%). 14 hours ago
- US EQUITY OPEN: US indices open in the red amid downbeat risk tone after Labor Day holiday15 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week2 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 8 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 escalates1 hour ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)3 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)4 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 packaging5 hours ago
- Newsquawk European Market Wrap - 8th September 202615 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes2 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 weeks5 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 companies8 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective14 hours ago
- Russia's Kremlin says US President Trump and Russian President Putin spoke on the phone; conversation was open and constructive and lasted one hour.14 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 20304 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs6 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL10 hours ago
- US Secretary of State Rubio hoping to wrap up solid trade deals with Colombia, Ecuador, and Peru during visits13 hours ago
- Canada's Trade Minister says Canada is negotiating with Poland to sell nuclear energy tech and LNG14 hours ago
- US Consumer Credit Change (Jul) 18.06B vs. Exp. 11.7B (Prev. 14.56B)10 hours ago
The whole workspace, free to try.
Try it free