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PRIMER - Today’s Fedspeak includes: Barkin, Goolsbee

Newsquawk StaffPublished On the live feed at — 3 more headlines followed before this page went public
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Paris Appeals Court finds Airbus (AIR FP) and Air France KLM (AF FP) guilty of corporate manslaughter in the 2009 Rio-Paris plane crash

Stellantis (STLAM IM) targets 8-10% adj. operating return in North America by 2030

PRIMER - Today’s Fedspeak includes: Barkin, Goolsbee

UBS raises September forecasts by USD 10/bbl to USD 105/bbl for Brent and USD 97/bbl for WTI; if supply disruption lasts longer, oil prices could overshoot in the short term in order to trigger significant demand destruction

Since last night, 30 ship owners and captains have been coordinating with the IRGC Navy to pass through the Strait of Hormuz.

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  • 16:20BST/11:20EDT: Fed’s Goolsbee (2027 voter) will give a radio interview. Speaking earlier in the week, Goolsbee said inflation is too high and must be front of mind when incoming Chair Warsh starts his term. He said the job market is stable, but cutting rates too much would ignite inflation further.
  • 17:20BST/12:20EDT: Fed’s Barkin (2027 voter) speaks on the economic outlook. Speaking in early May, Barkin said the Fed will go meeting-by-meeting and assess how long higher gas prices last. He said recent inflation data raised doubts over whether the inflation fight is finished. He added that employment data was reassuring, and policy remains modestly restrictive, while demand remains healthy.

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