PRIMER - Today’s Fedspeak includes: Hammack
Newsquawk Staff ·
- 13:30BST/08:30EDT: Fed’s Hammack (2026 voter, hawk) will give remarks on policy. Speaking in mid-May, Hammack said businesses are concerned an inflationary mindset is becoming entrenched, and that policymakers must keep an open mind on the next move given uncertainty. She said rates should stay on hold for quite some time, price pressures are worrying, higher gasoline prices are weighing on consumers, and inflation expectations remain “pretty-well” anchored. NOTE: Hammack was one of the three voting members who dissented to the Fed retaining its easing bias within the April policy statement.
- US President Trump will deliver remarks in Florida on Friday, Georgia on Saturday and Michigan on Sunday, according to The Whiye House
- US President Trump on Iran, says may do it a little bit further
- US President Trump, on Ukraine’s Starlink (SPCX) access, says it’s a very interesting situation; won’t comment on whether he spoke to Elon Musk; bottom line is Musk put it back
- US President Trump invokes Section 232 on wind turbine imports
- CRUDE WRAP: WTI (Z6) SETTLES USD 2.32 HIGHER AT 99.47/BBL; BRENT (Z6) SETTLES USD 4.35 HIGHER AT USD 113.17/BBL
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