Real-time Financial News

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2024-11-05 Tuesday
  • 01:49:17

    Fed Daley: The economy is still very solid and the fall in inflation is a tortuous process.

  • 01:43:55

    Fed Daley: The economy and monetary policy are in good shape.

  • 01:38:08

    Ukrainian President Zelensky: (After drone attack on Tatarstan) Ukraine will respond to Russian attack with "a longer-range response."

  • 01:28:46

    Russian Deputy Prime Minister Novak ordered that fuel supply should give priority to domestic market supply.

  • 01:20:00

    Daley, the 2024 FOMC voting committee member and President of the Federal Reserve Bank of San Francisco, will participate in a fireside chat in ten minutes.

  • 01:17:47

    The Federal Reserve accepted a total of $448.424 billion from 73 counterparties in fixed-rate reverse repurchase operations.

  • 01:17:18

    Russian Deputy Prime Minister Novak: Russian gasoline and diesel inventories remain high.

  • 00:56:59

    Fed Mester: The Fed is doing a lot of work to make sure banks are ready to use the discount window.

  • 00:36:02

    Private equity investment firm Silver Lake will take Endeavor private at $27.50 per share, valuing Endeavor at $25 billion.

  • 00:28:55

    Fed Mester: I don’t think the neutral interest rate will be as low as it was in the past.

  • 00:22:16

    United Nations Spokesperson: The United Nations reiterates its call for an immediate humanitarian ceasefire (in Gaza).

  • 00:21:25

    According to the British Financial Times: NATO plans to provide Ukraine with a five-year aid package of up to $100 billion.

  • 00:14:11

    UAE officials: The UAE will suspend humanitarian relief operations through the maritime corridor pending a full investigation and additional security guarantees.

  • 00:08:02

    Fed Mester: The path to the 2% inflation target is not expected to be smooth.

  • 00:07:42

    Fed Mester: Inflation is expected to fall at a slower pace.

  • 00:07:32

    Fed Mester: A strong economy gives the Fed room to wait and see before cutting interest rates.

  • 00:07:12

    Fed Mester: The bigger risk to monetary policy is that the Fed cuts interest rates too early.

  • 00:06:53

    Fed Mester: If the economy meets expectations, the Fed can gradually cut interest rates.

  • 00:06:48

    Fed Mester: Fed policy is in a "good position" to deal with economic risks.

  • 00:06:09

    Fed Mester: Still expects the Fed to cut interest rates later this year and does not think it is necessary to cut interest rates at the next meeting.

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