Real-time Financial News

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2024-10-07 Monday
  • 00:07:49

    Fed Chairman Powell: Wage growth is still high but is gradually reaching sustainable levels.

  • 00:07:35

    Fed Chairman Powell: Spending and output are expected to slow next year.

  • 00:07:07

    Fed Chairman Powell: Unemployment rate is rising but still at historically low levels.

  • 00:06:56

    Fed Chairman Powell: Wage growth remains high but is slowing to a more sustainable level.

  • 00:06:46

    Fed Chairman Powell: The Fed welcomes the recent cooling in inflation data.

  • 00:06:30

    Fed Chairman Powell: Inflation has eased, but core inflation is still too high.

  • 00:06:12

    Fed Chairman Powell: Need to see more progress in reducing inflation to 2%.

  • 00:05:50

    Federal Reserve Chairman Powell: Uncertainty about the economic outlook is "exceptionally high."

  • 00:04:58

    Federal Reserve Chairman Powell: The Federal Reserve makes interest rate decisions meeting by meeting based on data.

  • 00:04:44

    Fed Chairman Powell: It’s “too early” to say monetary policy is restrictive enough.

  • 00:03:45

    Fed Chairman Powell: The Federal Open Market Committee is "acting cautiously" and the risks of under-tightening and over-tightening have become more balanced.

  • 00:02:51

    Fed Chairman Powell: The Fed is ready to further tighten monetary policy if the time is right.

  • 23:50:25

    Brazilian Central Bank Governor Neto: We do not want to provide terminal interest rate guidance, but we believe that interest rates will remain tight.

  • 23:50:00

    Federal Reserve Chairman Powell holds fireside chat. [Simultaneous interpretation] will be announced in ten minutes.

  • 23:49:52

    Brazilian Central Bank Governor Neto: We intend to maintain the current pace of easing at the next meeting.

  • 23:48:59

    Brazilian Central Bank Governor Neto: Interest rates still need to remain within a restrictive range.

  • 23:47:01

    Ukrainian Economy Minister: Before Polish freight drivers started protests at the border, Ukrainian exports through Poland were almost double what they are now.

  • 23:44:04

    The euro fell 0.50% against the pound EUR/GBP on the day and is now at 0.8582.

  • 23:43:55

    Brazilian Central Bank Governor Neto: Brazil can achieve more growth with lower inflation.

  • 23:42:30

    EUR/USD fell by 0.50% during the day and is now at 1.0833.

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