Fed Governor Bowman: The Fed should be mindful of the risks when prematurely declaring victory over inflation.

Fed Governor Bowman: Our basic outlook is that the Fed will need to raise interest rates further to keep policy restrictive enough.

Fed Governor Bowman: Increased consumption in the service industry will bring inflation risks.

Fed Governor Bowman: Energy price risks may have an adverse impact on inflation improvement.

EU Digital Economy Commissioner Vera Yorova: The Commission will pass a bill this year to direct approximately 200 billion euros in proceeds from frozen Russian assets to Ukraine.

Fed Governor Waller: The Fed is out of touch with the market because of different forecasts.

Fed Governor Waller: If inflation continues to fall, we have "no reason" to insist on keeping interest rates at "very high levels."

The U.S. dollar fell 0.50% against the Japanese yen during the day and is now at 147.93; the Australian dollar against the U.S. dollar AUD/USD has increased by 0.50% during the day and is now at 0.6640.

Fed Governor Waller: If inflation continues to decline in the next few months, that will be a good economic reason to lower policy rates.

Google (GOOG.O): It will begin implementing the updated personalized advertising policy on February 28, 2024, and may take approximately six weeks to gradually implement full implementation.

Google (GOOG.O): It will update its personalized advertising policy in February 2024, introducing new restrictions on personalized advertising of consumer financial products and services.

Fed Governor Waller: Fiscal policy must be considered a factor that cannot be ignored when formulating monetary policy.

Fed Governor Waller: Unless there is a shock, there is "no reason" to think the Fed cannot achieve a soft landing.

Fed Governor Waller: There may still be shocks that derail a soft landing, but they are unpredictable.

Market news: Polish lawmakers estimate that the energy price freeze will cost PLN 16.5 billion.

Indian Government: The rescue operation was completed and all 41 workers trapped in the collapsed tunnel in India were rescued.