07:57:31
Fed Mester: I don’t think we know yet whether the neutral rate is higher.
07:57:20
Fed Mester: The Fed will keep interest rates restrictive to reduce inflation.
07:37:02
Fed Mester: The Fed needs to keep interest rates high to ensure inflation returns to 2%.
07:36:27
Fed Mester: Although inflation is too high, we have seen promising signs of progress in reducing price pressures.
07:33:05
Fed Mester: The economy is growing faster than expected and the job market is strong, but has slowed and is entering a better balance.
07:32:28
Fed Mester: We are seeing some signs that wage pressures are easing and credit conditions have tightened in line with monetary policy.
07:31:57
Fed Mester: The path of monetary policy depends on economic performance.
07:21:35
Market news: The Australian government launches consultations on future natural gas strategy.
07:20:00
Mester, the 2025 FOMC voting committee member and President of the Cleveland Fed, will speak on the U.S. economic outlook in ten minutes.
07:17:41
Spot silver fell 1.00% on the day and is now at $20.82 per ounce.
07:10:48
Market news: US Republican Congressman Gates proposed to formally remove Speaker of the US House of Representatives McCarthy.
07:04:41
Spot silver fell back below $21 per ounce, down 0.27% on the day.
07:01:02
The annual rate of the British BRC store price index in September was 6.2%, compared with the previous value of 6.90%.
06:54:02
Bank of America: Raise its forecast for Japan’s inflation, expecting core CPI to exceed 2% by 2025.
06:50:06
COMEX silver futures fell more than 1.00% during the day and are currently trading at $21.21 per ounce.
06:37:39
According to Automotive News: The United Auto Workers (UAW) has made a new counteroffer demand to General Motors (GM).
06:05:51
According to the Syrian National News Agency: Israel conducted air strikes on the positions of the Syrian armed forces near Dir ez-Zor.
06:00:21
Governor of the Bryansk region in Russia: The air defense system destroyed a Ukrainian drone in the Trubchevsk district of the state.
05:49:36
The U.S. Senate Commerce Committee will hold a hearing on the nomination of the head of the U.S. Federal Aviation Administration (FAA) on October 4.
05:06:21
Argentine Government: Argentina’s tax revenue in September was 4.303 trillion Argentine pesos, a year-on-year increase of 102.3%.