Real-time Financial News

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2024-10-23 Wednesday
  • 21:47:05

    German Chancellor Scholz: A global agreement is needed to address Africa’s excessive debt burden.

  • 21:42:43

    Fed Goolsby: The Fed will have a reasonable debate on how to operate the framework during the current inflationary period.

  • 21:40:21

    Fed Goolsby: Recent inflation is mainly supply-side, although there are also demand factors.

  • 21:36:59

    Fed Goolsby: No decision has been made on what action to take at the next meeting.

  • 21:36:22

    Fed Goolsby: Try not to rely too much on "traditional" indicators of economic overheating.

  • 21:34:16

    Fed Goolsby: If the Fed sees a lack of progress on prices, it must become more restrictive on interest rates.

  • 21:31:54

    S&P: Mexican auto parts suppliers have solid financial cushion amid United Auto Workers strike.

  • 21:29:26

    German Chancellor Scholz: We will make decisions on the German hydrogen network this year.

  • 21:28:43

    The gap in 10-year bond yields between Italy and Germany widened to 200 basis points, the largest since March.

  • 21:27:44

    Market news: Russia has stopped exporting uranium to the United States through the port of St. Petersburg.

  • 21:26:38

    German Chancellor Scholz: We are making every effort to achieve the energy transition goals.

  • 21:24:15

    Ford (FN): (Following UK date for postponement of ban on petrol and diesel cars) electric car plans in Europe will not waver, with all-electric vehicles on offer by 2030.

  • 21:22:23

    Government of India: India is committed to achieving zero emissions by 2070.

  • 21:21:25

    Barclays: We maintain our bullish recommendation on the spread between WTI and Brent in February 2024 (previously -$4.08/barrel; latest -$3.41/barrel).

  • 21:05:59

    Fed Goolsby: Wages typically lag prices, so short-term fluctuations should not be used to predict inflation.

  • 21:05:28

    Fed Goolsby: The idea of raising the inflation target is quite risky.

  • 21:03:45

    Fed Goolsby: Long-term inflation expectations are "firm" and could help lower inflation with "less economic impact."

  • 21:03:31

    Fed Goolsby: Evidence shows that the inflationary outbreak in 2021 is mainly supply-related; ignoring supply improvements will lead to excessive adjustments.

  • 21:02:55

    Fed Goolsby: The Fed will bring inflation back to target, but there is a chance it can do so without experiencing a recession.

  • 21:02:44

    Fed Goolsby: Recent data shows that inflation is slowing without unemployment, which is contrary to past U.S. patterns.

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