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.