21:02:23
Fed Governor Bowman: Tailoring bank regulation and supervision to bank size and risk profile is "vital."
21:02:22
Federal Reserve Governor Bowman: I am "very worried" about abandoning the banking regulatory hierarchy and moving from "tailor-made" to "wrong direction".
21:00:34
Federal Reserve Governor Bowman: "Targeted" bank regulatory adjustments should be considered instead of "radical" reforms.
21:00:33
The intraday increase of WTI crude oil expanded to 2.00%, and is now reported at US$73.46/barrel; Brent crude oil rose 1.86%, and is now reported at US$77.33, US$/barrel.
20:57:37
According to government sources, the Black Sea grains agreement does not cover the transport of Russian ammonia through Ukraine because ammonia pipelines are not covered by the agreement.
20:50:00
Federal Reserve Governor Bowman will participate in the discussion session of the Bankers Conference in ten minutes.
20:46:59
Fed Williams: discuss restarting the neutral rate (r-star rate) model.
20:45:21
Federal Reserve Williams: The natural real interest rate will be about 0.5% in the next 10 years.
20:45:01
Fed Williams did not comment on the near-term policy outlook.
20:44:08
Fed Williams: New research suggests the natural rate of interest remains low even in the midst of a pandemic.
20:43:54
Fed Williams: The New York Fed has republished its public estimates for interest rate variables.
20:41:54
Morgan Stanley CEO James Gorman will step down in 12 months.
20:40:09
Morgan Stanley CEO Gorman will become executive chairman when the new CEO takes office.
20:39:23
Morgan Stanley CEO Gorman: It is expected that successors will be produced within the next 12 months.
20:38:43
U.S. Treasuries extended losses, with the 30-year yield rising to 3.94%, the highest since March 3.
20:36:15
GBP/USD gained 0.50% on the day to trade at 1.2471.
20:35:35
The U.S. dollar against the Swiss franc USD/CHF fell more than 0.50% in the day and is now at 0.9006.
20:35:00
FOMC permanent voting committee, New York Fed President Williams will deliver a keynote speech in ten minutes.
20:33:30
Democratic Congressman Josh Gottheimer: More than just avoiding a default needs to be done.
20:32:33
US Republican Congressman Brian Fitzpatrick: The debt ceiling negotiations are currently at a very good stage.