Real-time News

Federal Reserve Bank of Barkin: We are still hearing a lot from our contacts about inflation and cost pressures.

According to data from the forecasting platform Kalshi, the probability of the Federal Reserve keeping interest rates unchanged next month has risen to 65%.

Federal Reserve Bank of Barkin: The best indicator of a healthy job market is the unemployment rate.

U.S. Army Secretary: The U.S. Army will open "new doors" for businesses.

Federal Reserve's Barkin: I do not believe there is wage inflation at present.

Federal Reserve Bank of Barkin: We see that companies have pricing power among themselves, but limited pricing power over consumers.

On August 7th, Federal Reserve Chairman Barkin stated that the employment data closely reflects a weak, balanced job market. The current job market is characterized by "low hiring, low layoffs." The latest employment data is not satisfactory, but this is the reality. It can be said that the current job market is in an environment of "zero to moderate growth." Barkin also noted that corporate earnings are quite strong and maintaining good growth, and he is monitoring the link between corporate earnings and the job market.

Federal Reserve's Barkin: The Fed will keep inflation at 2%.

Federal Reserve Bank of Barkin: It's not surprising that Warsh has new ideas about the Fed, and the chairman is participating in the discussion thoughtfully.

Federal Reserve Bank of Barkin: I agree with Federal Reserve Chairman Warsh that inflation must return to the target level.

Federal Reserve Bank of Barkin: We may be entering a more unstable world.

Federal Reserve Bank of Barkin: Corporate earnings are quite strong and growth is good.

Federal Reserve's Barkin: We are in an environment of zero to moderate job growth.

Federal Reserve Bank of Barkin: The jobs data doesn't feel good, but that's the reality.

Federal Reserve Bank of Barkin: Employment data shows low hiring and low layoffs.

Abu Dhabi National Oil Company (ADNOC) of the United Arab Emirates: Freedom of navigation in international waterways and the safe and unimpeded flow of commercial shipping must be respected and protected.