Real-time News

European Commission Vice-President Šefčovič: Full respect for the EU-US trade agreement is "crucial".

Federal Reserve Governor Waller: The neutral interest rate is determined by supply and demand for safe assets.

Federal Reserve Governor Waller: If productivity is rising, the neutral interest rate is likely to rise as well.

Federal Reserve Governor Waller: The scarce reserve system is inefficient and "stupid".

Ukrainian security officials stated that the oil pumping station is a key facility in the "Friendship" oil pipeline, which transports Russian oil to Eastern Europe.

Federal Reserve Governor Waller: We are watching the job vacancy rate; it would be unusual if that rate continued to decline without an increase in the unemployment rate.

Federal Reserve Governor Waller: Post-pandemic changes in work arrangements may be boosting productivity, while also having other effects.

Federal Reserve Governor Waller: Productivity growth over the past year or so has not come from artificial intelligence.

The Chicago Fed National Activity Index for January was 0.18, compared to -0.04 in the previous month.

Federal Reserve Governor Waller: Artificial intelligence is spreading so fast that it is easy to predict which jobs might disappear before it is clear which jobs might be created.

Federal Reserve Governor Waller: The weak labor market is likely to continue in the future.

Federal Reserve Governor Waller: It’s difficult to interpret the recent unemployment claims data.

Federal Reserve Governor Waller: CEOs say artificial intelligence will lead to massive layoffs.

Federal Reserve Governor Waller: Companies are starting to lay off workers after overhiring.

Federal Reserve Governor Waller: Many factors, including artificial intelligence, suggest that hiring may remain weak.

On February 23, Ukrainian Presidential Chief of Staff Budanov stated that efforts are underway to advance a new prisoner exchange between Russia and Ukraine, with the aim of achieving this goal this week. When asked about the potential scale of the exchange, he indicated it involves a "considerable" number. Budanov also stated that a new round of negotiations with Russia may be held from February 26 to 27. He added that the negotiations between Ukraine and Russia are about to enter the stage where both sides must make final decisions.

Federal Reserve Governor Waller: We cannot ignore the weak job growth in 2025, but economic activity is indeed stronger than expected.

Federal Reserve Governor Waller: It is uncertain how businesses will respond to the Supreme Court's tariff ruling, but I do not believe it will affect people's perception of appropriate monetary policy.

Federal Reserve Governor Waller: If the impact of tariffs is excluded, the underlying inflation rate may be close to 2%.

Federal Reserve Governor Waller: After a weak 2025, the labor market may have shifted to a more solid foundation.