{"items":[{"ts":"2:56 PM","cat":"geo","hl":"Fed's Chair Warsh on Task Forces: We are not outsourcing decisions. Task forces will make recommendations.","_id":"9640762"},{"ts":"2:53 PM","cat":"geo","hl":"Fed's Chair Warsh: There is one proposal on the table, very little discussion on it, and no discussion of any other proposals. We had a good family fight on it.","_id":"9640760"},{"ts":"2:53 PM","cat":"macro","hl":"Brent Crude futures settle at $79.55/bbl, up 59 cents, 0.75%.","_id":"9640759"},{"ts":"2:52 PM","cat":"geo","hl":"Iran's Foreign Ministry Spokesperson: The US has committed to cancel all types of sanctions on Iran based on a schedule that will be discussed in upcoming talks - SNN.","_id":"9640758"},{"ts":"2:52 PM","cat":"geo","hl":"Fed's Chair Warsh: Financial market prices are the most important source of information to guide central bankers.","_id":"9640757"},{"ts":"2:52 PM","cat":"fed","hl":"Fed's Chair Warsh: Markets perform best when reacting to incoming data. Financial markets act less efficiently when they are worried about how the Fed will react to the data.","_id":"9640756"},{"ts":"2:51 PM","cat":"geo","hl":"Fed's Chair Warsh: I am open-minded, there are new analytic techniques, new private sector data, and reforms for official sector data.","_id":"9640755"},{"ts":"2:50 PM","cat":"fed","hl":"Fed's Chair Warsh: I would be open-minded if the Fed data task force had recommendations on how to improve official statistics. Private companies are working with real-time information.","_id":"9640754"},{"ts":"2:49 PM","cat":"geo","hl":"Fed's Chair Warsh: Most data we consume have old-fashioned survey methods.","_id":"9640753"},{"ts":"2:49 PM","cat":"geo","hl":"Fed's Chair Warsh: We've missed the inflation goal for five years, we're going to fix it.","_id":"9640752"},{"ts":"2:47 PM","cat":"geo","hl":"Fed's Chair Warsh: There are some changes to come, they may be worthy of press conferences.","_id":"9640751"},{"ts":"2:47 PM","cat":"geo","hl":"Fed's Chair Warsh asked about the future of press conferences: They can be a very useful way of communicating, but I want to have something important to say for pressers.","_id":"9640750"},{"ts":"2:46 PM","cat":"geo","hl":"Fed's Chair Warsh: I am impressed by the open-mindedness of colleagues over the last two days.","_id":"9640736"},{"ts":"2:46 PM","cat":"geo","hl":"Fed's Chair Warsh: I don't want to prejudge the outcomes of the communications review.","_id":"9640735"},{"ts":"2:46 PM","cat":"geo","hl":"Fed's Chair Warsh: For me, submitting a dot is not helpful in the conduct of policy.","_id":"9640734"},{"ts":"2:46 PM","cat":"fed","hl":"Fed's Chair Warsh: The level of Fed restriction is uneven.","_id":"9640733"},{"ts":"2:45 PM","cat":"geo","hl":"Fed's Chair Warsh: I am pretty open minded.","_id":"9640732"},{"ts":"2:45 PM","cat":"geo","hl":"Fed's Chair Warsh: I expect by year-end there will be a broad review of communications, press conferences, dots, and meetings.","_id":"9640731"},{"ts":"2:45 PM","cat":"geo","hl":"Fed's Chair Warsh: Policymakers don't feel bound by their dots. I did not hear tons of conviction on the projection submissions.","_id":"9640721"},{"ts":"2:44 PM","cat":"geo","hl":"Fed's Chair Warsh noted that dot plot submissions came in with pencils that have big erasers.","_id":"9640720"},{"ts":"2:44 PM","cat":"geo","hl":"Fed's Chair Warsh asked about the future of the dot plot: We've got a task for that.","_id":"9640719"},{"ts":"2:43 PM","cat":"fed","hl":"Fed's Chair Warsh: Fed policy appears to be restrictive vis-à-vis the housing market, but not financial markets.","_id":"9640718"},{"ts":"2:42 PM","cat":"geo","hl":"Fed's Chair Warsh, asked about the future of policy: We've dropped forward guidance.","_id":"9640717"},{"ts":"2:41 PM","cat":"geo","hl":"Fed's Chair Warsh: We have the capability and the commitment to deliver 2% inflation.","_id":"9640716"},{"ts":"2:40 PM","cat":"geo","hl":"Fed's Chair Warsh: The 2% goal will be outside the scope of the inflation task force.","_id":"9640715"},{"ts":"2:40 PM","cat":"geo","hl":"Fed's Chair Warsh: I see no reason until we have delivered the 2% goal, to revisit that goal.","_id":"9640714"},{"ts":"2:39 PM","cat":"geo","hl":"Fed's Chair Warsh: 2% inflation is the Fed's longheld objective.","_id":"9640713"},{"ts":"2:39 PM","cat":"geo","hl":"Fed's Chair Warsh: I expect to see some results by fall, the conclusion of task forces by the year-end.","_id":"9640712"},{"ts":"2:39 PM","cat":"geo","hl":"Fed's Chair Warsh: Task forces to begin work in the next couple of weeks.","_id":"9640711"},{"ts":"2:39 PM","cat":"geo","hl":"Fed's Chair Warsh: The task force on inflation frameworks will examine drivers of inflation.","_id":"9640710"},{"ts":"2:38 PM","cat":"geo","hl":"Fed's Chair Warsh: The task force on productivity and jobs will survey the reach of AI and other general-purpose tech.","_id":"9640709"},{"ts":"2:38 PM","cat":"geo","hl":"Fed's Chair Warsh: The data task force will consider new data sources and methodological changes.","_id":"9640708"},{"ts":"2:38 PM","cat":"geo","hl":"Fed's Chair Warsh: I expect the communications task force to recommend an SEP change.","_id":"9640707"},{"ts":"2:38 PM","cat":"geo","hl":"Fed's Chair Warsh: The balance sheet task force will review the benefits and risks of the ample reserves regime.","_id":"9640706"},{"ts":"2:37 PM","cat":"geo","hl":"Fed's Chair Warsh: I expect to propose changes, including to the summary of projections.","_id":"9640705"},{"ts":"2:37 PM","cat":"geo","hl":"Fed's Chair Warsh: Task forces will ultimately propose next steps.","_id":"9640704"},{"ts":"2:37 PM","cat":"geo","hl":"Fed's Chair Warsh: Task forces include inflation frameworks.","_id":"9640703"},{"ts":"2:37 PM","cat":"fed","hl":"Fed's Chair Warsh: Task forces will be supported by Fed staff.","_id":"9640702"},{"ts":"2:37 PM","cat":"geo","hl":"Fed's Chair Warsh: Each independent task force will have the best minds inside and outside the economics profession.","_id":"9640701"},{"ts":"2:36 PM","cat":"geo","hl":"Fed's Chair Warsh: Task forces include data sources, productivity, and jobs.","_id":"9640700"},{"ts":"2:36 PM","cat":"geo","hl":"Fed's Chair Warsh: Communications, balance sheet, data sources, productivity and jobs, and the Fed's inflation frameworks will be studied.","_id":"9640699"},{"ts":"2:36 PM","cat":"geo","hl":"Fed's Chair Warsh: The task force on communications, balance sheet, use of data sources.","_id":"9640698"},{"ts":"2:35 PM","cat":"geo","hl":"Fed's Chair Warsh: I am appointing a task force in 5 areas.","_id":"9640697"},{"ts":"2:35 PM","cat":"geo","hl":"Fed's Chair Warsh: I refrained from submitting projections of my own.","_id":"9640696"},{"ts":"2:34 PM","cat":"geo","hl":"Fed's Chair Warsh: In the statement, also absent is forward guidance, which is not well-suited to the current policy state.","_id":"9640695"},{"ts":"2:34 PM","cat":"geo","hl":"Fed's Chair Warsh: Today's policy statement was shorter and simpler. The statement dispenses with older language.","_id":"9640694"},{"ts":"2:33 PM","cat":"geo","hl":"Fed's Chair Warsh: Timely opportunity to review practices, reaffirm mission when leadership changes.","_id":"9640693"},{"ts":"2:33 PM","cat":"fed","hl":"Fed's Chair Warsh: The FOMC members are unanimous that they will deliver price stability.","_id":"9640692"},{"ts":"2:33 PM","cat":"geo","hl":"Fed's Chair Warsh: The recent past need not be a prologue to inflation.","_id":"9640691"},{"ts":"2:33 PM","cat":"geo","hl":"Fed's Chair Warsh: Persistently high prices are a burden.","_id":"9640690"},{"ts":"2:32 PM","cat":"geo","hl":"Fed's Chair Warsh: Economic activity expanding at a solid pace.","_id":"9640689"},{"ts":"2:32 PM","cat":"geo","hl":"Fed's Chair Warsh: Inflation is well ahead of the 2% goal.","_id":"9640688"},{"ts":"2:32 PM","cat":"macro","hl":"NYMEX Natural Gas July futures settle at $3.1450/MMBtu.","_id":"9640687"},{"ts":"2:31 PM","cat":"macro","hl":"NYMEX Diesel July futures settle at $3.1946 a gallon.","_id":"9640685"},{"ts":"2:31 PM","cat":"macro","hl":"NYMEX Gasoline July futures settle at $2.9096 a gallon.","_id":"9640684"},{"ts":"2:31 PM","cat":"macro","hl":"NYMEX WTI Crude July futures settle at $76.79 a barrel, up 74 cents, 0.97%.","_id":"9640676"},{"ts":"2:20 PM","cat":"fed","hl":"JPMorgan's Michele: I think it's possible to have two rate hikes this year.","_id":"9640667"},{"ts":"2:20 PM","cat":"fed","hl":"Short-term interest-rate futures are now pricing a bigger chance of a Fed hike than a hold by September.","_id":"9640666"},{"ts":"2:18 PM","cat":"fed","hl":"JPMorgan's Michele: The Fed is telling us that we're not at neutral.","_id":"9640665"},{"ts":"2:11 PM","cat":"fed","hl":"FOMC Press Conference with new Chair Warsh - WATCH LIVE","_id":"9640643"},{"ts":"2:10 PM","cat":"geo","hl":"Fed's Chair Warsh did not submit a dot on the SEP dot plot.","_id":"9640642"},{"ts":"2:08 PM","cat":"fed","hl":"Pimco Global Economic Advisor Clarida: Fed getting the US ready for rate hikes.","_id":"9640641"},{"ts":"2:06 PM","cat":"geo","hl":"Pimco Global Economic Advisor Clarida: Not surprised Warsh did not submit a dot.","_id":"9640640"},{"ts":"2:05 PM","cat":"fed","hl":"JPMorgan Head of Global Fixed Income Michele: Nobody on FOMC thinks inflation will be transitory.","_id":"9640639"},{"ts":"2:04 PM","cat":"fed","hl":"JPMorgan Head of Global Fixed Income Michele: Didn't think half would project a rate hike.","_id":"9640638"},{"ts":"2:04 PM","cat":"fed","hl":"Traders fully price in a quarter-point Fed rate hike by the year-end.","_id":"9640637"},{"ts":"2:04 PM","cat":"fed","hl":"JPMorgan Head of Global Fixed Income Michele: This is a hawkish tilt from the committee.","_id":"9640636"},{"ts":"2:04 PM","cat":"fed","hl":"Fed SEP: Growth Lower, Inflation Higher, Rates Higher for Longer","_id":"9640635"},{"ts":"2:03 PM","cat":"fed","hl":"Traders price in additional Fed tightening after dots revised","_id":"9640634"},{"ts":"2:02 PM","cat":"fed","hl":"Fed removes statement reference to additional rate adjustments.","_id":"9640631"},{"ts":"2:01 PM","cat":"macro","hl":"Fed: The committee reaffirmed the policy of maintaining ample reserves in the banking system instructs open market desk to increase securities holdings when appropriate.","_id":"9640619"},{"ts":"2:01 PM","cat":"fed","hl":"The fed vote in favor of the policy was unanimous.","_id":"9640618"},{"ts":"2:01 PM","cat":"macro","hl":"Fed: Job gains have kept pace with the workforce, and the unemployment rate has changed little.","_id":"9640615"},{"ts":"2:01 PM","cat":"macro","hl":"Fed: Productivity growth and capital investment are strong.","_id":"9640614"},{"ts":"2:00 PM","cat":"macro","hl":"Fed: Economic activity expanding at a solid pace despite elevated uncertainty that owes in part to the Middle East conflict.","_id":"9640613"},{"ts":"2:00 PM","cat":"fed","hl":"Federal Reserve leaves key overnight interest rate unchanged in a 3.50-3.75% range, committee will deliver price stability.","_id":"9640607"},{"ts":"2:00 PM","cat":"fed","hl":"Fed policymakers see 2.2% gdp growth in 2026 versus 2.4% in March, see longer-run growth at 2.0% vs 2.0% in March.","_id":"9640606"},{"ts":"2:00 PM","cat":"fed","hl":"Fed: 9 of 18 FOMC participants pencil in a 2026 rate hike.","_id":"9640622"},{"ts":"2:00 PM","cat":"macro","hl":"Fed: Inflation remains elevated relative to 2% goal in part reflecting supply shocks that have caused price increases in certain sectors, including energy.","_id":"9640603"},{"ts":"2:00 PM","cat":"fed","hl":"Fed Median Rate Forecast (Next 2 Yrs) Actual 3.375% (Forecast 3.125%, Previous 3.125%)","_id":"9640602"},{"ts":"2:00 PM","cat":"fed","hl":"Fed Median Rate Forecast (Current) Actual 3.75% (Forecast 3.625%, Previous 3.375%)","_id":"9640601"},{"ts":"2:00 PM","cat":"fed","hl":"Fed Median Rate Forecast (Next Yr) Actual 3.625% (Forecast 3.375%, Previous 3.125%)","_id":"9640600"},{"ts":"2:00 PM","cat":"fed","hl":"Fed Median Rate Forecast (Long Run) Actual 3.063% (Forecast 3.125%, Previous 3.125%)","_id":"9640599"},{"ts":"2:00 PM","cat":"macro","hl":"US Interest Rate Decision Actual 3.75% (Forecast 3.75%, Previous 3.75%)","_id":"9640598"},{"ts":"1:53 PM","cat":"geo","hl":"So far, the Islamic Republic of Iran has not announced its agreement to this proposal. - Fars News, citing an informed Source","_id":"9640597"},{"ts":"1:53 PM","cat":"geo","hl":"Proposal for electronic signing of the Iran-US memorandum of understanding has been raised before the trip to Geneva - Fars News, citing an informed Source","_id":"9640596"},{"ts":"1:51 PM","cat":"macro","hl":"JPMorgan Head of Global Fixed Income Michele: Oil shock is somewhat transitory","_id":"9640595"},{"ts":"1:51 PM","cat":"macro","hl":"Societe Generale US Research Head Rajappa: Core inflation would be a real concern for the Fed.","_id":"9640594"},{"ts":"1:49 PM","cat":"macro","hl":"Societe Generale US Research Head Rajappa: What we see in the dot may be market-moving","_id":"9640593"},{"ts":"1:49 PM","cat":"macro","hl":"Societe Generale US Research Head Rajappa on the Fed: We're not really expecting a lot of changes.","_id":"9640592"},{"ts":"1:41 PM","cat":"geo","hl":"Iran's Foreign Ministry spokeSperson: This is our own responsibility, and only we will carry it out; there will be no need for participation or intervention from other parties.","_id":"9640548"},{"ts":"1:41 PM","cat":"geo","hl":"Iran's Foreign Ministry Spokesperson: Iran and Oman will develop a mechanism for the Strait, and we will exchange views with other countries when necessary.","_id":"9640547"},{"ts":"1:40 PM","cat":"geo","hl":"Iran's Foreign Ministry Spokesperson on the Strait of Hormuz: It has been agreed to return maritime traffic to normal in a certain period of time - State Media","_id":"9640546"},{"ts":"1:39 PM","cat":"fed","hl":"JPMorgan Head of Global Fixed Income Michele: Would be surprised by either hawkish or dovish tilt.","_id":"9640545"},{"ts":"1:39 PM","cat":"macro","hl":"JPMorgan Head of Global Fixed Income Michele: If they drop easing bias, there won't be dissents.","_id":"9640544"},{"ts":"1:37 PM","cat":"macro","hl":"JPMorgan Head of Global Fixed Income Michele: Not an economy where you cut rates","_id":"9640543"},{"ts":"1:36 PM","cat":"geo","hl":"JPMorgan Head of Global Fixed Income Michele: The question for Warsh is what does regime change mean?","_id":"9640542"},{"ts":"1:35 PM","cat":"geo","hl":"The goal is an agreement with Lebanon under the auspices of the US that will remove from the table the Iranian demand for Israeli withdrawal as a condition for an agreement with the Americans - Israel's Hayom News","_id":"9640541"},{"ts":"1:35 PM","cat":"geo","hl":"Israel wants to accelerate talks with Lebanon and reach an agreement as soon as possible, even before the formation of a full American-Iranian agreement - Israel's Hayom News","_id":"9640540"},{"ts":"1:15 PM","cat":"geo","hl":"Iran's Foreign Ministry spokesperson: Signing could be done by the US and Iranian Presidents, the idea still under review - State Media","_id":"9640515"}],"lastFetched":1781722575496,"cached":true,"count":100,"upstreamStatus":429}