News

Fed's Daly: As bank capital requirements change, reserve demand may decline and the Fed's balance sheet may shrink.

Fed's Daley: Mid- to long-term inflation expectations are solid.

Fed's Daley: Keeping policy unchanged will still curb inflation.

Fed Daley: Interest rates may remain unchanged; if inflation accelerates, interest rates will need to be raised; if the conflict ends quickly, interest rates may be cut.

Fed Daly: Currently on the sidelines, this is a good choice.

US President Trump: Most of the key points of the negotiations have been "finalized."

Fed Daley: Before the oil price shock, it was thought that one or two interest rate cuts might be necessary in 2026.

Fed Daley: The federal funds rate is currently slightly tight, slightly above the neutral level of 3%.

Fed Daly: Most companies believe this will be completed quickly and are optimistic about the second half of the year.

Swiss National Bank President Schlegel: The Swiss National Bank is better prepared and will intervene in the foreign exchange market to ensure price stability.

Fed's Daley: Oil shock may have greater impact on inflation than on economic growth.

Fed Daly: If the conflict continues, we will face greater inflationary pressure in the long term.

Fed Daly: It depends on the duration of the conflict; if the conflict ends soon, we will return to the previous interest rate path.

Fed Daley: It is still unclear whether the oil price shock is a short-term impact or a long-term impact.

US President Trump: The United States will not release frozen Iranian funds.

U.S. President Trump said Iran agreed to suspend its nuclear program indefinitely.

Fed's Daly: Actual productivity growth may be higher than what we currently measure.

Fed's Daley: Oil price shocks will dominate the impact of productivity on inflation.

Fed Daley: It is difficult to link productivity growth improvements to the real neutral interest rate, but it deserves close attention from both sides.

Fed's Daley: Productivity growth will help inflation come down, but it's not something we can rely on.