News

Federal Reserve Governor Bowman: The Federal Reserve is working to collect data on counterparties in artificial intelligence-related debt transactions.

Federal Reserve Governor Bowman: Open communication channels with the Treasury Department are crucial.

The Dow Jones Industrial Average closed down 156.67 points, or 0.30%, at 52,233.08 on Tuesday, November 10; the S&P 500 closed down 28.99 points, or 0.38%, at 7,520.95; and the Nasdaq Composite closed down 187.26 points, or 0.74%, at 25,065.87 on Tuesday, November 10.

Federal Reserve Governor Bowman: Inflation expectations are an important metric, but they don’t necessarily determine my opinion on things.

Federal Reserve Governor Bowman: Long-term inflation expectations are well anchored.

U.S. Democratic Senator Bernie Sanders: I think U.S. military aid to Israel is indeed a very sensitive topic among tens of millions of people. These issues must be debated and discussed.

Ukrainian President Zelensky: I have seen the changes brought about by US Middle East envoys Witkov and Kushner.

Market news: US Senate Republican Leader Thune will be re-elected.

Ukrainian President Zelensky: The issue of a new European security architecture has been included in the agenda of the Abu Dhabi meeting.

Federal Reserve Governor Bowman: The development of artificial intelligence is increasingly receiving external funding.

Federal Reserve Governor Bowman: Time will help the Fed better understand the sustainability of the growth momentum in demand related to artificial intelligence.

Federal Reserve Governor Bowman believes there is a risk of a significant correction in stock valuations.

Federal Reserve Governor Bowman: The labor market has improved, but it is not tight and has not exacerbated inflation.

Federal Reserve Governor Bowman: CPI data suggests that inflationary pressures may persist.

Federal Reserve Governor Bowman: Economic growth momentum has strengthened this year.

Federal Reserve Governor Bowman: Core PCE is expected to rise 3.3% in October, driven by energy prices and demand related to artificial intelligence.

Federal Reserve Governor Bowman: As the shock subsides, core PCE is expected to be closer to 2% next year.

Federal Reserve Governor Bowman: Lowering inflation remains a priority.

Federal Reserve Governor Bowman: Persistent inflation and a strong labor market indicate that "there is still work to be done."

Federal Reserve Governor Bowman: Financial conditions have tightened, and the Fed must weigh the costs of further tightening.