News

Ukrainian Foreign Minister: Now is the time to increase pressure on the Russian regime, force Putin to take peace efforts seriously, and end Russia's aggression against Ukraine.

Federal Reserve's Schmid: The Federal Reserve can address inflation by influencing demand and has the corresponding policy tools and responsibilities.

Federal Reserve's Schmid: It is not the Federal Reserve's responsibility to influence the price of any particular good or service.

Federal Reserve's Schmid: I don't agree that the Fed's inflation target means it has to respond to the prices of a specific category of goods, such as the prices of technology products related to artificial intelligence.

Federal Reserve's Schmid: Demand has always been one of the factors influencing inflation.

Federal Reserve's Schmidt: The labor market is generally in a balanced state, and there is little evidence that the labor market or wage levels are contributing to inflation.

Federal Reserve's Schmid: Even excluding energy prices, the inflation rate will remain at 3%.

Federal Reserve's Schmid: Inflation is heading in the wrong direction, currently at an unacceptably high level above the 2% target.

Federal Reserve's Schmid: Since Federal Reserve Chairman Warsh's speech at the Jackson Hole symposium, the task of curbing inflation has become more challenging. With inflation levels too high, the Fed still has work to do in controlling inflation.

The Houthi rebels claimed to have attacked King Khalid International Airport and the financial center in Riyadh, the Saudi capital, with two ballistic missiles. Saudi Arabia has not yet confirmed the Houthi claim.

Ukrainian President Volodymyr Zelensky: If Europe is not strong enough, it will lose everything it cherishes. We have the ability to stop this, and the way to do that is to make Ukraine part of Europe, build a stronger Europe, and combine the strength of Europe with the strength of Ukraine.

Ukrainian President Zelensky: Russian President Putin is pushing Russia toward Europe and opposing everything that every European cherishes, regardless of their political stance.

Delta Air Lines (DAL.N): The company has extended its flexible rebooking policy until Monday, November 16, for passengers affected by the nationwide grounding of flights ordered by the Federal Aviation Administration (FAA).

US Treasury Secretary Bessant: Iran will face a difficult winter due to natural gas shortages.

U.S. Treasury Secretary Bessenter: We are putting economic pressure on Iran, and it's working.

U.S. Treasury Secretary Bessant warned the Federal Reserve against further tightening of monetary policy in a Fox News interview.

U.S. Treasury Secretary Bessen: President Trump and I both believe that Federal Reserve Chairman Warsh will fulfill his dual mandate.

U.S. Treasury Secretary Bessant: I believe inflation will drop significantly next month.

U.S. Treasury Secretary Bessenter: (Regarding the sale of advanced chips) I don't think we need legislation.

The Russian Ministry of Defense stated that a cargo ship carrying supplies to the Ukrainian armed forces was attacked in the Black Sea.