News
Federal Reserve Governor Barr: Mortgage rates have risen, but they will fall as inflation declines.
Federal Reserve Governor Barr: Multiple factors have led to a decline in housing affordability in the United States.
Federal Reserve Governor Barr: Inflation has failed to move clearly toward the target in a timely manner; economic growth is strong and the labor market is robust.
Federal Reserve Governor Barr: At the recent policy meeting, the Fed needed to readjust monetary policy to reflect the risks.
Federal Reserve Governor Barr: The Fed was in a disadvantageous position but has adjusted in the right direction.
Federal Reserve Governor Barr: Further interest rate hikes may be needed to ensure a timely return to the 2% inflation target.
The Central Bank of Russia stated that the ruble's depreciation in August was partly due to the use of export revenue to pay for imports, including maintenance equipment for oil refineries.
Federal Reserve Governor Barr will speak on the topic of "housing" in ten minutes.
The yield on the two-year U.S. Treasury note continued to rise, gaining 6.63 basis points on the day and currently trading at 4.843%.
Iranian Foreign Minister Araqchi: I have warned European officials against supporting the war crimes committed by the United States and Israel.
French bonds led the decline in European markets; the 10-year yield rose 10 basis points to 4.61%.
The Secretary of Iran's Supreme National Security Council stated that the Strait of Hormuz is the guarantee for negotiations, and the United States must first establish trust.
McDonald's (MCD.N) fell 3.2%, hitting a near four-year low.
U.S. Treasury bonds continued to fall after the release of a strong S&P Global U.S. PMI.
The preliminary reading of the S&P Global Composite PMI for September in the United States came in at 58.4, reaching a five-year high.
The preliminary reading of the S&P Global Composite PMI for September in the United States was 58.4, compared with 56 in the previous month.
The preliminary reading of the S&P Global Services PMI for September in the United States was 58.7, below the expected 56 and the previous reading of 56.5.
The preliminary reading of the S&P Global Manufacturing PMI for September in the United States was 57, below the expected 53.6 and the previous reading of 53.9.
The Secretary of Iran's Supreme National Security Council stated: "We are conducting reverse engineering research on a US submarine that can dive to a depth of 6,000 meters for detection and is of extremely high value. In the future, some countries may request related technology from us and are willing to pay billions of dollars for it."
The preliminary readings of the S&P Global Manufacturing and Services PMI for September in the United States will be released in ten minutes.