Waller's Congressional Debut Clashes with Surprising CPI Data! 'Zero-Tolerance' Testimony Undermined by Unexpected Figures, Immediately Easing Rate Hike Pressure

Wash stated that Federal Reserve policymakers have 'zero tolerance' for high inflation and reiterated their commitment to curbing price growth, which has remained elevated for five years.

Zhitong FinanceJul 14 21:15

Express News | US Jun. CPI YoY +3.5% Vs +3.8% Forecast, Prior +4.2%

BreakingsJul 14 20:30

Express News | Markets are nearly fully pricing in expectations of a Fed rate hike before September.

BreakingsJul 13 22:54

Express News | Trump: Reinstate sanctions on Iran effective immediately and impose a 20% fee on cargo shipments.

BreakingsJul 13 22:19

Express News | Iran: Strait of Hormuz Remains Closed

BreakingsJul 13 18:54

Five Working Groups Emerge—Wu’s 'United Front' Aims for Rate Cuts?

The policy framework reform spearheaded by Federal Reserve Chair Kevin Warsh has entered a substantive phase—with five working groups officially unveiled on July 9, bringing together heavyweight figures including the former Bank of England governor, a Nobel laureate in economics, and Marc Andreessen. This development follows the Bureau of Economic Analysis’s (BEA) quiet adjustment to its PCE calculation methodology, prompting warnings from Goldman Sachs and UBS Group that inflation readings will be systematically understated. China Securities Research has outlined a clear three-step roadmap: personnel appointments, framework overhaul, and a dovish pivot—culminating in an anticipated rate cut in the fourth quarter.

wallstreetcnJul 10 13:57