Chicago Fed President Austan Goolsbee cautioned against premature rate cuts, citing persistent service inflation and warning of potential risks from an AI investment bubble, while emphasizing the importance of data reliability and the Fed's focus on economic fundamentals.
#YonhapInfomax #FederalReserve #AustanGoolsbee #ServiceInflation #RateCuts #AIBubble #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=84673
Chicago Fed President Warns on Service Inflation—Cautions Against Premature Rate Cuts
Chicago Fed President Austan Goolsbee cautioned against premature rate cuts, citing persistent service inflation and warning of potential risks from an AI investment bubble, while emphasizing the importance of data reliability and the Fed's focus on economic fundamentals.
U.S. bond markets brace for August CPI and PPI releases, with sticky service inflation and looming tariff effects complicating the Fed’s rate cut outlook; Treasury yields hit multi-month lows as labor market data disappoints and markets price in further easing.
#YonhapInfomax #CPI #FederalReserve #USTreasuryYields #ServiceInflation #RateCut #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=80500
[New York Bond Market - Weekly]If Sticky Service Prices Add to Tariff Worries… CPI in Focus
U.S. bond markets brace for August CPI and PPI releases, with sticky service inflation and looming tariff effects complicating the Fed’s rate cut outlook; Treasury yields hit multi-month lows as labor market data disappoints and markets price in further easing.
ECB Chief Economist Philip Lane signaled that the central bank's monetary policy objectives are nearly achieved, citing sufficient progress on inflation, though service inflation remains elevated.
#YonhapInfomax #ECB #PhilipLane #MonetaryPolicy #Inflation #ServiceInflation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=69146
ECB Chief Economist Says Monetary Policy Task Nearly Complete—Inflation Shows Sufficient Progress
ECB Chief Economist Philip Lane signaled that the central bank's monetary policy objectives are nearly achieved, citing sufficient progress on inflation, though service inflation remains elevated.
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