News

German Chancellor Mertz: The Mercosur trade agreement will take effect temporarily.

German Chancellor Mertz: Transatlantic relations have changed and no one regrets this more than me.

The vote results showed that the French government survived its first vote of no confidence in parliament.

The Federal Reserve accepted a total of $10.415 billion from eight counterparties in fixed-rate reverse repurchase operations.

Fed's Bostic: Stable labor market gives us room to wait.

Fed's Bostic: It would be unwise to move in any direction at this time.

Fed's Bostic: Need to be patient.

Fed Bostic: If interest rates are cut, inflation is extremely unlikely to fall to 2%.

Federal Reserve Bostic: Policy rates need to be kept at a moderately tight stance.

Market News: A U.S. judge resumed the New York offshore wind power project of Wasu Energy that was halted by Trump.

Fed's Bostic: Bringing inflation back down is particularly important for low-income households.

Fed's Bostic: The labor market appears to have stabilized.

Fed's Bostic: It's too early to say the inflation problem has been resolved.

Fed Bostic: The current policy is not highly restrictive. Perhaps one or two interest rate cuts can reach a neutral level. I previously expected no interest rate cut in 2026.

Swiss National Bank President Schlegel: Switzerland's economic growth is relatively slow and below average.

SNB President Schlegel: The SNB can play an active role in the foreign exchange market if necessary.

Fed's Bostic: We're not over the inflation problem caused by tariffs yet.

Fed's Bostic: It's too early to say inflation work is done.

Fed Bostic: He has a tough job.

Fed Bostic: This is a huge undertaking for Wash and I wish him the best.