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White House National Economic Council Director Hassett: President Trump is very serious about the $5,000 proposal to be distributed in a fiscally responsible manner.

The preliminary value of the University of Michigan Consumer Confidence Index and the preliminary value of the one-year inflation rate forecast for September will be released in ten minutes.

White House National Economic Council Director Hassett: Inflation has clearly slowed over the past three months.

White House National Economic Council Director Hassett: If the Federal Reserve raises interest rates, President Trump will definitely comment.

Chevron CEO: The Trump administration has spoken with Ukraine about the attack on Black Sea oil infrastructure.

The Dow Jones Industrial Average opened 503.56 points higher, or 0.97%, at 52,567.66 on Friday, September 11; the S&P 500 opened 67.67 points higher, or 0.89%, at 7,659.46; and the Nasdaq Composite opened 218.22 points higher, or 0.84%, at 26,299.95.

Chevron CEO: The early buffer in the oil market has disappeared, and the price risks from the Iran war are now higher.

Russian Central Bank Governor Nabiullina: Russia's insurance sector is generally stable.

German Chancellor Merz has decided to remain in power and plans to continue pushing forward with German reforms.

Financial blog Zero Hedge: Today's US CPI report shows that core CPI is already overheated, while "super core inflation" is even more intense, mainly due to historic increases in education and communication service prices, with mobile communication service prices soaring to a record high.

Nasdaq futures extended gains to 1%, while S&P 500 and Dow Jones futures rose more than 0.9%.

Analyst Chris Anstey commented that this is the penultimate CPI inflation report before the US midterm elections. It's expected that the Trump administration and Republican candidates will emphasize the core CPI year-on-year increase. As we previously pointed out, this indicator has fallen to its lowest level since the spring of 2021. However, the monthly data does not signal a cooling of inflation. For Republicans, the risk is that the positive 2.4% figure could be overshadowed by the rising gasoline prices that Americans see every time they pass a gas station.

Russian Central Bank Governor Nabiullina: 165 billion rubles will be injected into major reinsurance companies.

Russian Central Bank Governor Nabiullina: The Russian Central Bank will inject funds into the state-owned reinsurance company to cope with the increase in insurance payouts caused by the drone attacks.

Russian Central Bank Governor Nabiullina: Attacks on the supply chain have little impact on inflation.

Germany's unadjusted current account balance for July was €21.154 billion, compared to €19 billion in the previous month.

Russian President Vladimir Putin: Russia's GDP grew by 10.3% between 2023 and 2025.

Nick Timiraos, the Fed's mouthpiece: In August's CPI, core services inflation (excluding housing) rose 0.51% month-over-month, the highest level since January, and 3% year-over-year. Core goods inflation rose 0.11% month-over-month and 0.7% year-over-year. Housing inflation rose 0.26% month-over-month and 3% year-over-year.

Russian President Vladimir Putin: The initiators of the sanctions are facing economic downturn and are no longer able to implement innovative policies similar to Russia's.

Russian President Vladimir Putin: Western countries are trying to disrupt logistics, damage infrastructure, and seize ships.