News

Fed's Mussallem: Lowering inflation to target levels will help boost consumption and economic growth and may lower the 10-year Treasury yield.

Fed's Mussallem: It is crucial to complete the task of curbing inflation.

Fed Musallem: The government shutdown may shift the CPI downward and may continue until April; PCE inflation is a better measure.

Fed Musallem: From a practical point of view, the current policy is neutral.

Fed's Moussalem: Inflation is likely to remain at a high level for a longer period of time, but this is not my baseline scenario.

Fed's Moussalem: The job market is vulnerable to increased layoffs, which is not my baseline scenario, but it is not impossible.

Fed Musallem: My baseline forecast is that economic growth will reach or exceed 2%.

Fed's Moussalem: Inflation is almost 1 percentage point above target and the labor market is cooling in an orderly manner.

Market News: The U.S. Federal Communications Commission is reviewing the growing shift of live sports events to pay TV and subscription services.

Citi/YouGov survey: British public expectations for inflation in the next 5 to 10 years have dropped to 3.6%.

Citi/YouGov survey: British public expectations for inflation in the next year fell to 3.3% in February.

The Federal Reserve accepted a total of US$1.159 billion from seven counterparties in fixed-rate reverse repurchase operations.

Google: Phone scam detection on Google Pixel devices is now live in the US, Australia, Canada, India, Ireland and the UK.

Sources: Google (GOOG.O) will test changes to search engine results following EU antitrust charges. The new proposal will increase the visibility of competitors in search results. The new proposal is launching soon in Europe and will initially apply to accommodation searches.

Market News: A U.S. judge has struck down a Trump policy that would have allowed immigrants to be quickly deported to countries other than their home countries.

According to the Financial Times: Elliott also dismissed concerns that it might push for London Stock Exchange Group to list in New York.

According to the Financial Times: Activist investor Elliott has given assurances to the British government about the future of the London Stock Exchange. Elliott has privately assured the government that it is not pushing to break up the exchange.

U.S. Senate Democrat Cantwell urges the U.S. House of Representatives to vote on the aviation safety bill again.

Fed's Schmid: Expect paper checks to disappear.

According to the Danish News Agency: The Prime Minister of Iceland said at a press conference in Poland that Iceland will hold a referendum on EU membership in the next few months.