News
White House: President Trump will not allow Iran to launch an attack in the Strait of Hormuz without paying a price. The United States can attack Iran at any time and anywhere.
Fed Logan: Even according to the most conservative estimates, data center demand pushing up electricity prices may become a new source of mild inflationary pressure.
Brazilian Foreign Minister Vieira: The United States requires Brazil to fully and unilaterally open the entire economic sector, but it has not proposed any reciprocal measures.
Brazilian Foreign Minister Vieira: US Secretary of State Rubio's remarks are unacceptable and offensive to the Brazilian government and people.
Brazilian Foreign Minister Vieira: Brazil has had more than 30 contacts with the U.S. government, and negotiations began before the tariff increase was announced.
Fed Schmid: Only by making its decision-making process public, increasing transparency, and accepting public criticism can the Fed be accountable.
Fed's Schmid: Inflation shocks are not inherently temporary and disagrees that the Fed should "ignore" certain types of price increases.
Fed Schmid: It’s time to stop excluding food prices from core inflation measures.
Fed's Schmid: Pay attention to inflation when setting monetary policy.
Fed's Schmid: Labor market appears broadly stable. The persistence of inflation across a wide range of goods and services remains "concerning".
Fed Schmid: Recent inflation data are encouraging, but it is too early to draw conclusions.
White House: US President Trump will travel to New York tomorrow (Friday, local time).
According to Iran's Tasnim News Agency: The U.S. Embassy in Iraq has issued a security alert, reminding U.S. citizens in Iraq to be on high alert and warning that regional airspace may be temporarily closed.
The Fed accepted a total of $125 million from one counterparty in fixed-rate reverse repurchase operations.
Fed's Logan: Surge in investment in artificial intelligence could trigger non-linear price increases.
Fed's Logan: Artificial intelligence may eventually lead to a surge in productivity, but the demand effects are already showing.
Fed's Logan: It's time to finish the work of restoring price stability. Some policy constraints are needed to help achieve this goal.
Fed Logan: "Moderately raising" interest rates will better balance prospects and risks.
Federal Reserve: The seasonally adjusted outstanding balance of U.S. commercial paper fell by $6.6 billion in the week ended July 15. U.S. commercial paper outstanding decreased by $2.4 billion on a non-seasonally adjusted basis. U.S. commercial paper outstanding balances of foreign financial institutions fell by $3.5 billion on a non-seasonally adjusted basis.
According to Iran's Mehr News Agency: Iran was attacked by the United States near Bandar Abbas. The Hormozgan provincial government stated that there were no casualties or property losses.