In prepared remarks, Mr. Daly called for changes in bank regulation but stopped short of commenting on monetary policy and the economy, saying the cumulative impact of rules and regulations had to be considered and more community banks said regulation was not working for them.
1. Uncertainty: If there's one thing we've discussed over the last few days, it's the level of uncertainty we face. 2. Tariff Impact: The overall impact of tariffs on inflation is uncertain. This is a very complex situation with a lot of moving parts. 3. Direction: The current direction of development is very clear. Clearly, we've done a lot of work. 4. Policy Language: We want to remain "appropriate" in setting monetary policy. If comparisons are made, the "restrictive" wording disappears and "...
Money markets downgraded their bet on an ECB rate cut in October from 10 basis points before Lagarde's speech to just over seven basis points.
Powell's speech tonight may have limitations! Can its caution bring some hope to the dollar? Gold is still expected to continue to hit new highs before the end of the year, crude oil may be brewing this form, bulls need to take down first...
Musk and Trump opened the live broadcast, saying that it was "not easy" and that they were honored to be able to conduct this Space, and the number of Space participants exceeded 1.05 million.
Tesla CEO Elon Musk said on an earnings call that he will apply for regulatory approval in Europe and China to implement the supervised FSD, which is expected to be approved by the end of this year. Mr. Musk said regulatory approval would not be a "limiting factor" for Robotaxi.
Shortly after the shooting, Mr. Musk formally endorsed Mr. Trump on social media platform X. "I fully support Trump and wish him a speedy recovery," Mr. Musk said, following months of speculation over whether Mr. Musk would endorse him. Yesterday it was reported that Mr. Musk had donated money to a super PAC dedicated to helping Mr. Trump win the White House. Mr. Musk also said that both the director and the head of the Secret Service should resign.