Federal Reserve Governor Barr: The intermediary role of banks in the issuance of Treasury bonds seems to be effective.

Fed Governor Barr: Not sure whether leverage ratio is the main source of stress in the U.S. Treasury market.

Federal Reserve Governor Barr: Housing services inflation is expected to continue to slow.

Fed Governor Barr: Goods and housing services inflation is falling in the right direction.

Fed Governor Barr: The current degree of credit tightening is less than what I worried about in March.

Fed Governor Barr: We will probably need to keep interest rates high for a period of time.

Fed Governor Barr: I believe we can get inflation down to 2%.

Fed Governor Barr: It may be that we have reached or are close to a sufficiently restrictive interest rate level.

Market news: U.S. automaker groups called fuel economy penalties "worrying" and would "harm U.S. competitiveness."

The Fed accepted a total of $1.366 trillion from 99 counterparties in fixed-rate reverse repurchase operations.

Fitch: The performance of global structured financial assets is expected to continue to weaken in the fourth quarter of 2023 and 2024.

Fitch: Global structural finance ratings remain strong despite weak asset performance.

Fitch: Net interest margin compression in the U.S. banking sector is likely to slow in the second half of 2023.

Fitch: U.S. bank deposit outflows should remain stable in the second half of 2023.

Fitch: U.S. bank deposit and funding costs stabilize as beta approaches terminal levels.

Fitch: The global economy continues to show positive momentum this year, thanks to the resilience of U.S. consumer demand.

Fed Governor Barr: Regulators want banks to be ready and willing to use the discount window.

Federal Reserve Governor Barr: Monetary policy is a "crude tool" that may not be suitable for dealing with specific threats to financial stability.

Federal Reserve Governor Barr: He believes that the possibility of a soft landing is higher than before.