23:32:28
Federal Reserve Chairman Powell: We are working hard to achieve the goal of price stability, there is still a long way to go, but we are making progress.
23:32:19
Fed Chair Jerome Powell: We want to restore price stability.
23:32:11
Fed Chair Jerome Powell: While raising rates could be painful, it will slow demand.
23:32:06
Federal Reserve Chairman Powell: Inflation is gradually falling. The problem that plagues people is actually inflation. Our task is to reduce the level of inflation.
23:27:41
Federal Reserve Chairman Powell: A proposal will be submitted to the Federal Reserve Board this summer.
23:27:34
Fed Chairman Powell: No details yet on specific proposals for capital requirements.
23:17:50
Federal Reserve Chairman Powell: Reserve demand may be volatile, and the target balance sheet should be smaller than it is now, but a buffer zone is needed so as not to conflict with scarce reserves.
23:17:08
Fed Chairman Powell: It is important that the balance sheet should not grow every cycle.
23:13:48
Offline primary oil refining capacity in Russia is expected to fall to 1.683 million tonnes in July, sources said, as idle capacity was revised upwards following emergency shutdowns at Krasnodar and Ilsky plants following the drone strikes.
23:13:06
Fed Chairman Powell: The Fed is trying to separate financial and price stabilization tools.
23:11:43
Federal Reserve Chairman Powell: We should focus on inflation because we are still far from reaching our goals.
23:07:55
Fed Governor Tim Cook: Commercial banks should not be burdened by big bank rules.
23:07:15
Fed Chairman Jerome Powell: The capital injections we made in the last cycle looked to be working pretty well.
23:06:47
Federal Reserve Governor Jefferson: The Fed supports a prudent and targeted regulatory approach.
22:57:22
Federal Reserve Governor Jefferson: We are also paying attention to cybersecurity risks.
22:56:50
Federal Reserve Chairman Powell: Housing inflation is expected to decline significantly.
22:56:33
Fed Governor Jefferson: Monitor bank liquidity. Provisions may be made for interest rate risk.
22:55:47
Fed Governor Jefferson: Closely monitor additional credit tightening.
22:52:19
Volkswagen: 30% of battery raw material demand has been secured by 2030.
22:52:09
The U.S. dollar against the Canadian dollar USD/CAD extended its intraday decline and is now at 1.3179, a nine-month low, down 0.43% on the day.
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