23:19:57
Non-US currencies collectively rose. The euro against the US dollar EUR/USD rose by 20 points in the short term, and is now reported at 1.0817; It is now at 137.53.
23:18:59
Fed Chairman Powell: For policymakers, the central bank remains responsible for maintaining price stability regardless of supply shocks.
23:18:31
Fed Chairman Powell: Those positive supply shocks are unlikely to be repeated.
23:18:20
Fed Chair Jerome Powell: Positive supply shocks during globalization may indeed help keep inflation low.
23:18:17
The U.S. dollar index DXY fell more than 20 points in the short-term, and is now at 103.08. It was previously reported that representatives of the U.S. Republican Party left the debt ceiling negotiations.
23:17:36
Fed Chairman Powell: We may continue to see supply shocks.
23:17:35
Spot gold continued to rise, with a short-term increase of US$16, and it is now at US$1974.57 per ounce.
23:16:57
Fed Chairman Powell: Tools used in any area may affect other areas.
23:16:48
Market news: Representatives of the Republican Party of the United States withdrew from the debt ceiling negotiations.
23:13:42
Fed Chairman Powell: The banking system is strong and resilient.
23:13:08
The decline in the KBW Regional Bank Index extended to 1.3%.
23:11:28
According to CNN: U.S. Treasury Secretary Yellen tells bank CEOs that more mergers may be necessary.
23:07:22
Fed Chairman Powell: The Fed is firmly committed to the 2% target; failure to do so will do more damage.
23:06:51
Fed Chair Jerome Powell: Inflation is causing major hardship to marginalized people in society.
23:06:31
Fed Chairman Powell: High inflation poses major difficulties.
23:01:42
European Central Bank executive member Schnabel: In the long run, weakening bank profitability may expose persistent problems of overbanking in the euro area and lack of European-wide bank consolidation, which the ECB cannot solve alone.
23:01:08
European Central Bank executive member Schnabel: If it is necessary to maintain financial stability and smooth transmission of monetary policy, the European Central Bank has the tools to provide liquidity to the euro zone financial system.
23:00:39
European Central Bank executive member Schnabel: As long as necessary, the European Central Bank will keep interest rates at restrictive levels.
23:00:37
European Central Bank executive member Schnabel: ECB will raise interest rates enough to tighten.
22:59:28
European Central Bank executive member Schnabel: The ECB can continue to take actions to restore inflation to target levels.
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