US deployed jets against Russian bombers; Russian military aircraft detected in Alaska air zone

Just in | Fed's Miran Indicates Closer Alignment with Peers on 2026 Projections Despite Maintaining Conservative Outlook. Fed's Miran: I am still on the low end of 2026 projections, but less daylight between me and others <=USD>:*MIRAN: I DON'T THINK LABOR MARKET IS ABOUT TO FALL OFF A CLIFF ?*MIRAN: NEUTRAL RATE IS DRIFTING DOWN, SO POLICY HAS TO ADJUST Fed's Miran: Housing shows not all financial conditions are loose FED'S MIRAN: ATTRIBUTING ALL CHANGES TO FINANCIAL CONDITIONS TO MONETARY POLICY MAY BE A MISTAKE OTHER FACTORS MAY INCLUDE TAX AND REGULATORY POLICY THE LONGER THAT YOU STAY RESTRICTIVE THE GREATER THE RISK

Fed's Miran: I See Shelter Inflation Coming Down In Next 6-12 Months The Long Term Response To The Recent Fed Rate Cut Was Muted, But Do Expense Them To Come Down I Think Policy Is 150-200 Bps Too Restrictive Fed's Miran: I’m Probably More Sanguine On Growth Than Many At Fed Decent Shot At 3% Growth For The Second Half Of 2025 And Into 2026 View Of Rate Cuts Based On Expectation That Neutral Is Being Pushed Lower By Tax Policy And Immigration Fed's Miran: In The Next 6 Months Would Like The Fed To Be A Lot Closer To Neutral; Can Get There In A Series Of Half Point Moves There Is No Material Evidence Of Tariff Driven Inflation, But That Seems To Be Holding Up Others On The Fed

In the week ending September 20, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 14,000 from the previous week's revised level. The previous ...

FED'S GOOLSBEE: JOB MARKET SEEMS TO BE COOLING, INFLATION IS GOING UP Fed's Goolsbee: Rates can go down a fair bit more if inflation heads toward 2%, but I'm wary of frontloading rate cuts. FED'S GOOLSBEE: RATES CAN DROP FURTHER IF STAGFLATION RISK FADES CHI FED'S GOOLSBEE Q&A/CRAIN'S: HAVING INFLATION GOAL AT 2% 'SUPER IMPORTANT;' DON'T CONSIDER CHANGING WHILE HAVEN'T REACHED CURRENT TARGET #Goolsbee #FederalReserve #economy GOOLSBEE: IF SITTING GOVT CAN TELL CENTRAL BANK WHAT TO DO WITH RATES, INFLATION GOES UP CRITICALLY IMPORTANT FOR FED TO REMAIN INDEPENDENT