Goolsbee echoes Warsh: Inflation is Fed's top concern
Goolsbee agrees inflation is the main issue and backs steady rates at July FOMC.
Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
Goolsbee agrees inflation is the main issue and backs steady rates at July FOMC.
The dollar rose after Warsh's hawkish comments raised September rate hike odds to 57%, pushing the euro lower.
Fed's Warsh says inflation data is more concerning, signals possible rate hike.
The University of Michigan's final August consumer sentiment index rose to 51.7, beating the initial estimate of 51.0.
Crypto and stablecoins are on the official agenda for the 2026 Jackson Hole symposium, a first for the event.
Hammack repeats call for rate hikes as inflation stays near 3% and financial conditions seen as not restrictive.
Canada's second-quarter GDP grew at a 3.3% annualized rate, below expectations of 3.4%. June monthly GDP rose 0.3%.
Markets were quiet as traders awaited Fed Chair Warsh's Jackson Hole speech. European stocks edged higher, while currencies and gold were little changed.
Market rate expectations for RBA and BoC adjusted after Australian CPI beat and US-Canada trade conflict; focus turns to Fed Chair Warsh's speech.
Kevin Warsh delivers his first Jackson Hole speech as Fed chair, with markets split on a September rate hike.
Eurozone economic sentiment continued its recovery in August, with confidence improving across sectors, though consumer inflation expectations edged higher.
German unemployment rose by 4,000 in August, less than the expected 5,000, while the jobless rate held at 6.4%.
Fed chair Kevin Warsh's Jackson Hole speech is expected to offer limited policy guidance, with Goldman Sachs and Deutsche Bank both skeptical of clear signals.
Lloyds' business confidence index rose 4 points to +53% in August, a five-month high, while the share of firms planning price rises fell to 51%.
Consumer confidence in New Zealand eased 1 point to 98.0 in August, with inflation expectations steady at 4.7%, ahead of the RBNZ's September 2 policy decision.