First Squawk
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PILL: LOMBARDELLI CLARIFIED IT WAS NOT A CLOSE CALL
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PILL: EVENTS PROFOUNDLY UNCERTAIN, HARD TO PREDICT
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PILL: COULD SEE ENERGY PRICE VOLATILITY INTO NEXT YEAR
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ABBVIE INC Q2 GLOBAL SKYRIZI REVENUE USD 5,505 MILLION || Q2 GLOBAL RINVOQ REVENUE USD 2,525 MILLION || OUTLOOK FY ADJUSTED EPS USD 0.14 VS. IBES ESTIMATE USD 14.1 || Q2 GLOBAL HUMIRA REVENUE USD 756 MILLION || Q2 ADJUSTED EPS USD 3.65 VS. IBES ESTIMATE USD 3.6 || Q2 REVENUE USD 16,990 MILLION VS. IBES ESTIMATE USD 16,765 MILLION || Q2 EPS USD 2.03
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PILL: RISKS TO HEADLINE INFLATION ARE TO THE UPSIDE
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FED'S KASHKARI: MY DISSENT AT THE FOMC MEETING BECAUSE I PREFERRED TO RAISE THE FUNDS RATE BY 0.25%.
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FED'S KASHKARI: A SERIES OF SUPPLY SHOCKS HAVE BEEN RESPONSIBLE IN PART FOR INFLATION.
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FED'S HAMMACK: NOW IS THE TIME FOR THE FED TO ACT TO BRING DOWN HIGH INFLATION.
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FED'S HAMMACK: I AM NOT CONFIDENT THAT INFLATION WILL EASE ABSENT ACTION FROM THE FED.
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FED'S KASHKARI: MORE RECENTLY, DATA CENTER INVESTMENTS HAVE ADDED A NEW DEMAND ELEMENT TO INFLATION.
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FED'S HAMMACK: THE LONGER INFLATION STAYS HIGH, THE HARDER IT WILL BE TO BRING IT BACK TO TARGET.
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FED'S KASHKARI: INCREASINGLY BELIEVE MONETARY POLICY HAS A ROLE TO PLAY IN ADDRESSING SUCCESSIVE SUPPLY SHOCKS THAT MIGHT LEAD TO ENTRENCHED INFLATION.
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FED'S KASHKARI: MONETARY POLICY CAN LOOK THROUGH INDIVIDUAL SUPPLY SHOCKS.
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FED'S HAMMACK: FED RATE POLICY IS NOT RESTRICTIVE ENOUGH.
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FED'S HAMMACK: WITH THE JOB MARKET STABLE, THE FED SHOULD FOCUS ON INFLATION.
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FED'S KASHKARI: IF INFLATION DURABLY FADES, A STRATEGY OF SMALL STEPS WOULD ALLOW THE FOMC TO SLOW OR PAUSE SUBSEQUENT ADJUSTMENTS WITHOUT UNNECESSARY IMPACT ON THE REAL ECONOMY.
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FED'S KASHKARI: TO MANAGE AGAINST THE RISK OF INFLATION BECOMING ENTRENCHED, WOULD PREFER TO TIGHTEN POLICY INCREMENTALLY.
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FED'S KASHKARI: IF INFLATION REMAINS ELEVATED, A POTENTIAL SERIES OF SMALL POLICY MOVES WOULD BE BETTER THAN WAITING AND CONCLUDING THAT BOLDER ACTIONS WERE NECESSARY.
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HASSETT SAYS ON RATES: THINK WE COULD STAY WHERE WE ARE
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HASSETT SAYS HARD TO MOTIVATE INTEREST RATE HIKE WITH CURRENT DATA
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HASSETT SAYS EXPECT AI PRODUCTIVITY WILL HELP PUSH INFLATION DOWN
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