Fed's Goolsbee: Job market at full employment, GDP healthy but tariffs created 'hair on fire' moment

Fed's Goolsbee: It would pain me not to get jobs data in shutdown. lack of BLS data because of a shutdown will have an impact on the Fed. Fed's Goolsbee: I hope that recent higher inflation proves a 'one-and-done' event. FED'S GOOLSBEE: I DON'T WANT TO FRONTLOAD RATE CUTS ON THE EXPECTATION CURRENT INFLATION WILL BE TRANSITORY. ...

Fed's Collins: It may be appropriate to cut rates again if data supports easing. Fed's Collins: Supported the recent Fed rate cut given risks to Fed mandates. <=USD>:*COLLINS: MY INFLATION OUTLOOK SIMILAR TO MEDIAN FED PROJECTION *COLLINS: I DON'T EXPECT LABOR MARKET TO SOFTEN MUCH FURTHER *COLLINS: I STILL SEE MODESTLY RESTRICTIVE STANCE AS APPROPRIATE *COLLINS: SEE SOME RISK OF MORE MEANINGFUL UNEMPLOYMENT INCREASE Fed’s Collins: Can’t Rule Out Worse Outlooks For Inflation, Job Market While Inflation Threat Remains Upside Risks To Price Pressures Have Waned Baseline Outlook Is Relatively Benign Expects Hiring To Rebound Once Firms Acclimate To Tariffs $JPM $BAC Boston Fed's Collins cautious on future rate cuts amid inflation, labor risks

*TRUMP: PFIZER AGREED TO OFFER MEDICATIONS AT MAJOR DISCOUNTS *TRUMP: WE'RE GOING TO BE PAYING THE LOWEST PRICE *TRUMP: US WILL BE PAYING MOST FAVORED NATIONS PRICE TRUMP: US CONSUMERS HAVE BEEN SUBSIDISING R&D COSTS TRUMP: DRUGS WILL BE AVAILABLE THROUGH GOVERNMENT WEBSITE