Fed's Kashkari: Data sending some stagflation signals

Fed's Daly cautions against thinking all bubbles are financial - Axios. Fed's Daly: I am not seeing evidence of mass job replacement by AI - Axios. Fed's Daly: AI bubble not a threat to financial stability - Axios Fed's Daly: AI could make country more productive - Axios.

FED'S MIRAN: GROWTH IN FIRST HALF OF YEAR WAS SLOWER THAN EXPECTED AMID UNCERTAINTY A LOT OF UNCERTAINTY ON ECONOMY HAS LIFTED THERE ARE REASONS TO BE MORE OPTIMISTIC GOING FORWARD ON UNCERTIANTY LIFTING FED'S MIRAN: IF ECONOMY DOES WELL IT DOESN'T HAVE FIRM IMPLICATIONS FOR MONETARY POLICY THE NEUTRAL RATE HAS COME DOWN WHICH MAKES POLICY MORE RESTRICTIVE RESTRICTIVE MONETARY POLICY HAS RISKS THERE ARE RISKS IF MONETARY POLICY ISN'T ADJUSTED Fed's Miran: MonPol Should Be Forward Looking Given Lags Of Policy Impact - ‘More Sanguine’ On Inflation Outlook Than Many Others Fed's Miran: My best attempt at a real neutral rate estimate is 0.5%. *Looks in disappointment* Fed's Miran Says Market Reactions Offer Useful Feedback and Bond Market Support Boosts Push for Faster Rate Cuts

FED'S MIRAN: NEUTRAL RATE HAS BEEN BUFFETED BY HUGE, UNUSUAL POPULATION SHOCKS Fed's Miran: Monetary policy needs to ease to get ahead of shift down in the neutral rate.