Strong price gains in gold, silver as U.S. gov’t may be close to reopening

Fed's Daly: Inflation Has Been Pretty Contained In Goods Prices – BBGTV - Rate Cut So Far Has Supported Labor Market, Keeps Downward Pressure On Inflation - Productivity, GDP Is Rising As Labour Market Is Slowing - Policy Is In A Good Place SF FED'S DALY Q&A/BBG: GOOD NEWS THAT INFLATION SLOWING OUTSIDE OF TARIFFED GOODS; PRODUCTIVITY RISING AND MONPOL STILL MILDLY RESTRICTIVE #Daly #FederalReserve #economy Fed's Daly: We are not going to see inflation pressure from labor cost side. Fed's Daly: Slowing Wage Growth Shows It's A Negative Demand Shock In Labor Market - If Firms Were Scrambling To Find Workers Wages Would Rise - We’re Definitely In A Low-Firing, Low-Hiring Period DALY: ASSET VALUATIONS REFLECT HIGHER PRODUCTIVITY EXPECTATIONS, WHETHER AI ENDS UP TO BE TRANSFORMATIVE OR NOT

Fed's Musalem: The US economy is pretty resilient. Fed's Musalem: I am very much looking forward to seeing official data. FED MUSALEM: LABOR MARKET IS AROUND FULL EMPLOYMENT, BEEN COOLING I FEEL WE HAVE A PRETTY GOOD SENSE OF WHERE ECONOMY IS *MUSALEM: CONSUMER BALANCE SHEETS ARE OK, CONSUMER NOT INDEBTED *MUSALEM: LOWER-INCOME FOLKS ARE TAKING ON MORE CREDIT-CARD DEBT Fed's Musalem: It is important to tread with caution, with limited room to ease policy further.

*SPEAKER JOHNSON SAYS HE THINKS HE HAS VOTES TO PASS STOPGAP *JOHNSON TELLS HOUSE MEMBERS TO BEGIN RETURNING TO WASHINGTON JOHNSON SAYS HE WANTS A VOTE 'AS SOON AS POSSIBLE' IN HOUSE ON PASSING BILL TO REOPEN GOV'T HOUSE SPEAKER MIKE JOHNSON: 'NIGHTMARE' IS FINALLY COMING TO AN END