-
Fed's Goolsbee: The immediate impact of the shutdown will be on federal workers who don't get paid on time - Fox News
Added at 1:33pm
Added at 1:34pm
Added at 1:39pm
- Comments / Top
- Subscribe
BuyHiSellLo
Oct 2, 2025 4:09pm
Permalink
Trader#8B15
Oct 2, 2025 1:55pm
Permalink
Trader#B0E8
Oct 2, 2025 2:19pm
Permalink
Trader#4FFF
Oct 2, 2025 2:30pm
Permalink
-
Related Stories
FED'S LOGAN: INFLATION IS RUNNING ABOVE TARGET, TRENDING HIGHER LOGAN: WE NEED TO BE VERY CAUTIOUS ABOUT RATE CUTS LOGAN: MUST NOT EASE TOO MUCH, ONLY TO HAVE TO REVERSE COURSE pic.twitter.com/oHeHNL7qiY Fed's Logan: Inflation Is Running Above Target, Trending Higher - Have Seen Marked Decline In Payroll Gains - Risks On Both Sides Of Fed's Mandate - Recent Cut Was Insurance Against More Rapid, Non-Linear Decline In Labour Market - Demand Remains Pretty Resilient Fed's Logan: Policy isn't more than modestly restrictive, which is appropriate. Fed's Logan: Inflation on its way back to 2%, but there are risks. FED'S LOGAN: VERY CLOSE TO MAXIMUM EMPLOYMENT
*BESSENT: NEWS COMING TUE. ON SUBSTANTIAL SUPPORT FOR US FARMERS *BESSENT: UNFORTUNATE CHINA DECIDED USING SOY IN TRADE TALKS *BESSENT: MET WITH TRUMP, ROLLINS YESTERDAY ON FARMER ISSUE US Treasury Sec: Went Over The Halfway Point In Fed Job Interviews - Expect First Round Of Fed Chair Interviews Completed Next Week - Will Present Trump With Three To Five Strong Candidates BESSENT SAYS "WHAT GIVES US COMFORT WITH CHINA IS RESPECT TWO LEADERS HAVE FOR EACH OTHER" US Treasury Sec Bessent: Next Round Of China Talks Should Show Big Breakthrough - Current China Trade Truce Expires Nov. 10 - What Gives Us Comfort With China Is Respect Two Leaders Have For Eachother - Will Be Very Helpful For Them To Speak In Person
Fed's Williams: Balance Sheet Use Is Not Unconventional - Monetary Policy Tools Not Limited To Short-Term Rates - Uncertainty And Change Will Be With Us For Foreseeable Future - Central Bank Policy Works Better When Public Understands It Fed's Williams: Uncertainty and change will be with us for the foreseeable future
Williams: Prepare for the Unexpected Thank you for the kind introduction. Its a great honor to speak at this event recognizing our esteemed colleague and friend, Klaas Knot. As is often the case among central bankers, Klaas and I first met on a rubber raft floating down the Snake River in Wyomings Grand Teton National Park. It was August 2011. Klaas was a rookie monetary policymaker at the time, having been in his role as president of the Dutch National Bank for less than two months. I, on the other hand, was a relatively grizzled veteran with nearly six months under my belt as president of the San Francisco Fed. While we were leisurely cruising downstream, enjoying the wonderful views of nature, our raft suddenly came upon a black bear and two cubs who wereequally leisurelycrossing the river right ahead of us. Carefully, the raft pilot steered us near enough to the bears for close-up photos, but not so near as to get between the mama bear and her cubsthe one thing even a city slicker like me knows never to do. We didnt appreciate it at the time, but this adventure was an omen for the many challenges we would face navigating the unexpected in the years to come.