Fed's Miran: I expect data to continue signaling that cuts are appropriate

Fed's Barkin: Current policy rate is within range of neutral Fed's Barkin: Inflation has come down but remains above target, unemployment remains low, but do not want the job market to deteriorate much further * #FED 'S BARKIN: MUST BALANCE PROGRESS ON INFLATION, EMPLOYMENT - BBG *BARKIN: FED POLICY NOW IN THE RANGE OF ESTIMATES FOR NEUTRAL *BARKIN: LOOKING FORWARD TO 'CLEAN' DATA IN COMING WEEKS *BARKIN: BOTH SIDES OF FED MANDATE BEAR WATCHING *BARKIN: TAX CUTS, DEREGULATION AND RATE… Tuning In: 2026 Outlook Thank you for that kind introduction and for having me here today. Happy New Year! One of my favorite parts of the holiday season is spending time with my adult kids. They always teach me something new, leaving me thinking I’m somewhat more in-the-know. Apparently, one of their holiday highlights is “Spotify Wrapped” — a year-end summary of their top songs, podcasts and the like. They track their own statistics but also enjoy sharing and comparing with friends. Today, I thought I would do a Fed version of that: sharing my own reflections on the economy as highlighted by some of my favorite songs — my “Economy Wrapped,” if you will. Before I jump in, let me make two notes. First, Spotify gave everyone a listening age this year; let’s see if you can guess mine. Second, as always, I speak only for myself and not for anyone else on the Federal Open Market Committee (FOMC) or in the Federal Reserve System.

The inflation rate in Germany is expected to be +1.8% in December 2025. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. ...

The US service sector continued to expand at the end of 2025, according to the latest PMI data from S&P Global. However, with new business inflows rising to the weakest degree in ...