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Business confidence continued to recover in June as concerns about the economic impact of Middle East tensions eased and cost pressures proved less severe than initially feared, according to the latest NAB Monthly Business Survey. Business confidence rose 9 points to -5 index points, while business conditions remained unchanged at +3 index points for a ...
From kathleenhays.substack.com | 4 hr ago
Yelena Shuletyeva has been a devoted watcher of the Federal Reserve and its policy changes over the past 20 years, previously as an economist at BNP Paribas and Bloomberg LP. is now now putting all of her experience and analytical capabilities to work as a Senior US Economist for The Conference Board Economy, Strategy & Finance Center. As she takes over as ...
International travel covers the number and characteristics of overseas visitors and New Zealand resident travellers (short-term movements) entering or leaving New Zealand. tables Overseas visitor arrivals were 203,300 in May 2026, an increase of 12,700 from May 2025. The biggest changes were in arrivals from: China (up 4,400) Australia (up 3,300) ...
The Federal Reserve told lawmakers it "will deliver price stability" amid higher inflation in the central bank's semi-annual Monetary Policy Report to Congress, released Friday. The semiannual monetary policy report comes as Fed Chairman Kevin Warsh is set to testify before both houses of Congress next Tuesday and Wednesday first before the House ...
The June consumer price index (CPI) report is shaping up to be a classic head-fake for investors. When the Bureau of Labor Statistics drops its latest inflation data on July 14 at 8:30 am Eastern, market participants might see something they haven't witnessed in quite a while: A negative month-over-month headline inflation print. Look past the headline, ...
Federal Reserve chairman Kevin Warsh has created five task forces to rethink the central bank's policymaking process. They are likely to bring outside-the-box ideas combined with intellectual chops to an often insular institution. The big picture: The task forces consist of economists and business leaders who bring serious credibility to the table but also ...
In June 2026 the consumer sentiment index stood at 36 points. This is 4 points lower than in June 2025. The following sub-indices are lower than in June 2025: economic outlook, past financial situation, financial outlook and moment to make major purchases. tables
From kathleenhays.substack.com | Jul 9, 2026
video Bob Eisenbeiss Federal Reserve career spans seven decades, from William McChesny Martins time as chair all the way through the terms of Ben Bernanke. This includes his ten years as the director of research at the Federal Reserve Bank of Atlanta advising the bank's president on monetary policy and overseeing the basic research and policy analysis ...
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institutions operations a list that includes several prominent Wall Street names, business leaders and a wide expanse of academicians and former Fed officials. Warsh first disclosed his intention to create the task forces last ...
The Federal Reserve on Thursday announced the leadership and objectives of its task forces to advance the conduct of monetary policy. "The Federal Reserve's commitment to price stability and maximum employment is unwavering. As is our resolve to pursue our mandate with rigor," said Chairman Kevin Warsh. "The U.S. economy has changed significantly over the last generation, and never more so than right now. Each task force will carefully consider whether policymakers' means and methods, analytical tools and policy approaches can be improved upon. I am honored that the best minds from a range of disciplines have agreed to work with us to sharpen our performance as an institution. The goal is straightforward: to ensure the Fed is best positioned to achieve our objectives in this consequential time." The five task forces will examine areas central to the broad conduct of monetary policy. They will be co-led by external advisersaccomplished economists, business leaders, and former central bank practitionerswith deep expertise in their fields. Supported by Federal Reserve staff, they will operate independently, with a mandate to follow the evidence, provide candid feedback, and produce rigorous findings for the Federal Open Market Committee. Each of five task forces to be co-led by three external experts, supported by Fed staff: Fed statement THE TASK FORCES WILL BE CO-LED BY EXTERNAL EXPERTS, INCLUDING FORMER CENTRAL BANK HEADS, LEADING ECONOMISTS, ANDREESSEN HOROWITZ CO-FOUNDER MARC ANDREESSEN, AND XBOX CEO SARAH BOND SHARMA, WITH SUPPORT FROM FED STAFF. Fed Chair Warsh: Feds dedication to price stability and maximum employment mandates 'unwavering; will pursue with rigor'
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