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25/06/2026
European Central Bank board member Schnabel: The current interest rates of the European Central Bank have not reached a tightening level.
Latest
3 m ago
SpaceX's stock price fell, down 0.3%.
4 m ago
US Energy Secretary Wright: Due to the Iranian-laid mines in the Strait of Hormuz, the resumption of oil transportation has been delayed.
5 m ago
US Treasury Secretary Benson: I will not comment on the underlying core inflation pressure that the Federal Reserve needs to be wary of. However, I believe that we must objectively assess the impact of the Iran conflict on prices and inflation, and observe the actual performance of inflation after the current energy price hike effect subsides. At the same time, we must also look at the artificial intelligence industry boom rationally - AI is expected to boost productivity, play a role in curbing inflation, and push inflation back to target levels. I am confident that Kevin Wash will choose the optimal policy path, balancing the Federal Reserve's dual statutory responsibilities of curbing inflation and stabilizing growth. It is worth noting that he had previously expressed strong views on inflation risks.
6 m ago
US Treasury Secretary Bensen: I believe the US economy will achieve high GDP growth without traditional inflation. In the past few days, various sectors have been reviewing Greenspan's tenure. He was extremely visionary, with US productivity growth of about 1.5% on the eve of the 1990s, but he predicted that the modernization of office equipment and the internet boom could drive a non-inflationary economic prosperity. In the early 1997, the Federal Reserve only raised interest rates slightly once, briefly tightening policy. In addition to this, the US experienced the longest economic expansion in history. It is very likely that we will replicate this situation again.
6 m ago
US Treasury Secretary Benson expressed hope that the Federal Reserve can "keep an open mind," and re-examine inflation trends after the impact of rising energy prices due to the situation in Iran subsides.
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