Lates News

"New Fed Wire" Nick Timiraos: On the same day the US CPI inflation data was released, as Fed officials Waller and Logan opened the door to faster rate hikes, Fed Vice Chair Bowman instead issued a cautious warning, saying that given recent market developments, the benefits of further tightening must be carefully weighed against its costs. In her remarks, she mentioned the interconnectedness of the AI financing ecosystem, including the emergence of circular financing phenomena.