Monetary Policy - The Fed is abandoning its 2020 flexible average inflation targeting framework [1] - Stable inflation expectations cannot be taken for granted [1] - Uncertain estimates that employment may exceed its maximum sustainable level do not necessarily warrant policy tightening [1] - Preemptive action may be needed if a tight labor market risks price stability [1] Inflation & Tariffs - The impact of tariffs on consumer prices is now clearly evident [1]

Product Offering - TWAP Bot (Time-Weighted Average Price Bot) splits large trades over time to maintain price stability during accumulation [1] Functionality - The bot aims to keep prices steady [1]

India’s central bank will continue to prioritize stability in prices while boosting growth in Asia’s third largest economy, Governor Sanjay Malhotra said on Friday https://t.co/loupxugCLu ...

Inflation & Monetary Policy - The ECB believes it is currently in a good place regarding inflation, but there is no room for complacency as risks are two-sided [1] - The ECB's projection indicates that inflation is likely to be below target for 18 months, requiring vigilance to prevent it from becoming persistent [1][2][5] - The ECB is not committed to any particular rate buffer and will make decisions based on data dependency and meeting-by-meeting analysis [3] - The ECB is closely monitoring exchange rate developments, but the exchange rate is not a positive target; the mandate is price stability [5] - The appreciation of the euro has helped in reaching the 2% inflation target, but its persistence could affect the competitiveness of European export industries [6][8] Economic Outlook & Risks - Geopolitical tensions, the trade war, and artificial intelligence are significant factors influencing economic decisions [4] - The trade war's overall result is likely to increase inflation pressures in the US while dampening inflation in Europe due to a more subdued growth outlook [11][12] - The outcome of trade negotiations will impact the trajectory for the eurozone economy [9] Euro as a Reserve Currency - The Eurozone has stronger confidence in Europe and aims to turn this into concrete policy measures to support European industrial competitiveness and productivity growth [13][14] - The euro is already the number two reserve currency in the world and has real chances to become more important, potentially leading to structurally lower interest rates [15][16] - The Eurozone is willing to share some of the "exorbitant burden" of the international reserve currency currently held by the US dollar [16][17]

Economic Outlook & Uncertainty - Trade negotiations are a relevant factor influencing the European economy, with predictions varying based on different outcomes [1] - High levels of uncertainty persist due to geopolitical risks and the unknown final outcome of trade negotiations [4][5] - The Euro area's growth rate is expected to be below 1% in 2025 and slightly above that in 2026, with risks tilted to the downside [9] - Investment is flat, and consumption is not recovering, indicating a weak economic situation [9][10] Monetary Policy - The ECB has reduced interest rates eight times, from 4% to 2%, and is in a good place to deal with the future [3] - Further interest rate cuts are unlikely to significantly improve the economy, and the focus should be on certainty in trade and fiscal policies [10][11] - The evolution of inflation is expected to be positive, with the possibility of undershooting the target being limited [6][7] - The ECB does not target any concrete level for the exchange rate but monitors its level and evolution, considering its impact on inflation [16] Inflation & Exchange Rate - The ECB is confident that inflation will reach 2%, with favorable factors including the exchange rate and the evolution of energy prices [17][18][19] - An exchange rate of 1.17 or even 1.20 is considered acceptable, but overshooting beyond that would be more complicated [14] Fiscal Policy & Market Risks - Increased defensive spending is supported, but fiscal sustainability is needed, as markets may not continue to overlook fiscal policy [21][22] - Concerns exist about a market event linked to perceived unsustainable fiscal policy, which could lead to higher yields and impact valuations [23][24]

Housing Market Challenges - Housing market is facing difficulties due to people being locked in their current homes because of high mortgage costs [1] - High interest rates are impacting the housing industry and its customers [2] - There is a national housing shortage [3] Monetary Policy Considerations - The primary goal is to bring inflation down sustainably to 2% and maintain it over a long period [1] - The Federal Reserve's (Fed) tool is for the entire US economy, not just housing [3] - The Fed considers the housing market when addressing interest rates [4] - The Fed focuses on the overall US economy, not any single sector [5] Future Outlook - Normalization in housing is expected as rates come down in the medium term [3]

The gentleman from Wisconsin, Mr. . Style, who's also the chair of our subcommittee on digital assets, financial technology, and artificial intelligence. You're recognized for five minutes.Thank you, Chairman Hill. Thank you, Chairman Powell, for being with us today. I want to dive into two actions the Fed's recently taken uh to get a little additional color on.Yesterday, uh the Fed announced uh that reputational risk would no longer be a component in bank exams. Uh I viewed that positively. I viewed u the ...

Our obligation is to keep longerterm inflation expectations well anchored and to prevent a one-time increase in the price level from becoming an ongoing inflation problem. As we act to meet that obligation, we will balance our maximum employment and price stability mandates, keeping in mind that without price stability, we cannot achieve the long periods of strong labor market conditions that benefit all Americans. We may find ourselves in the challenging scenario in which our dual mandate goals are intenti ...

Um, your friend down at 1600 Pennsylvania Avenue continues to lob insults in your direction. And I'm wondering given now that the Supreme Court has maybe carved out the Fed from uh some of the legal implications of that whether this is just noise that the markets and everybody should ignore until your term is up or whether you worry that it could lead to more pressure on confidence on Wall Street on consumers about the uh outlook for the economy. Look I from my standpoint it's it's not complicated.What ever ...