Steve Leeman, our senior economics correspondent, joining us with that. What do we know here, Steve. >> Uh, interesting comments from Steven Myron, the new Fed governor who is on a leave of absence from the administration about stable coins and the potential effect on monetary policy.He calls stable coins could be the multi-mill trillion dollar elephant in the room for central banks. Stable coins, he says, uh, could reach 1 to3 trillion dollars by the end of the decade, the uptake of it that is. and stable ...

We always have to be cautious at reading too much into any one report and that's going to be even more the case when we have a government shutdown that we're not getting the data that we need to make monetary policy in the context of the overall picture of the job market. It seems like the pre-existing trends that were in place before the government shutdown labor market seem to be continuing uh you know at at a similar rate. You continue to see modest potential overall job creation.and you continue to see ...

Federal Reserve Bank of Cleveland President Beth Hammack said monetary policy should continue putting downward pressure on inflation, which she says is too high and remains a bigger risk for the US central bank than labor-market weakness https://t.co/gdfpUrRC3r ...

On the one hand, inflation is still well above the 2% target. It is possible that it could be sticky, for example, if increases in administered prices were repeated or if labor cost pressures continued to be elevated. There is a risk that the inflationary shocks we have had could have effects of inflation expectations on the way wages and prices are determined in the economy.That could lead to more inflationary pressure. A scenario in the report illustrates that the path of bank rate might have to be higher ...

Governor Myron, thank you so much for sitting down with me. It is great to have you on the program. >> Thanks for having me.>> We've gotten a new reading this morning on private sector job growth and uh we're seeing that job growth swung positive in October to 42,000 from negative 29,000. A lot of that job growth coming from larger companies as opposed to midsize and smaller companies. How are you looking at this report.Given that we don't have official government data, how is it informing your outlook for ...

It's not that I'm out of bounds for where the rest of the committee is unneutral. It's just that I flipped from having one of the highest neutral rates last year to now one of the lowest neutral rates. And that's driven by things like population growth, right. It's driven by things like fiscal deficits.And if you think about population growth, right, that's normally considered to be one of the biggest drivers of neutral rates. And it's part of the reason why people think that neutral usually moves very very ...

Federal Reserve Governor Stephen Miran said monetary policy remains restrictive and that he will continue to advocate for further easing https://t.co/HVbp8TSuOo ...

The European Central Bank’s monetary policy is well positioned but could yet shift as officials grapple with risks including those emanating from financial markets, Governing Council member Francois Villeroy de Galhau said https://t.co/soLqabgkev ...

As expected, the Fed cut rates by 25 basis points yesterday, but Treasury yields jumping after this comment from Fed Chair Jay Powell. Listen. In the committee's discussions at this meeting, there were strongly differing views about how to proceed in December.A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it. Policy is not on a preset course.Joining us right now with his insights is Roger Ferguson, former Fed vice chair as well as a CNBC contributor. Uh ...

Market Bubble Concerns - A composite bubble indicator suggests a relatively high level of bubble activity in the market [1] - Bubbles are unlikely to burst unless monetary policy tightens, but current trends suggest easing rates are more probable [2] - The divergence in the economy, with weakening elements alongside bubble development, complicates monetary policy [4] - The current situation is reminiscent of market conditions before crashes in 1998-99 and 1927-28 [4] - The industry acknowledges significant risks, even if the exact timing of a potential bubble burst is uncertain [7] Unicorn Valuation and Financing - Unicorns may raise, for example, $100 million but be valued at $1 billion, creating a perception of wealth that isn't fully realized in cash transactions [5] - This inflated valuation can become its own form of "money" within the ecosystem [6] AI and Technology Risks - The rapid obsolescence of GPUs and the evolving landscape of data centers present risks in the AI sector [6]