Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns 
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise 
Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
China Inflation Cools in July as CPI Misses Forecast, PPI Deflation Eases 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook 
US Job Growth Seen Picking Up in July 
US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets 
Susan M. Collins, President of the Federal Reserve Bank of Boston, recently shared her economic views. She noted that the economy is doing well, with inflation heading towards the 2% target and a strong job market. At an economic conference, she stressed the need for flexible rules in finance to keep up with new technologies. Collins also discussed the importance of being patient and careful in making monetary policy decisions, especially given current uncertainties. Overall, her speeches show her active role in important economic discussions.
In her recent speech, Federal Reserve Governor Lisa Cook said the U.S. economy is in a good place and recovering well. She noted that inflation is getting closer to the Fed's 2% target, and jobs are still strong. Cook explained that cutting interest rates by half a percentage point was meant to support the job market during moderate growth. She believes this change shows confidence in managing inflation while keeping employment steady. Cook also stressed the need to watch economic trends carefully to balance job growth and price stability.
In her recent speech, Federal Reserve Governor Michelle Bowman raised concerns about the slowdown in reducing inflation, noting that progress has stalled. She warned against quickly lowering interest rates, which could increase demand and push up inflation again. Bowman suggested that the neutral interest rate is closer than thought, so policymakers should be careful with rate cuts. She emphasized that keeping prices stable is important for a strong job market and the overall economy.
