Faster global financial news!
Fed Governor Waller extends Warsh's "play the ball, not the Fed" metaphor, likening central bank reaction function to umpire's strike zone
Waller repurposed the metaphor to defend his communication style, stating that batters and pitchers don't need the strike zone to be perfect, only roughly known and stable from pitch to pitch. He emphasized that players can only play the ball if they know the umpire's strike zone, which represents the central bank's reaction function, and perfection is not required for them to play well.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
US spot Bitcoin ETFs see $527M net inflows on Oct 19, led by BlackRock's IBIT
-
2
Fitch flags US sovereign rating downgrade risk as FY2026 deficit hits $1.99 trillion, net interest expense breaks record at $1.05 trillion.
-
3
BMO Capital Markets Appoints Rahim Bapoo to Lead Global Critical Minerals Strategy and Expand Florida Presence
-
4
Economists expect bond yields to remain elevated for an extended period, alongside stronger economic growth and eventual inflation relief, according to a Wall Street Journal survey.
-
5
Saudi Arabia has postponed its major investor conference, originally scheduled for October 26, to 2027 due to escalating Houthi attacks.
-
6
Nscale, backed by NVIDIA, is reportedly in talks with Anthropic for a $45 billion cloud computing deal.
-
7
Advantage Partners is preparing to launch Japan's first large-scale forestry fund as early as this spring, aiming to consolidate forest resources and generate returns through timber, biomass, and carbon credits.
-
8
Most U.S. stocks rose as AI credit concerns eased; market focus shifts to upcoming AI earnings reports.
-
9
Anthropic is AI trade's last big hope for a major IPO this year, with 75% odds on Kalshi despite Q3 revenue of $16.8B and valuation cut
-
10
New Zealand Q3 inflation seen easing to 3.8%, but Q4 acceleration is forecast to drive more rate hikes
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
