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Federal Reserve's Daly: Oil prices have fallen, and hopefully the related pressure will ease.

2026-07-02

Federal Reserve's Daly: Oil prices have fallen, and hopefully the related pressure will ease.

Other News
2026-07-02

CNH HIBOR in Hong Kong on Thursday was mixed across tenors. Overnight HIBOR rose 14 bps to 1.52439%, the highest since June 26. 1-week HIBOR ticked up to 1.61364%; 2-week HIBOR fell to 1.61364%, the lowest since June 22. 1-year HIBOR slipped to 1.735

CNH HIBOR in Hong Kong on Thursday was mixed across tenors. Overnight HIBOR rose 14 bps to 1.52439%, the highest since June 26. 1-week HIBOR ticked up to 1.61364%; 2-week HIBOR fell to 1.61364%, the lowest since June 22. 1-year HIBOR slipped to 1.73515%, the lowest since June 23.
2026-07-02

Analyst Jersey said today's nonfarm payrolls make a Fed rate hike harder to implement. While markets still price the Fed's next move as a hike, the report highlights that a rate increase could threaten the employment side of the Fed's dual mandate. A

Analyst Jersey said today's nonfarm payrolls make a Fed rate hike harder to implement. While markets still price the Fed's next move as a hike, the report highlights that a rate increase could threaten the employment side of the Fed's dual mandate. Although Walsh sought to downplay the employment mandate, Jersey expects an FOMC majority will worry a hike could hurt jobs; absent inflation sustainably above 3% and expected to remain there, they will hold the policy rate unchanged until a clear trend shift.
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